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CapeCodToday Blog Chowder - Cape Cod TodayWelcome to CapeCodToday's Blog Chowder! This page aggregates the most recent postings from all the CapeCodToday bloggers for your convenience. Bookmark this page or see below left for RSS options. I remember the OJ trial. There was a lot of evidence ...
Time to fall in love with your home again - AZCentral.comThe foreclosure market dominates the news, but it remains that good old-fashioned American homeowners occupy the overwhelming majority of Phoenix-area homes. That's the good news. And here's some even better news: If you have significant equity in ...
A Lovely Mixed Bag Of A Mailbox... - Football365.comGreat to hear Peter Hill-Wood's comments even if it is only a negotiating stance. Truth of the matter is that any big institution that gets their sums wrong is history. Arsenal's stadium was built with finance from the mad decade but has to ...
Commercial Real Estate - Daily Business Reviewuane Stiller, president of Woolbright Development, has seen firsthand the toll the credit crisis and slow economy have taken on the commercial real estate industry. In recent months, his retail development company has had six deals fall through ...
Most Visited - Nolanchart.com(centrist liberal) Most of the time when I talk to people about this I run into a problem because they just don't get it. They look around, and instead of seeing anything to worry about they see things are getting cheaper, government economists and ...
Aston Martin DB9 Volante -- Bond would be fond of it - San Francisco GateThere's a scene in David Lean's epic picture, "Lawrence of Arabia," where a stuffy British officer picks his way through a courtyard filled with sick and dying people. As he strides along, he looks around him, his face registering shock at the human ...
Aguirre's Departure Could Clear Way for Borrowing - Voiceof San DiegoMonday, Jan. 5, 2009 | With a new city attorney at the helm, San Diego city officials hope they can move forward on backlogged infrastructure improvements halted when ex-City Attorney Mike Aguirre refused to sign off on a complex plan to borrow more ...
Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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