Charleston Mortgage Refinance and Information Online from competing Lenders

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Retailers looking for bottom in economic troubles - Charleston Regional Business Journal
Following months of declining consumer spending, the 2008 holiday shopping season was thought by some to be a “make or break” time for struggling retailers. Now, as the dust settles from the frenzy of holiday sales and promotions meant to entice ...

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Today's Mortgage Terms starting with E

Equity: The difference between the current market value of a property and the total debt outstanding against the property.

Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.

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