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McCain wants to postpone debate until fantasy baseball season is over - Serioussports NewsnetworkOXFORD, MS — Citing the unbelievable pressures facing most fantasy baseball playing Americans and the heady times that are coming up this weekend, John McCain has proposed that the presidential debate between he and democratic candidate Barack ...
Expansion of Kingsport's mall on track despite managing group's ... - Kingsport Times-NewsKINGSPORT — Plans to expand and renovate the Kingsport Town Center starting next year are still on track. That’s despite the soft economy and potential bankruptcy of Chicago-based General Growth Properties Inc., the third-party manager of the ...
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.
View all Terms