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| Home | Ask Your Question | Mortgage Glossary |
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Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more... The APR on a Cash-Out Refinance September 24, 2001 "I need $20,000 and am comparing a cash-out refinancing with a second mortgage loan. The cash-out refinance would be for $185,000 at 8%, with lender fees of $1850 and other settlement costs of $3150. My current mortgage is at 7.5%, has a ... more... |
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Discounted Cash Flow Property related definitions |
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Sheriff Sale
Sheriff Sale The sheriff's sale is a public auction held at the courthouse door, and anyone can bid on the property. The property is sold to the highest bidder and the proceeds are used to pay for the costs of the sale and to pay off the mortgage. A deed given at the ... more... Cash-Flow Cash-Flow The amount of cash derived over a certain period of time from an income-producing property. The cash flow should be large enough to pay the expenses of the income producing property (mortgage payment, maintenance, ... more... |
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More about Discounted Cash Flow Property
Real Estate Professional in the Palm of Your Hand Arbitrage Uncovering No Risk Home Business Profits on Demand! Why Are Mortgage Notes Discounted Anyway? |
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