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Mortgage Professor about foreclosed properties: | ||||||||
Home Owners Loan Corporation II - a Fable
4 July 2005 Author?s Note: Home Owners Loan Corporation II was established by the Congress on August 7, 2007. The following is a transcript of the chairman?s introductory comments at the first board meeting, held September 12, 2007. ?Before we begin our deliberations on how to ... more... Combine Two Properties In One Mortgage? June 18, 2001 "My condo has appreciated greatly in value, and I am about to buy a house which will be my permanent residence. I will rent the condo. Is it possible to use my equity in the condo as the down payment on my house by combining the 2 properties into one ... more... |
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foreclosed properties related definitions |
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Owner Occupied Property
Owner Occupied Property A borrower uses the property as a primary residence. An Owner Occupied loan is secured by property, typically with the borrower renting and occupying the space. If more than one unit, the lease payments may directly support principal and interest ... more... Flood Insurance Flood Insurance An insurance policy that covers property damage due to natural flooding. Flood insurance may be required on properties in a flood zone - the land bordering a stream which is subject to floods of about equal frequency; for example, a strip of the flood plain ... more... |
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More about foreclosed properties
How to Buy a Home When Your in Your Twenties The Ultimate Short Sale Secret How I Became a Real Estate Investor Bad Credit? No Credit? No Money? No Problem! A Bad Real Estate Market is Good for Real Estate Investors and the Country! Back To The Future - Big Changes Are Coming, Get Ready Now No Money! Does It Really Matter? (Free E-Books) Buy FHA HUD Homes Should You Buy Hud Homes? A Possible Bargain: Foreclosed Properties
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