Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about home market value: | ||||||||
Are Mortgage Assumptions a Good Deal?
November 17, 2003, Revised December 20, 2005 ?I have been offered a deal where I take over the home seller?s mortgage. What are the pros and cons of doing this?? Benefit of Mortgage Assumptions to Buyers When a homebuyer assumes responsibility for a home seller?s ... more... Are Mortgage Balloon Loans Safe if the Bubble Bursts? May 5, 2003 "What happens if the housing bubble bursts? Will I lose my house if I owe more on it than it is worth? If I take out an ARM or balloon loan, will I be able to refinance them when they come due?" If you continue to pay your mortgage on time, you don?t ... more... |
||||||||
home market value related definitions |
||||||||
Shared Appreciation Mortgage, SAMt
Shared Appreciation Mortgage, SAM A mortgage in which a borrower receives a below-market interest rate in return for which the lender (or another investor such as a family member or other partner) receives a portion of the future appreciation in the value of the property. May also ... more... Equity Equity The difference between the fair market value and current indebtedness, also referred to as the owner's interest. The value an owner has in real estate over and above the obligation against the property. Equity increases as the mortgage is paid or as the property enjoys ... more... |
||||||||
More about home market value
Getting a Home Improvement Loan: What Your Bank Needs Unlock your Home Loan Piggy Bank Searching for the Perfect Car Loan Tips for Finding a Low Interest Loan How to Secure a Low Cost Online Loan A Look at the Advantages of Secured Loan Finding a Low Cost Loan Finding the Best Low Cost Secured Loan Don't Overpay for a House, Even in Today's Market How to Sell Your Home Without a Real Estate Agent
|
|
|||||||
|