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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...

mortgage iterest notes house creditors home value bubble related definitions

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

Mortgage Note
Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more...

More about mortgage iterest notes house creditors home value bubble

Right to Buy: Your Right to Buy Your Home
Right to buy is one of the most popular policies that have a profound social impact increasing the owner occupancy. Right to buy schemes introduced in 1980 has given the right to tenants to buy their property at discounted rates. More than five million council right tenants have become homeowner ... more...

Learning the Secret of Contentment (Part 2)
Pauls encouragement to the Philippians is also our encouragement. Consider his afflictions and trials: - I was beaten 5 times by the Jews with a whip- 3 times I was beaten with rods- Once I was stoned- 3 times I was shipwrecked- On many of my missionary journeys, I was in danger from rivers, ... more...

How to Attain Your Dreams on a Single Income
If you recently became a single parent and see your dreams being washed away because you feel all alone, you arent alone. There are single parents that face future endeavors alone like dating again, living on one income, and buying the home theyve always imagined. It is possible to do things on ... more...

Credit Repair: How To Deal With Your Creditors
If you are in danger of credit problems because you have more debts than you can handle, there are things you can do at least keep your creditors reasonably happy.First, prioritize your debts or rank them in terms of the ones that can give you the most trouble the quickest. If youre three months ... more...

Appraisal vs. Market Value: How to Avoid Pitfalls in the Sale of Your Home
When you sell your home, appraisers use comps (comparable market sales) of local properties sold within the last six months to value your home. With todays rapidly rising sellers market, six-month-old information is ancient history. Appraised value does not always equal the true market value, or ... more...

How to Terror-Proof Your Money
"To drift is to be in hell, to be in heaven is to steer." George Bernard ShawFormer Homeland Security Director, Tom Ridge, has said it's not a matter of "if" well have another terrorist attack, but when. Like the attack of 9/11, the financial effects of another terror attack will be felt by ... more...

Simplicity as a Life-style
There is a relatively new phenomenon in North America called voluntary simplicity. The term voluntary simplicity is used to describe a process whereby people opt out of the harried life of modern day living, and chose to live a life of frugality. Frugality in this sense doesnt mean poverty rather ... more...

Credit Repair? It's All Up to You
Log onto to a search engine such as google.com and type in the term credit repair. Its likely that Google will return more than 25 pages of listings, many of which will be companies claiming they can erase bad credit, create a new credit identity legally, credit problems no problem. quick credit ... more...

8 Point Checklist: Evaluating Online Vendors
Here are 8 things to consider, when evaluating lenders online:Website DesignPrivacy PolicyAbout UsPopularityReputationShort FormPoints, Fees, Terms and RatesCommunication1. Website Design:The webpage is, in fact, the storefront of the internet. In the real world, your first impressions make all ... more...

Don't Buy Your On-Line Marketing Articles From Article Factories
I was busiy submitting some articles I ghost wrote for a client to some web portals late one night, when I was struck by a message a web site editor left for visitors. I wont tell you the actual site name, or mention the company that they are targeting with their message in order to protect ... more...


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