Mortgage Glossary - A Glossary of Mortgage Terms You Should Know
Acceleration Clause A clause in a mortgage defining that the entire outstanding balance can become due and payable should mortgage default occur. If the entire balance is not paid, the property will be foreclosed.Adjustable Rate Mortgage (ARM) Mortgage with interest rates that may be adjusted by ...
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Don't Let High Ticket Prices Keep You From Seeing The "Big" Games In Person
Have you ever dreamed about seeing a big sports event like the
Super Bowl, NCAA Final Four, or Daytona 500 in person? If so,
what kept you from realizing your dream?Before you answer that one, let me demonstrate how the typical
fan tries to buy tickets. I'll use the Indianapolis 500 as an ...
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Test Your HQ (Humor Quotient)
The results are in! Scientific research links a pessimistic attitude towards life with one specific blood type -- B negative.
Get it? If you didnt get it then either you have low HQ, your blood type is B negative, or you just found out you are going to be audited.If life at work becomes ...
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Rebuilding After Katrina: Smart Energy Choices
Energy efficiency has been part of the American lexicon since 1978 when the Energy Policy Act was first enacted. Since then, energy efficient homes and increased use of renewable energy resources have become the norm in states like New York and California. Policies and programs have supported these ...
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40-Year Mortgages: An Alternative to Interest-only Loans?
Interest-only loans are quickly becoming a mainstream loan product. Borrowers who were initially turned-off by the perceived risk associated with an interest-only loan are now starting to see the benefits: Lower payments, less money tied up in equity, more flexibility, etc.For the savvy borrower, ...
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Florida Investment Real Estate and What Are Considerations Before Buying
Investment Real Estate, First Things FirstConsidering investing in property? What are some pertinent things to consider before taking this leap? Of all the investment possibilities, investment in land generally produces the most positive results. It is vital, however, to carefully investigate ...
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Are You Ready for a 40-year Mortgage?
Real estate prices have been increasing steadily over the last five years, particularly on the East and West coasts. In parts of California, homes are selling for 33% more than they were a year ago. This has made it more difficult than ever for first-time homebuyers to purchase a home.Over the ...
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Life Insurance: Who Needs It And How Much Do You Need?
Your friendly, neighborhood life insurance agent is most likely to answer this question with the word everybody.The fact is, not everybody does need life insurance. If you don't have a family, you probably don't need life insurance unless, of course, youre a really nice person and just want to ...
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Christmas After Credit Cards
A crucial time of year is approaching for families trying to reduce debt. The holidays are always difficult to get through without increasing debt. I've found this to be especially true with my own family. Reflecting on previous years it's hard to say where my troubles began. When I was a ...
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How to Buy a Home When Your in Your Twenties
A Singles Game of Real Estate
(Getting started in your twenties)Due to the fact that most of us grow up in either a rented apartment or our parents single family home, it stands to reason that most people, when beginning to ask themselves the question of purchasing their own dwelling, will come to ...
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