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Mortgage Professor about Home Addition: | |||||||||||||||||||||||
Avoiding Taxes on a Gift of Equity
December 20, 1999, Revised April 16, 2003, Revised July 16, 2004 "My parents are willing to sell me their home, which is worth $200,000, for only $150,000... Can I arrange the sale in a way that will allow me to avoid mortgage insurance?" In addition to ... more... How Much House Can You Afford? December 10, 1999 Borrowers often begin their home search with only the foggiest idea about how much they can afford to pay, which can result in wasted time and frustration. They should know approximately how much they can afford ... more... |
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Home Addition related definitions |
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FHA Mortgage Insurance
FHA Mortgage Insurance It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as MIP - Mortage Insurance Premium. By insuring the loan the Federal Government agrees to repay ... more... MIP, Mortgage Insurance Premium MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more... |
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More about Home Addition Building a Home Addition Taking The Plunge: Starting Your First Home Based Business Medicaid Overview How to Buy a Home When Your in Your Twenties A Singles Game of Real Estate This Secret Weapon Will Eanble You To Close Up To 200% more Home Remodel Sales Affiliate Opportunity: The "Bad Credit" Market First Time Buyers Mortgage Application Checklist Balance Transfer Credit Card - Debt Consolidation 13 Extra Costs to be Aware of Before Buying a Home
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