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Mortgage Professor about buying a home after bankrup: | |||||||||||||||||||||||
Sign an Exclusive Contract With a Mortgage Broker?
20 June 2005 Many borrowers are reluctant to sign a contract with a mortgage broker that bars the borrower from working with another loan provider. The following letter is typical. ?The mortgage broker I contacted asked me to sign an "exclusive agency" agreement that says I ... more... Pros and Cons of Paying Cash for a House April 22, 2002 "We are turning 50 and soon will be selling our house to buy another. We have no savings aside from the equity in our current house, which is approximately $180,000. We plan to work for another 15 years, during which time we will have available about $1500 a ... more... |
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buying a home after bankrup related definitions |
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Second Home, Vacation Home
Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more... 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... |
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More about buying a home after bankrup Investor Guide to Financial Health Home Buying: Things To Keep In Mind Before Selling Your Home Buying a Home With Poor Credit Is Easier Than Ever Buying a Home After Foreclosure Ways to Lower Mortgage Rate Sticking With Some Home-buying Rules Makes Sense The Best Way To Get The "Right" Mortgage Kings Bay Georgia Real Estate - Be Picky When You Choose your Realtor! Buying a House After Bankruptcy - Finding a Bad Credit Mortgage Mortgage Loans 101: What's a Balloon Loan?
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