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Mortgage Professor about buying a new home: | |||||||||||||||||||||||
When Co-Borrowers Split
July 19, 2000 "I am going through a divorce, and have agreed to stay on the mortgage for 3 years. At the end of that time, my ex-wife can refinance the house in her name. How much will this impact my buying a new home during the 3 years?" The loan will show ... more... Is FHA Responsible For the Leaky Roof? March 19, 2001 "We just purchased a home with an FHA loan and the seller did not disclose many problems?The roof leaks, the toilet is falling through the floor?FHA inspected the house before we moved in, and they will get the house if we default and move out? We thought ... more... |
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buying a new home related definitions |
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Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... 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... |
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More about buying a new home A Singles Game of Real Estate Buying a Home? Don't Get Saddled with Two Mortgage Payments Learn How You Can Repair Your Credit & Get Out Of Debt Faster Before Buying Your New House! Build Your Own Dream House! What is a Bridging Loan? No Down Payment Mortgage Loan - Ways to Buy a Home with Zero Down Cutting Edge Real Estate: Is There Anything New? Part 1 Seven Steps for a New Home Loan Purchase Buying and Selling a Home Isn't the Same Old Thing Bankruptcy and Buying a Home Can You Still Get Approved?
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