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How to Shop For a Mortgage
September 24, 2003, Revised November 12, 2004 Shopping for a mortgage effectively isn?t easy. Reforms proposed by HUD, which were pending at the time this article was first drafted, and which promised to make the process much easier, were never enacted.   ... more...

Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more...

closing cost calculator related definitions

HUD 1
HUD 1 A closing document required by HUD that outlines the settlement cost of a loan. The closing agent prepares this document and sends it to the buyer upon closing. The Department of Housing and Urban Development (HUD) was established by the Housing and Urban Development ... more...

Assumption
Assumption The agreement between buyer and seller where the buyer takes over the payments on an existing mortgage from the seller. Assuming a loan can usually save the buyer money since this is an existing mortgage debt, unlike a new ... more...

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Get Free closing cost calculator Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

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 ... more...

Calculating Car Lease Payments - Online Lease Calculator Makes It Easy
One of the first questions that comes to mind when thinking of leasing a car is: "What will my monthly lease payment amount be?" or "How much can I save by leasing when compared to buying?"Getting the answers can be as simple as using an online lease calculator such as the Lease Calculator from ... more...

Student Loan Discussion
Solid research has proven that the job market is becoming much more competitive. Employers are looking for individuals who can deliver more knowledge, ability and experience than ever before. Those who are able to get the higher paying jobs are those who are backed by a solid university education. ... more...

Log Homes - Top 10 Questions (and Answers)
1. What is the best log home company?There are over 300 companies that offer log home kits and packages. Each is different than the others. Most have been in business for a number of years, offer a good product, have considerable experience, and have satisfied customers. They vary by wood types ... more...

How To Get A Low Cost Secured Loan?
Difficult situations prompt us to take a loan, but the repayment burden it creates and the amount of extra payments, which we have to make in the form of interest and fees, worries us constantly. The first priority of any person should be to be self-sufficient. If he or she has to take a loan due ... more...

Be Prepared to Pay Closing Costs
It can be so hard to save the money for a down payment, then you realize that you'll need to pay closing costs as well. It can be a stressful feeling, wondering if you are going to have enough cash at closing.You will receive a Good Faith Estimate of the closing costs within three days of applying ... more...

The Residential Real Estate Buying Process in Austin Texas
Decide to BuyThe first step in buying a house is to try and understand what you hope to achieve. When you begin to think about buying a new house, there are many questions you should ask yourself such as: Why do I want to move? How soon do I want to move? How long do I plan on living in the home? ... more...

Home Equity Loans in Texas
A few notes of importance: This only applies to a homestead property, that is the customers primary residence LTV refers to Loan to Value, meaning the loan amount as compared to the value of the home. As an example, a loan of $75,000 on a home valued at $100,000 would be a loan at 75% LTV. These ... more...

Set Aside Foreclosure and Decree and Motion for New Trial
Prove Up of the ClaimTo recover on a promissory note the Plaintiff (lender) must prove existence of the note.To recover on a promissory note, the plaintiff must prove:(1) the existence of the note in question;(2) that the party sued signed the note;(3) that the plaintiff is the owner or holder of ... more...

Mortgage Calculator Hopes: The American Dream
A family and a home of my own. These are the dreams of millions of little girls. The harsh reality of adulthood can push those dreams done. Many times it's just because there seems no way. A mortgage calculator can crunch the numbers fast and show what it really takes to into a home. Savings, time ... more...

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