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Mortgage Professor about fair home market: | |||||||||||||||||||||||
What Is an Upfront Mortgage Lender?
July 8, 2003 Since I began fielding questions about mortgages in 1998, I have been frustrated by my inability to answer one question in particular, which gets thrown at me all the time. The question is "Can I trust [name of mortgage lender]?" A variant is ... more... Avoiding Markups on Third Party Settlement Services December 17, 2001 ?The Federal appellate court in the 7th circuit recently ruled that it is legal for lenders to make a profit on third party services sold to borrowers, such as appraisals and credit reports. In contrast, HUD has always said that markups were illegal if there were no ... more... |
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fair home market related definitions |
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Equity
Equity The difference between the fair market value and current indebtedness, also referred to as the owner's interest. The value an owner has in real estate over and above the obligation against the property. Equity increases as the mortgage is paid or as the property enjoys ... more... Equity Equity The difference between the fair market value and current indebtedness, also referred to as the owner's interest. The value an owner has in real estate over and above the obligation against the property. Equity increases as the mortgage is paid or as the property enjoys ... more... |
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More about fair home market What Does the Term "Market Value" Mean? Building a Home Addition Appraisal vs. Market Value: How to Avoid Pitfalls in the Sale of Your Home Home Appraisal Values Are Critical How To Get Top Dollar For Your Home Fast Sell Your Home Without a Realtor and Save Thousand$$$ 10 Top Considerations For Those Buying Property Abroad 5 Secrets for Surviving a Real Estate Market Downturn The Best Way to Buy a New Home While Selling Your Existing Home Boston Real Estate You Still Have Considerable Control Over the Sale of Your Boston Home
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