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Mortgage Professor about for sale by owner: 
Is There a Substitute For Escrows?
April 5, 1999 "Your recent article on avoiding escrows did not consider the problem of the owner-seller who takes back a mortgage and does not want the responsibility of paying taxes and insurance. Yet the individual lender still needs to know that they are paid ... more...

Housing Affordability: Why the Differences?
January 4, 1999 "My financial planner said I could afford to spend $250,000 for a house, my real estate broker said $280,000 and a calculator I found on the internet said $295,000. How come these large differences?" The affordability calculation is fairly complex ... more...

for sale by owner related definitions

For Sale By Owner, FSBO
FSBO FSBO (pronounced Fizz-Bo) is shorthand for "For Sale By Owner". A property and/or person that is marketed by the owner without the assistance of a conventional real estate broker. FSBOs account for approximately 20 percent of all real estate transactions. ... more...

Tax Sale
Tax Sale Property on which current county taxes have not been paid is "sold to the state." At this stage no actual sale takes place - the title is transferred to the state and the owner may redeem it by paying taxes, penalties and costs. If it has not been redeemed ... more...

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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...

South Dakota Real Estate - Step Away From The Rat Race
From National Parks to a relaxed pace of life, South Dakota has a lot more going for it then you might think. With some of the cheapest prices in the land, South Dakota real estate is a steal.South DakotaIf youre looking for bustling cities and every modern convenience, South Dakota is definitely ... more...

Flipping and Fixing Houses for High Return on Investment Capital
Investors love to make a high return on their money. That's why so many millionaires invest in real estate. You can leverage your money using other peoples' money when you finance real estate.Many real estate investors make $5,000 to $10,000 or more by flipping houses. These investors buy a home ... more...

Foreclosure Scams To Be Aware Of
Homeowners facing foreclosure should be aware of unscrupulous lenders and scammers. Dont get me wrong, most lenders and agencies are reputable and legit. However some lenders, commonly second mortgage issuers will use unethical practices that increase the risk of nonpayment by the borrower. These ... more...

Tennessee Real Estate - Music to the Ears
Tennessee is the state of prairies, towering mountains and country music. Inexpensive Tennessee real estate will also put a jump in your step.TennesseeTennessee is a state with a little bit of everything. Parts of the states are comprised of lush, rolling fields with horse farms and agricultural. ... more...

Finding Your Dream Home
Finding your dream home starts with you. Thats a statement that you will have to remember throughout your search for your dream home. The reason is because throughout your journey of finding your dream home, you will find yourself being derailed one time too many. Everyone will want to give you ... more...

South Carolina Real Estate - Past and Present Collide
With tons of history and modern development, South Carolina is a unique state. South Carolina real estate is also unique because prices are so low.South CarolinaIt would be an understatement to say South Carolina played a major role in the Civil War. Battles raged across the land and the state has ... more...

Defining Mortgages - Why One Mortgage Is Not Like The Other
Many a borrower has gotten hung up on mortgage lingo and financial jargon. When brokers and lenders take the time to explain one can only be more confused.Adding to the confusion is the fact that one mortgage is not like the other. Exactly what do home mortgages purport to be? Is a mortgage a loan? ... more...

Idaho Real Estate - A Better Quality of Life
A mountainous state, Idaho has become a popular destination for families and outdoor enthusiast. If youre considering Idaho, heres a primer on the state and Idaho real estate.IdahoFor backpackers, river enthusiasts and rock climbers, Idaho is frequent destination. With a mountainous profile, the ... more...

Homebuyer's Loan Guide
If you are a homebuyer, there are a few points on a homebuyer's loan that you should keep in mind. These pointers simply ensure that you dont burden yourself with a loan or repayment and that you can get a justified return on your investment.The pointers to a loan for homebuyers are:1) Work out ... more...

Virginia Real Estate - Living in History
Virginia has played a central role throughout the history of the United States. With reasonable prices, you can live in the middle of it with Virginia real estate.VirginiaThe historical significance of Virginia is simply unmatched in the United States. Presidents George Washington and Thomas ... more...

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