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Mortgage Professor about home addition: 
Avoiding Taxes on a Gift of Equity
  December 20, 1999, Revised April 16, 2003, Revised July 16, 2004 "My parents are willing to sell me their home, which is worth $200,000, for only $150,000... Can I arrange the sale in a way that will allow me to avoid mortgage insurance?" In addition to ... more...

How Much House Can You Afford?
December 10, 1999 Borrowers often begin their home search with only the foggiest idea about how much they can afford to pay, which can result in wasted time and frustration. They should know approximately how much they can afford ... more...

home addition related definitions

FHA Mortgage Insurance
FHA Mortgage Insurance It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as MIP - Mortage Insurance Premium. By insuring the loan the Federal Government agrees to repay ... more...

MIP, Mortgage Insurance Premium
MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more...

More about home addition

Get Free home addition 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...

Buying A Condo In Chula Vista California
What are condominiums? A condominium is not a specific kind of home, but rather a specific kind of ownership. Condominiums can be townhouses, high-rise flats, or even detached houses. Instead of owning a piece of land outright, as with freehold ownership, condo owners own a space, called a unit, in ... more...

When to Refinance Your Mortgage
Mortgages are easily the most intimidating aspect of home ownership. Understanding how the mortgage industry works and when to refinance your mortgage can be a difficult task. A free mortgage guide can help you decipher mortgages and answer the question when you should refinance. Mortgage ... more...

Buying a New Home Home Buying Tips
If you in the process of looking for your first home, there are some essential steps that you should be aware of. Many times, people fall in love with a home and rush into the dealnot considering some important issues. Unfortunately, many of those people end up unhappy with their purchase or end ... more...

Using Refinancing to Secure Lower Interest Rates
When the time comes to finally buy the house that you've been dreaming of, you might find that the market isn't right to give you the interest rate that you want. Of course, it's not always a good idea to wait and see if rates improve the home of your dreams might be sold right under your nose.If ... more...

Home Equity Loan Information - What Is A Home Equity Line Of Credit?
Did you know that if you have a home that youve been paying on for years, you may have a lot of usable money right under your nose? Whats more, a home equity loan just may be the perfect way to get your hands on that money!Heres how it works. Lets imagine that your home mortgage is for $250,000, ... more...

What is Hospice Care?
The contemporary hospice offers a comprehensive program of care to patients and families facing a life threatening illness. Hospice is primarily a concept of care, not a specific place of care. Hospice emphasizes palliative care, rather than curing; quality rather than quantity of life. Hospice ... more...

Consider Debt Consolidation to Improve your Bad Credit
Even though you may have a bad credit history, debt consolidation may be a way for you to take charge of your credit. For most people, being in debt is just a fact, but it does not have to be a bad thing. How well you manage your debt and pay your bills in a timely fashion will determine if you ... more...

Renting Versus Buying A Home
Renters are often in a quandary as to whether it makes sense to continue renting or buy a home. Buying a home makes more sense, particularly when taking a long-term view. Yes, even in the current hot real estate market.Renting AdvantagesRenting can have a few advantages depending on the part of ... more...

Debt Consolidation Refi Loan - Refinance and Get Out of Debt
Before mortgage interest rates begin to rise, homeowners must take advantage of low rates and refinance their mortgage. Refinancing serve many useful purposes. Aside from presenting the perfect opportunity to lock in at a low rate, many homeowners are able to borrow against their equity and ... more...

The Real Estate Market In Spain: Making Profits Out Of Sand
The Real estate market in Spain keeps gaining momentum and is of a vital interest among overseas investors. Property prices in the country continue growing at rapid pace due to a sustainable development in many areas of the mainland and the islands.Spains pleasant climate, low cost of living and ... more...

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