Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about house: | |||||||||||||||||||||||
How Much of Your House Does an Investor Deserve?
1 August 2005 "I have a friend who wants to put up the 20% down payment I need to purchase my house. It would be an investment by him, which he would recover when I sell the house or in 7 years, whichever comes first. Our problem is in determining the percent of the house ... more... Are House Seller Contributions Kosher? July 10, 2000 ?I offered $289K for a house but was not able to make a down payment. The seller?s realtor told me that so long as I could pay all the closing costs, they would find a way to contribute 5% toward a down payment. When we sat down to sign the ... more... |
|||||||||||||||||||||||
house related definitions |
|||||||||||||||||||||||
Depreciation
Depreciation Decline in the value of a house due to wear and tear, obsolescence, adverse changes in the neighborhood, or any other reason. Depreciation is treated as an expense and is a line item on an income statement. Depreciation can only be applied to the building and not ... more... Homestead Homestead Status provided to a homeowner's principal residence - the dwelling (house and contiguous land) of the head of a family -in some states that protects the home against judgements up to specified amounts. Some states grant statutory exemptions, protecting homestead ... more... |
|||||||||||||||||||||||
More about house Renting a House 10 Reasons A Home Buyer Will Never Buy Your House The Residential Real Estate Selling Process In Austin Texas Your Building Your Dream Home, But Where Do You Start? How To Create A House Buying 'Wish List' For Your Dream Home Don't Dig Your Own Pit First-time House Buyers: to Buy or Not to Buy; that is the Question Benefits Of A Relocation Service Don't Overpay for a House, Even in Today's Market Real Estate Investing - House Problems
|
|
||||||||||||||||||||||
|