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Manufactured Housing: A Messy Picture
May 19, 2003, Revised February 14, 2005 What Is a Manufactured House? A manufactured home is built entirely in a factory, transported to a site, and installed there. It is distinguished from "modular", "panelized", and "pre-cut" homes, ... more...

What Is the Down Payment?
January 21, 2002 "My understanding is that if a home buyer puts 20% down, he doesn?t have to purchase mortgage insurance.  I put 20% down -- $48,000 on a $240,000 home purchase ? but I?m told that I do have to buy mortgage insurance because I elected to finance $6,000 in ... more...

land related definitions

Land Contract
Land Contract A contract selling arrangement whereby the buyer may use and occupy land, but no deed is given by seller until the sales price has been paid. Also commonly called a conditional sales contract, installment sales contract or real property sales contract, used ... more...

Survey
Survey A measurement of land, diagram, prepared by a registered land surveyor, showing the location of the land, legal boundaries with reference to know points, its dimensions, and the location and dimensions of any buildings. ... 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...

How to Convert Your Real Estate Notes into Quick Cash
If youre a real estate investor needing quick cash, selling your notes could offer a fast, easy solution. It can happen to anyone. You find yourself in a situation where you need a chunk of cashinstantly. Maybe you have to handle an emergency or simply want to free up funds to invest elsewhere. ... more...

Budgeting Your Log Home - Creating a Checklist
If you've read my first article, BUDGETING YOUR LOG HOME: Where do you start?, you've got a very basic overview of the process. However, there are still a number of questions I'd like to address. Again, many of these questions will come up if you build any custom home, but I'd venture to guess the ... more...

How to Finance and Build Your Dream Home
If you have always dreamed of building and living in the home youve helped design, its time to seriously consider putting your dream into action. In todays mortgage market, a specially designed loan for just such a homeowner, the construction to perm loan, includes the construction loan to ... more...

Praying To Overcome Invisible Entry Barriers
Recently, I received a frantic midnight call from one of my readers in Atlanta.A member of his was facing a foreclosure on their home in just a matter of days. He needed my advice... desperately.I sat down and wrote 14 prayer pointsand emailed that to him, along with specific instructions on ... more...

Title Insurance Protects Your Financial Investment
You purchase homeowners insurance to protect yourself financially in case something happens to your property or its contents. However homeowners insurance won't protect your financial interests if a matter arises regarding past ownership of your property. That is where title insurance comes in.Only ... more...

12 Tips for Buying Waterfront Real Estate
You probably already know this, but buying any land can be a significant decision. But what you may not know is that there are a few twists that come with purchasing a waterfront lot that make it very different from buying a lot in any old subdivision. I've put together a few tips that you should ... more...

Homes With Acreage-Ann Arbor Real Estate
Some want to leave the big city and find a home with a lot of acreage. Others want to stay in the city, but would like some land to garden, or for privacy. Whatever the reason, there are many homes with acreage for sale. There are many ways to find and pay for such homes.How much land is an acre, ... more...

Creative Real Estate Investing
With a job that paid $3.40 an hour, I saved $5,000. I used $3,500 of it to buy my first piece of real estate - 2 acres near where I lived. As you can guess, this was many years ago.A few hours removing brush, and it was ready to sell. I hand-painted a sign, and two weeks later sold the land for $4 ... more...

Why Buy Mobile Homes?
You can buy mobile homes for much less than stick-built houses in most areas of the country. Despite the common predjudice against them, mobile homes are the cheap housing choice of millions. While the advantages are not always obvious, they are real.One of the advantages is fast equity buiding. ... more...

Insure Your House
When we talk about insurance the thing you have to remember is that always the price of your house must be higher then the value of the mortgage. This is not a hard thing to take care of if you like your house and care about the quality of your life. In case something goes wrong and a disaster ... more...

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