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Mortgage Professor about owner occupied property: | |||||||||||||||||||||||
Questions About Title Insurance
December 16, 2002 "What is title insurance?" Title insurance is protection against loss arising from problems connected to the title to your property. Before you purchased your home, it may have gone through several ownership changes, and ... more... What Mortgage Market Niche Are You In? October 19, 2002 "I recently found what appeared to be the best deal on a 30-year fixed-rate mortgage from ads in the newspaper, but when I told the loan officer exactly what I needed, the price rose and the amount I could ... more... |
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owner occupied property related definitions |
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Owner Occupied Property
Owner Occupied Property A borrower uses the property as a primary residence. An Owner Occupied loan is secured by property, typically with the borrower renting and occupying the space. If more than one unit, the lease payments may directly support principal and interest ... more... Vacation Home Vacation Home Vacation home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Vacation Home As Investment When market is ... more... |
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More about owner occupied property Top Ten Tips when Buying Real Estate! Death, Taxes, and Foreclosures Home Owner Loans Explained Landlord Insurance The Value of Foreclosed Property Mortgage Glossary of Terms Negative Gearing Its Not to Your Benefit! Directionals Move Properties Investment Property - Leveraging Rental Property Equity SIPPS - Need to Know More?
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