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Can Rental Income Help You Qualify For a Mortgage?
February 28, 2000 "I am looking to buy a property that I will occupy part of the year. The rest of the time it will be rented out for a guaranteed amount. Will the lender include the rental income in qualifying me for a loan?" Yes, the lender will include some of ... more...

Do Mortgage Lenders Recognize Bargain Prices?
October 9, 2000 "I am buying a house for $105,000 but it is appraised at $120,000. Can I use the difference as my down payment?" "I have no cash and lots of credit card debt, but I think I can purchase a house for less than its appraised value. Can I use the ... more...

palm beach property appraiser related definitions

Appraisal
Appraisal An estimate of the value of property, made by a qualified professional called an "appraiser". Before a lender will lend you the money for a home, they will first require an appraisal to be done by a qualified licensed appraiser ... more...

Sheriff Sale
Sheriff Sale The sheriff's sale is a public auction held at the courthouse door, and anyone can bid on the property. The property is sold to the highest bidder and the proceeds are used to pay for the costs of the sale and to pay off the mortgage. A deed given at the ... 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...

Investment Property Part 2 of 2: What You Need to Know Before You Buy
Welcome to the second portion of a two-part series on investment property. In the first installment, How Not to Become a Slumlord, we discussed a little of what it takes to own and operate a property as well as some of the dos and donts of the property management trade. In this second segment, we ... more...

Things To Consider Before Buying a Condo Hotel or Resort Residence
Resort home ownership, such as condo hotels and fractional shares is different from typical home ownership. So it is important to ask certain questions before signing the purchase agreement on a resort property. The following list of questions typically applies to most types of resort property ... more...

Should I Still Buy Real Estate After All That Has Happened?
Rehoboth Beach Delaware is called the Nations Summer Capital because we are such a common second home and entertainment location for the powerful and influential people of Washington D.C. There are few people making over $75,000 a year in the DC professions who do not frequent this area when they ... more...

Finding Houses For Your New Property Business
Last time we looked at Market research and one of the topics to be researched was properties that are currently available to rent in your locality. You can find these on your competitors web sites and listed in the local press. Make a list of ALL the property available near you. Its an excellent ... more...

Investment Property - Leveraging Rental Property Equity
Owning investment property is a tremendous wealth building strategy. Thousands upon thousands of individuals have amassed great wealth by investing in rental properties.Unfortunately, few investment property owners learn how to leverage equity in a way that maximizes tax deductions while creating ... more...

10 Top Considerations For Those Buying Property Abroad
Are you one of a growing number of people considering buying a second home in the sun, an idyllic home from home abroad or a lucrative investment property overseas? If so youre not alone! Statistics show that globally were all on the move with a recent survey by YouGov revealing that 55% of adult ... more...

Legal Agreement to Cohabitate Between Unmarried Persons
THIS AGREEMENT is made and entered into this Third day of March, in the City of CITY, COUNTY County, Tennessee, by and between DAVID (hereinafter referred to as CLARK and MARTHA (hereinafter referred to as STEWART with reference to the following facts:A. The parties to this agreement are not now, ... more...

The Value of Foreclosed Property
The discount on a foreclosed property is not as great if the state allows deficiency judgments by lenders against borrowers. In contrast, the discount is larger if the property is being sold in a state that requires foreclosures to proceed through the judicial system. Lastly, appraisals seem to be ... more...

5 Steps to Successful Property Investment
When looking to invest in property its always important to take a structured approach to ensure you get only what you are looking for. Over the years Ive developed the following structure and Ill always stick to it so that I know I have done all the homework necessary to make a sound investment ... more...

SIPPS - Need to Know More?
What is SIPPS? What is A-Day? How could it affect you? Do you have investment property or want to invest in property? These are all questions, that you will want to find answers to.Referred to as A-Day, April 6th 2006 will be an historical date for pensions in the UK and will mark the beginning ... more...

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