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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... |
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palm beach property appraiser related definitions |
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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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More about palm beach property appraiser List Your Property Correctly & Make More Money! Point Pleasant Beach New Jersey Real Estate How Appraisals and Assessments Differ The Many Types of Palm Trees Mortgage Glossary - A Glossary of Mortgage Terms You Should Know North Myrtle Beach South Carolina Real Estate Appraisal vs. Market Value: How to Avoid Pitfalls in the Sale of Your Home North Miami Beach Florida Real Estate How To Find Your Dream Home In Belize I have a buyer for your property and I can sell it now!
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