Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about property survey: | |||||||||||||||||||||||
Is FHA Responsible For the Leaky Roof?
March 19, 2001 "We just purchased a home with an FHA loan and the seller did not disclose many problems?The roof leaks, the toilet is falling through the floor?FHA inspected the house before we moved in, and they will get the house if we default and move out? We thought ... more... Settlement Costs Included in Annual Percentage Rate July 11, 2002, Revised December 4, 2004 In principle, the APR should include all settlement costs that would not arise in an all-cash transaction. Unfortunately, the current definition violates this rule in a number of instances, with no rhyme or reason. The columns below ... more... |
|||||||||||||||||||||||
property survey related definitions |
|||||||||||||||||||||||
Closing
Closing The meeting between the buyer, seller and lender or their agents where the property and funds legally change hands. Also called settlement. Closing costs usually include an origination fee, ... 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... |
|||||||||||||||||||||||
More about property survey Negotiating the Real Estate Contract Government Seized Property Auctions Mortgage Glossary - A Glossary of Mortgage Terms You Should Know 6 REASONS for Investing in Florida Real Estate Investment Property NOW Secrets of Making Money from Real Estate - Part 4 Top Ten Tips when Buying Real Estate! Negotiating the Sale of Your Home List Your Property Correctly & Make More Money! What is Tax-Deferred Exchange? Mortgage Loan Closing Costs for Refinance Loans and Home Purchase
|
|
||||||||||||||||||||||
|