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Mortgage Professor about property value: | |||||||||||||||||||||||
Canceling Private Mortgage Insurance (2)
January 22, 2001 "I was told that under Federal legislation passed in 1999, private mortgage insurance is cancelled automatically at some point -- borrowers don?t have to do anything. Is that right." Yes. Under one provision of that law, lenders are required to ... more... Pros and Cons: Mortgage Insurance Versus Higher Rate December 6, 1999 "We have a 5 percent down payment and our lender has offered us a Tax Advantage Mortgage Insurance plan instead of conventional private mortgage insurance (PMI). Instead of paying a mortgage insurance ... more... |
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property value related definitions |
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Loan To Value Ratio
Loan To Value Ratio Loan To Value, LTV. This is the size of the loan or mortgage as a percentage of the value of the property or price being paid for the property, eg a property valued at $120,000 with a mortgage of $108,000 would have an LTV of 90%. Loans with an LTV over ... more... Market Value Market Value The highest price that a buyer would pay and the lowest price a seller would accept on a property. Market value is the most probable price which a property should bring in under normal market conditions and may be different from the price a property could actually be ... more... |
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More about property value "Curse of the Abyss Worm," J.J. Hill: and the Cradle that Rocks [Chapter #17] Home Buyer Checklist How to Achieve Financial Freedom with Your Home Real Estate Investors - How to Buy for Your Rent to Own Homes Inventory Investing in Real Estate Like a Stock Where Did All The Farmers Go? Medicaid Overview Secured Loans Tips Bad Credit? No Credit? No Money? No Problem! Buying Country Acreage and Rural Properties, To Buy or Not To Buy
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