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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 Add Value To Your Home With A Home Improvement Loan Selling Property - Valuing Your Property California Mortgage Refinancing Investment Property Part 2 of 2: What You Need to Know Before You Buy Home Equity Dont Spend It on Risky Investments Home Equity Loans in Texas What if Real Estate Prices Always Went Up? Mortgage Loan Application Denied? Use The Home Secured Loans To Fund Your Financial Emergency Home A Loan
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