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Mortgage Professor about ranch home addition: | |||||||||||||||||||||||
Avoiding Taxes on a Gift of Equity
December 20, 1999, Revised April 16, 2003, Revised July 16, 2004 "My parents are willing to sell me their home, which is worth $200,000, for only $150,000... Can I arrange the sale in a way that will allow me to avoid mortgage insurance?" In addition to ... more... How Much House Can You Afford? December 10, 1999 Borrowers often begin their home search with only the foggiest idea about how much they can afford to pay, which can result in wasted time and frustration. They should know approximately how much they can afford ... more... |
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ranch home addition related definitions |
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FHA Mortgage Insurance
FHA Mortgage Insurance It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as MIP - Mortage Insurance Premium. By insuring the loan the Federal Government agrees to repay ... more... MIP, Mortgage Insurance Premium MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more... |
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More about ranch home addition Home Equity Loans - Are They Right For You? Home Equity Line vs. Second Mortgage Home-Based Business For Fun And Profit Home Equity Loans A Big Benefit Or A Big Mistake? Pricing Your Home for Sale Home Equity Loan Information 10 Easy but Essential Steps for Home Selling Success Top Tips for Buying and Selling a Home Home Owner Insurance, What to Expect and What to Ask Your Agent What is a Home Equity Loan?
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