Insight into Real Estate Short Sales Posted By : Stephanie Larkin
Jan 03, 2009 in Mortgage
Insight into Real Estate Short Sales Posted By : Stephanie Larkin
When the amount of a mortgage is more than the home is worth, the property may be a candidate for a short sale. A short sale is when the lender agrees to take less money for the home than the amount that is owed on the mortgage. The balance, technically, can be attached to the seller, so if you are considering a short sale it is important to work with an experienced real estate attorney.
What is a Reverse Mortgage? How Can You Benefit From One? Posted By : K.L. Huser
How you can benefit from a reverse mortgage, what does it take to qualify, the advantages and drawbacks.
New chancellor, new mortgage plans: but will they work? Posted By : Adam Singleton
Alistair Darling, the new Chancellor of the Exchequer, has set about attempts to reshuffle the way the mortgage market in the UK is managed by encouraging 25-year fixed rate mortgages.
Some Common Loans Jargon Explained Posted By : Martin Sumner
The financial services industry is very keen on jargon, and it can sometimes be difficult to be sure of what you’re applying for. Here we’ll explain some common loans terms and what they mean for your application.