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Are Mortgage Balloon Loans Safe if the Bubble Bursts?
May 5, 2003 "What happens if the housing bubble bursts? Will I lose my house if I owe more on it than it is worth? If I take out an ARM or balloon loan, will I be able to refinance them when they come due?" If you continue to pay your mortgage on time, you don?t ... more...

What Are "Free" Mortgage Rate Locks?
May 4, 1998 "A lender I solicited offered me a ?free? 60-day rate lock. What exactly does that mean? I am always suspicious of anything that is offered free." A rate lock probably has value to you but you are right to suspect that it is not being given away free. Capital markets ... more...

cheap cars related definitions

Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more...

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

More about cheap cars

Buying Country Acreage and Rural Properties, To Buy or Not To Buy
Almost anyone can become a rural property owner; if you are willing to set goals, establish what your purposes are, plan ahead and set targets that are all aligned toward the same result. And, if you can be patient instead of requiring instant gratification.There is no more $50-an-acre land; unless ... more...

Branding Mistakes - Brand Identity Guru
1. It sells itself. I dont need to market.Okay, you might have a solid product or service. You might even routinely satisfy your customers. They might even send their friends and family to you. But wait. Is that your product or service selling itself? No (that is, unless your widgets have learned ... more...

Debt Elimination 2
The First Step To Debt EliminationRegardless of your personal and financial circumstances, your education and your background, the chances are the first step you need to take in debt elimination has to take place in your mind. The Western mindset, especially in the US and UK, is firmly fixed on ... more...

Selling Houses with Curb Appeal and Design Psychology
Curb appeal is the most important challenge you'll face when selling your home. You must make home shoppers feel like getting out of their car to see what's behind the front door. Imagine prospective buyers driving up and examining your property for the first time. Your goal is to have them exclaim ... more...

Why Invest in Bulgaria?
Bulgaria offers cheap property for sale in a country whose economic growth has grown at a rapid pace and is now one of the highest in Europe. In the past 10 years, its tourist trade has increased dramatically. As a result, an abundance of cheap properties are for sale in Bulgaria at a much lower ... more...

Are Interest Rates Up, Up and Away?
Interest rates have been at their lowest levels in over 40 years. U.S. consumers have been able to purchase previously unaffordable homes, cars and other toys. Many have used cheap home equity loans to remodel, take vacations and pay off credit cards. Students have taken advantage of the ... more...


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