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Questions About Title Insurance
December 16, 2002 "What is title insurance?" Title insurance is protection against loss arising from problems connected to the title to your property. Before you purchased your home, it may have gone through several ownership changes, and ... more... What Mortgage Market Niche Are You In? October 19, 2002 "I recently found what appeared to be the best deal on a 30-year fixed-rate mortgage from ads in the newspaper, but when I told the loan officer exactly what I needed, the price rose and the amount I could ... more... |
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home owner property condo inspection purchase lender related definitions |
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Owner Occupied Property
Owner Occupied Property A borrower uses the property as a primary residence. An Owner Occupied loan is secured by property, typically with the borrower renting and occupying the space. If more than one unit, the lease payments may directly support principal and interest ... more... Second Home, Vacation Home Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more... |
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More about home owner property condo inspection purchase lender
Homes, To B(uy) or Not to B(uy) Should You Buy a House or a Condo? Home Loans Would You Buy a Home Without an Inspection? Buy a Home With a Government Grant? Avoid this Scam Home Equity Loan Beware of the lingering lien! Home Equity Line of Credit Loans Home Equity Loans Research Your Lender Carefully Home Equity Loan Home Theater Adds Fun and Value Real Estate Clubs Hot Among Investors The Top 5 Reasons to Buy a Home
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