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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 I have a buyer for your property and I can sell it now! Check The Appraisal Carefully To Avoid Being A Fraud Victim How to Buy a Home When Your in Your Twenties 6 REASONS for Investing in Florida Real Estate Investment Property NOW The Ultimate Short Sale Secret A Singles Game of Real Estate Real Estate for Beginners: Residential Property Taxes How Appraisals and Assessments Differ Mortgage Glossary - A Glossary of Mortgage Terms You Should Know List Your Property Correctly & Make More Money!
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