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| Mortgage Professor about buying a new home: | |||||||||||||||||||||||
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When Co-Borrowers Split
July 19, 2000 "I am going through a divorce, and have agreed to stay on the mortgage for 3 years. At the end of that time, my ex-wife can refinance the house in her name. How much will this impact my buying a new home during the 3 years?" The loan will show ... more... Is FHA Responsible For the Leaky Roof? March 19, 2001 "We just purchased a home with an FHA loan and the seller did not disclose many problems?The roof leaks, the toilet is falling through the floor?FHA inspected the house before we moved in, and they will get the house if we default and move out? We thought ... more... |
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buying a new home related definitions |
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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 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 buying a new home Do You Really Want to Own an H2 Hummer? (Luxury/Exotic Car Buying Guide for Beginners) Home Equity Loans: A Useful Financial Tool Home Buyers Your Price, Not the Listing Price Eight Steps To A Great Marketing Plan Crossing the Gap from this Home to the Next: Bridge Loan Refinancing With Cash Out Secrets of Making Money from Real Estate - Part 4 Tips for Buying a New Home Why Do Realtors Advertise Your Home in Print,on the Radio, on Television, etc.? Rates May Be Rising: Mortgage And Refinancing Preparation Made Simple For You
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