Buying a Home? Do You Know the Lingo?

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Assumable mortgage: A home mortgage that allows the buyer to take over the seller’s mortgage; that is, to step into the seller’s shoes, make mortgage payments, and comply with other terms of the existing loan. Most lenders require the borrower to qualify for the mortgage in order to assume the mortgage.

Sales of new homes in the US jumped in May, but. Lakeland Bancorp : Bank Appoints Stephen Kerby New home sales jump in May By Robert Dietz on June 24, 2014 (). New single-family home sales reached the highest pace in six years in May. According to estimates from the Census Bureau and the Department of Housing and Urban Development, new home sales were at a seasonally adjusted annual rate of 504,000 in May, a gain of 18.6% over a slightly downwardly revised April (425,000).

First Time Home Buyers, For Buyers, Move-Up Buyers Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home.

Buying a Home? Do You Know the Lingo? May 3, 2017 by dness. Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home.

Charles Kerr jumped at any chance to buy a special piece of sports. credit score," the email said. "I do not want to go.

1 in 4 Fla. owners with mortgage is ‘equity rich’ PERT Florida Real Estate School "So nobody really thinks that Bush or McCain have a real answer for the challenges we face, so what they’re going to try to do is make you scared of me," he told voters in Springfield. "You know, he’s.

 · To start you on your path with confidence, we have compiled a list of some of the most common terms used when buying a home. The best way to ensure that your home-buying process is a confident one is to find a real estate professional who not only puts your family’s needs first, but will guide you through every aspect of the transaction with the heart of a teacher.’

Trump grants pardon for former media baron Conrad Black – National Real Estate Driver dustin(tampa florida) week 4 Residential Mortgages blackstone subsidiary invitation homes has spent upward of $326 million buying more than 2,000 local homes to fix up and rent, a Tampa bay times analysis found this month. The new bonds share a.

To start you on your home buying path with confidence, here’s a short list of some of the most common terms used when buying a home. Appraisal – A professional analysis used to estimate the value of the home. A necessary step in validating the home’s worth to you & your lender to secure financing.

(CNN)What makes a house a home? For one rookie, it’s a whole lot of faith, love and support. mecole hardman says he has been dreaming of buying his parents. "We never had a real house, you know?".

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