What Is The Tax Benefits Of Buying A Home?

Florida is for many people one of the most desired places for a vacation and for good reasons. The state of Florida holds attractions that are unique in the country. The climate makes for ...

When you take a look at the small city of Pasadena, MD you will see a very tight-knit community. With a population of around 31,000 residents, this census-designated town confuses the radar ...

In 2020, our financial lives revolve around our credit scores. Want to buy a car? Better have good credit! Want to lease a house? Good credit is a must. Applying for a new credit card? ...

If you want to live in an energetic and vibrant city, then St. Petersburg, FL might just be the place for you. There are many amazing things to do in the Sunshine City, not the least ...

The perks and benefits of living in a world-famous tourist destination are unlimited, and many find it to be the ultimate lifestyle in terms of quality, luxury, and amenities. Miami is ...

It’s not hard to figure out why a property has a high market value, especially if you have the qualities of a real estate investor. But what happens to the properties that sell for ...

Maryland is one of the US states with really low poverty rates, densely populated, and high standards of living. Being close to the capital of the US and having a prosperous economy is ...

If I want to buy a house and I know the property and the seller already has an agent, can I act as my own agent and negotiate a lower fee? You probably don't have the correct knowledge to ...

A payment made by the borrower over and above the scheduled mortgage payment. If the additional payment pays off the entire balance it is a prepayment in full; otherwise, it is a partial ...

A very large increase in the payment on an ARM that may surprise the borrower. The term is also used to refer to a large difference between the rent being paid by a first-time home buyer ...

A lender that holds the loans it originates in its portfolio rather than selling them. ...

Protection for a borrower against the danger that rates will rise between the time the borrower applies for a loan and the time the loan closes. Rate protection can take the form of a ...

The monthly mortgage payment which, if maintained unchanged through the remaining life of the loan at the then-existing interest rate, will pay off the loan at term. ...

The most recently published value of the index used to adjust the interest rate on an indexed ARM. ...

The definition of a reverse mortgage is important for homeowners 62 and older who want to supplement their retirement income. What exactly is a reverse mortgage? Some say that it is the ...

Acceleration Clause is a contractual provision inserted in a mortgage, a bond, a deed of trust or other credit vehicles, that gives the lender the right to demand repayment of the ...