I Persona

An income feature added to a mortgage whereby the mortgagee earns income in addition to the mortgage interest and principal payments. Also called an equity kicker, a kicker allows the ...

Ambiguous contractual language that may result in an unsuspecting buyer of a real property incurring obligations or risks not clearly evident. ...

Right of property owner to have his or her property used in satisfying a loan. Written contract of court judgment placing a lien on a parcel of property as collateral for a loan. An ...

Summary of a judicial decision in a legal case. ...

Loan such as a mortgage that the borrower has consistently made payments on when due over many years. The borrower has proven his creditor worthiness. ...

Occurring two times per year; also called semiannual. On the other hand, biennial means occurring each two years. ...

Used to support two properties; it is attached to both. ...

Agreement in which the promises of the parties are revealed in words, either orally or in writing. ...

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? ...

Hidden away deep in the majestic Smoky Mountain range, there is a charming little town, nestled in a valley with tall mountains surrounding it on every side. Regal houses and cozy cabins ...

Fort Mill is a town located in the state of South Carolina as a suburb of the city of Charlotte. Right around the border of South to North Carolina, this city is also known as Fort Mill ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any costs incurred in selling the home. If ...

Satellite Beach is a small, quaint town located in Brevard County, that fronts the Atlantic Ocean, creating one of the most beautiful coastlines in Florida. With a total area of 4.3 square ...

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There’s really no easy and quick answer to “how much money can I borrow to buy a home?” It will all depend on the overall financial health of the area in question, the ...

Having the opportunity to live in a small but vibrant city is probably one of the things that most people strive for. Firstly, you get away from the crowded metropolitan areas and the ...