Recent Real Estate Headlines
Q: Should I Consider a B, C, or D Paper Loan If I Have Bad Credit?

A: B, C, and D paper loans are types of sub-prime loans. There was a time when they were hard to find. Then when the housing market took off, so did the number of lenders offering them. Not so today. High default rates...

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Word of the Day

Due-on-sale. Clause in a note or mortgage giving the lender the right to call the entire loan bal...

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People apply for a credit card for many different reasons. Some are new to the world of credit and just getting started, while others are hoping to expand their access to credit. Regardless of the reason, no one applies for a card hoping their applicat...

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A: If you borrow at or below the conventional loan limit for non-government mortgages, you have what is known as a "conforming" loan. If the amount surpasses the loan limit that is set by both Fannie Mae and ...

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Installment payment. Periodic payment, usually monthly, of interest and principal on a mortgage or other loan.

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A: A mechanic’s lien is a “hold” against your property that provides contractors and suppliers legal recourse to assure payment for services. The liens vary from state to state and allow for a cloud o...

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Summertime is the perfect time to enjoy a trip to the amusement park. But it's a bad time for the rollercoaster ride consumers may be subject to as they close in on their new home purchase.

According to a recent notice from Story

Graduated payment mortgage. Mortgage loan for which the initial payments are low but increase over the life of the loan.

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A: There are many, including those surrounding zoning, permits, variances, and building codes. All of these regulations are the government’s way of controlling the physical development of land and public-safety standards for such things as buildi...

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Jury nullification is a legal phenomenon in which jurors choose to acquit a defendant despite the facts and law presented to them supporting conviction. The practice is often cited as a boon for juries who wish to free sympathetic defendants and block ...

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