Tag Archives: Home Buyer

Real Estate Education

Subprime Meltdown  A financial crisis that arose in the mortgage market after a sharp increase in mortgage foreclosures, mainly subprime, collapsed numerous mortgage lenders and hedge funds. The meltdown spilled over into the global credit market as risk premiums increased rapidly and capital liquidity was reduced. … Continue reading

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Houses For Sale

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To the finest in the USA

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Awesome Townhouse Video

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Real Estate Tip

(New!) 5 Reasons for a Mortgage Refinance Other Than Lowering Your Payment There’s more to a mortgage refinance than lowering your monthly payments. Read Visit houselogic.com for more articles like this. Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

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Gorgeous Home!

Located in Mount Laurel NJ and listed for $319,900

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Make A Note To Change Your Clocks-November 7th

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Real Estate Education

Grace Period  What Does Grace Period Mean? A provision in most loan and Insurance contracts which allows payment to be received for a certain period of time after the actual due date. During this period no late fees will be charged, and the late payment … Continue reading

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Real Estate Education

Recording Fee  What Does Recording Fee Mean? The fee a government charges for reporting a real estate purchase or sale into the public record. The Deed is a document that is made public record. The fee charged to the Buyer … Continue reading

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Real Estate Education

Prepayment Penalty  What Does Prepayment Penalty Mean? A clause in a mortgage contract that says if the mortgage is prepaid within a certain time period, a penalty will be assessed. The penalty is usually based on percentage of the remaining … Continue reading

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