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Abbeville Beaufort Chesterfield Edgefield Hampton Lee Oconee Sumter
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Barnwell Chester Dorchester Greenwood Laurens Newberry Spartanburg
Today's Mortgage Terms starting with B

Bankruptcy:

A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.

Bearer:

The legal owner of a property.

Bill of Sale:

A document that details the transfer of property.

Biweekly Mortgage:

A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.

Blanket Mortgage:

A mortgage that includes more than one piece of real estate

Borrower (Mortgager):

An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.

Broker:

An individual who gets buyers and sellers together and helps in negotiating contracts for a client.

Buy-Down Mortgage:

A mortgage loan with a lower than market rate for a determined period of time.

Buyer’s Market:

Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.

View all Terms
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South Carolina home mortgage loan, news and quotes from South Carolina lenders

Foreclosure sought against Paramount Beach condo site - Birmingham Business Journal
The beachfront site planned for the Paramount Beach condo in Sunny Isles Beach could become a tropical repossession for iStar FM Loans, which filed a foreclosure lawsuit against the developer a few days before Christmas. The site plan called for a 47 ...

SCDCA issues consumer "commandments" - WIS-TV
COLUMBIA, SC (WIS) - The South Carolina Department of Consumer Affairs (SCDCA) would like to see consumers adopt some good consumer practices for 2009. By keeping these tips in mind, the SCDCA says South Carolinians should have fewer hassles and ...

What is the single biggest issue facing women in 2009? - Atlanta Journal Constitution
The single biggest issue facing women in 2009? Probably the same issue that most concerned women in 1929—ain’t nostalgia grand? This time around, our plummeting economy has affected a working world filled with women as well as men, and there wasn ...

BUYINS.NET: (AF) SqueezeTrigger Price is $16.514. There is $109,625 ... - TradingMarkets.com
From January 2005 to December 2008, an aggregate amount of 227665935 shares of AF have been shorted for a total dollar value of $3,642,654,960.00. The AF SqueezeTrigger price of $16.514 is the volume weighted average price that all shorts are short ...

Real Estate Transactions - Charleston Post & Courier
The transactions listed below include properties sold for $200,000 or more and recorded Nov. 10-14. McAlister Togant Kiawah LLC sold 6005 Green Dolphin Way, The Maritime at Kiawah to Robert A. and Bette T. Kennedy for $2.4 million. Mount Pleasant ...

Depression: a nation in pain - Greensboro News & Record
On Dec 15, 1935 , a High Point  woman wrote President Franklin D. Roosevelt  about her underwear. She didn’t have any. Neither did anyone in her family. “Please give my children and myself some underclothes or we will freeze to death (in) this ...

Three's Company: Shopping Centers Share Pain - Tampa Bay Online
ST. PETERSBURG - BayWalk had oodles of potential when it debuted in 2000, just like its Tampa contemporaries Centro Ybor and Channelside Bay Plaza. But today, with BayWalk mired in foreclosure proceedings, longtime tenants such as Domenic D'Angelo of ...

Viewing all entries for: October 2008 - Economist.com
AND speaking of bad last-minute decisions: you're up, and you have more paths to victory than Paul Simon has breakup techniques . Kerry states plus IA-CO-NM? Safe. Kerry plus OH? Quite possible. Kerry plus VA + IA? Safe enough too. Want to run up the ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Rohm & Haas shareholders: They easily rank as the biggest winners this week. Amid all the dismal news, Dow Chemical offered up this gift to ...

Economy makes top news for 2008 - Carteret County News
MOREHEAD CITY — Carteret may be a coastal county, but for another year it’s proven it doesn’t need a hurricane to make headline news. Instead of storms, wind turbines, happenings at the N.C. Maritime Museum, plane crashes, condo fires and more ...

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