There are a lot of different words floating around throughout a real estate transaction, and this jargon can get downright confusing at times. One word that you have likely heard bounced around between real estate agents, escrow or title companies, mortgage companies or lenders, and others is a mortgage promissory note. So what is this?
A [...]
Posts Tagged ‘repayment’
What Is a Mortgage Promissory Note?
January 12th, 2011 by Financial Writer
Tags: au, bank, finance, financial, interest rate, lender, lenders, loan, mortgage, mortgage companies, rate, real estate, repayment, transaction, us
more...Why Are Mortgage Notes Useful?
January 1st, 2011 by Financial Writer
Mortgage notes are not a new form of financing, and have been very popular over the last decade in helping people to sell and buy property. They allow a buyer and a seller to come to an agreement where finances are concerned and where both parties can be happy with the arrangement. A seller will [...]
Tags: Debt, finance, finances, financial, foreclosure, interest rate, mortgage, rate, repayment, us
What Are Seller Financed Notes?
December 20th, 2010 by Financial Writer
Seller financed notes are a loan that is provided by the seller of a property where no money has been loaned to the buyer. Also called vendor/owner finance or owner carry back, this is a good way for both the owner of the property to sell and also for a buyer to get into the [...]
Tags: bank, finance, loan, money, repayment, us
Always The Best Deal On Home Mortgage Rates
November 25th, 2010 by Financial Writer
Home mortgage interest rates, which will be available depends on how good your credit score and history. If you have a good credit score, you have several options to choose from. First, you must decide which type of mortgage is best for you.
The various types of loans other than traditional “fixed rate” [...]
Tags: business, customers, economy, finance, finances, increase, interest rate, interest rates, lender, lenders, loan, loans, money, mortgage, mortgage rates, mortgages, rate, real estate, recession, repayment, us
GAO: U.S. Unlikely to Get AIG Money Back
September 22nd, 2009 by Financial Writer
Despite some progress, congressional investigators say it’s still too soon to judge whether efforts by American International Group Inc. to restructure its operations and pay back the government will prove successful.
The government has provided $182.3 billion to the insurance giant. The Government Accountability Office says that as of early September, AIG’s outstanding balance of aid [...]
Tags: accountability, company, government, repayment