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In real estate, creative financing is non-traditional or uncommon means of buying land or property. The goal of creative financing is generally to purchase, or finance a property, with the buyer/ investor using as little of his own money as possible, otherwise known as leveraging. Using these techniques an investor may be able to purchase ...
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
Eminent domain[ a] (also known as land acquisition, [ b] compulsory purchase, [ c] resumption, [ d] resumption / compulsory acquisition, [ e] or expropriation[ f]) is the power to take private property for public use. It does not include the power to take and transfer ownership of private property from one property owner to another private ...
A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but ...
It's no wonder -- the number of short sales on the market has exploded in recent months, as more and more homeowners turn to short sales as a means of.
A short sale can offer much-needed financial relief, but negatively affects your credit history and ability to buy another home in the near future. A short sale occurs when you sell your home for ...
[44] [45] A common simplified definition of a republic is a government where the head of state is not a monarch. [46] [47] Montesquieu included both democracies, where all the people have a share in rule, and aristocracies or oligarchies, where only some of the people rule, as republican forms of government. [48] These categories are not exclusive.
Yes, you may qualify for a mortgage after a short sale, depending on the loan program you select. FHA loans are worth considering for credit-challenged borrowers once the three-year waiting period ...