Real estate blog entries tagged with escrow by Melissa Kiser, a next generation Realtor (Star Real Estate)

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Home : Blogs : Melissa Kiser, a next generation Realtor : Melissa's Blog : Tag "escrow"

escrow: Talking Points (vol.3) - 05/31/08 01:12 PM

Housing Market Conditions Favor Homebuyers
Home price affordability has improved dramatically...53.8% of all new and existing homes sold during the first 3 months of 2008 were affordable to families earning the median household income of $61,500. Three factors combined to substantially increase housing affordability: mortgage rates returning to near record low levels of a few years ago, a $2,500 rise in family income nationwide and lower house prices.
--Sandy Dunn, CNNMoney.com, May 21, 2008
There are many reasons for people to get into the housing market today, and very few reasons not to. With the plentiful supply of homes for … (1 comments)

escrow: A tad of terminology - 02/01/08 09:49 AM

Acceptance: The date when both parties, seller and buyer, have agreed to and completed signing and/or initialing the contract.
Adjustable Rate Mortgage: A mortgage that permits the lender to adjust the mortgage's interest rate periodically on the basis of changes in a specified index. Interest rates may move up or down, as market conditions change.
Amortized Loan: A loan, which is paid in equal installments during its term.
A.P.R. (Annual Percentage Rate): A term used in the Truth in Lending Act. It represents the relationship of the total finance charge (interest, discount points, origination fees, loan broker, commission, etc.) to … (0 comments)

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Melissa Kiser, a next generation Realtor

Huntington Beach, CA

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Star Real Estate

Address: Huntington Beach, CA, 92648

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