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Real Estate Investment Orlando
Free Classifieds and Advertising for Individuals and Businesses at www.KeepSane.com
If you would like to invest in real estate you have come to the right place. Our company, Easy Property Solutions LLC buys foreclosure homes in Hampton Roads, Virginia at deep discounts. We buy properties at 50-75% of their market value. If you have money to invest on a short to mid-term basis, you can and will make double digit gains on your investment. We are looking for investors to put up cash for the homes we purchase. We create a note for the money, and secure it buy a Deed of Trust (lien) on the property. We hold properties from anywhere from 1-6 months. Please call Shaun O'Toole at 757-724-1428 for more info. Real Estate Solutions for Real Estate Investment Orlando and beyond!
Real Estate Investment Orlando
Real Estate Terms of the Day for Real Estate Investment Orlando
REMAINDER ESTATE
A future interest in real estate created at the same time and by the same instrument as another estate, and limited to arise immediately upon the termination of the prior estate.
APPURTENANT
Belonging to; adjunct; appended or annexed.
PERCENTAGE LEASE
A lease whose rental is based on a percentage of the monthly or annual gross sales made on the premises.
CAPS (PAYMENT)
Consumer safeguards which limit the amount monthly payments on an adjustable-rate mortgage may change. Since they do not limit the amount of interest the lender is earning, these consumer safeguards may cause negative amortization.
DEDICATION
The application of privately owned land to the public for no consideration, with the intent that the land will be accepted and used for public purposes.
ANY CASH RECEIVED WHEN YOU GET A NEW LOAN THAT IS LARGER THAN THE REMAINING BALANCE OF YOUR CURRENT MORTGAGE, BASED UPON THE EQUITY YOU HAVE ALREADY BUILT UP IN THE HOUSE.THE CASH OUT AMOUNT IS CALCULATED BY SUBTRACTING THE SUM OF THE OLD LOAN AND FEES FR
For example, if your existing loan is $100,000, you might refinance it with a loan of $120,000. After you pay off your current loan ($100,000) and any loan-origination costs for the new loan (for example $2,000 in points), you would be left with $18,000 cash out.
BOOT
Money or other property given to make up any difference in value or equity between two exchanged properties.
LOAN APPLICATION
An initial statement of personal and financial information required to apply for a loan.
LOSS PAYEE
The person designated on an insurance policy to be paid in case the insured property is damaged or destroyed.
APPURTENANT
Belonging to; adjunct; appended or annexed.
POWER OF SALE
A clause written into a mortgage authorizing the mortgagee to sell the property in the event of default.
GIFT TAX
A graduated federal tax paid by a donor upon making a gift.
APPURTENANT
Belonging to; adjunct; appended or annexed.
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