Las Vegas real estate

Las Vegas Condos and Las Vegas Real Estate : The Condo Company SEARCH FOR LAS VEGAS CONDOS Condo Search All Cities Price From $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $850,000 $900,000 $950,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,250,000 $4,500,000 $4,750,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 Price To $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $850,000 $900,000 $950,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,250,000 $4,500,000 $4,750,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 $99,000,000 SEARCH BY CITY The Strip Summerlin Downtown Henderson Lake Las Vegas Southern Highlands Anthem The Lakes Queensridge Peccole Ranch SITE MENU :· Featured Condos :· Pre Construction :· Sellers Advantage :· Advanced Search :· Terms of Use :· Contact :· Agent Log In :· Vacation Rentals :· Home LUXURY LAS VEGAS CONDO EXPERTS Not much can be said about the famed Las Vegas that has not already been covered in a multitude of movies, television shows, books, legend and lore. This celebrated city in the desert that was conceived by a well “connected” visionary has grown into one of the greatest destinations on the planet. Known as sin city, Las Vegas is the place to live out fantasies, catch a show, do some shopping and, of course, gamble. The latest venture that is sweeping the Las Vegas real estate market is the condo boom. Famed developers are now focusing their efforts on the still untapped Las Vegas condo market. Casinos such as the Hard Rock and Palms are focusing their creative energies into Las Vegas condos, and as Vegas real estate continues to climb, the value of the luxury condos will also grow. Following the business model that was so successful in South Florida, developers such as Turnberry and The Related Group are constructing opulent condos that rival the magnificent hotels for which Las Vegas is primarily known. These condos will have full spa services, concierges, magnificent gyms, rooftop pools, fabulous common area, restaurants, and much more. The excitement surrounding these new ventures is so great that celebrities from neighboring Los Angeles are getting into the game. With stars like Brad Pitt, George Clooney, Drew Carey, Leonardo DiCaprio, and Claudia Schiffer having already made investments in Las Vegas real estate, odds are good that many others will follow suit. And as the stars come, so will the enthusiasm that follows. This enthusiasm will certainly ensure that Las Vegas condos are a strong play for the savvy investor. Las Vegas Resources Las Vegas Real Estate & Condo News Appraising Las Vegas Homes: New Real Estate Value Search System (PR Web) Search appraisal market values for homes, townhomes and condos through a first of its kind automated Las Vegas real estate fair market value database. [PRWEB Dec 21, 2005] Appraising Las Vegas Homes: New Real Estate Value Search System (PR Web via Yahoo! News) Las Vegas, NV (PRWEB) December 21, 2005 -- A new searchable automated appraisal real estate market database has been created for consumers wishing to receive an instant market value for their Las Vegas Homes . This first of its kind system allows Las Vegas homeowners to input information about their home in to this appraisal database to retrieve their homes present fair market value in Las Vegas Las Vegas Poker Players 'Place Their Bets' on Las Vegas High Rise Condominiums (PR Web) Las Vegas has long been a popular gaming destination. The explosion of both online and traditional poker over the last several years has only served to increase the popularity of poker, particularly Texas Hold’em Poker, in Las Vegas. Las Vegas casinos are quickly moving to expand their poker facilities to accommodate the growing demand. As a result, many savvy professional poker players are The Condo Craze In Las Vegas May Be Cooling Off (KLAS) The condo craze in Las Vegas may be in a cooling down period. The advertising blitz for hi-end condos is aggressive. But some projects, like the well publicized "Ivana Trump Las Vegas" are failing to just break ground. Turnberry keeps rolling in Las Vegas (BizJournals) LAS VEGAS - Turnberry Associates began by turning a swamp into Aventura, but now it's negotiating to up the ante in Las Vegas and poking around Hawaii. Advertise

home mortgage loans and

Bad Credit Mortgage Refinance,Bad Credit Home Loans,California Mortgages-Home Equity Loans! BadCredit Mortgage Refinance | Bad Credit Home Loans | Mortgage Interest Rates | Debt consolidation home loans | Home Purchase Loans | Site Map Bad Credit Mortgage Refinance Bad Credit Home Loans Refinance Mortgage Interest Rates Debt Consolidation Home Loans Second Mortgage Home Purchase Loans Welcome to the home of Inexpensive loans Bad Credit Home Loans and California Mortgages Since 1992 Refinance Home Loans Alliance Mortgage has provided inexpensive Home loans and Home equity loans, and refinancing solutions for all types of credit histories. Apply now for refinancing a home loan with us and take advantage of our low mortgage interest rates. Reduce your monthly payments today. Home Equity Loans A home equity loan is an excellent source of funds, it can free up your equity in your home, and you can get cash for any purpose. This home loan can be a revolving line of credit, or a fully amortized 15 year loan. We provide competitive home equity loans rates and home equity loans. Home Purchase Loans Choose from hundreds of home loans purchase programs for the first time home buyers. You can purchase with no money down and use very little of your own cash. We provide 100% home mortgage loans and 80/20 home loans with no money down 100% financing with 600 fico scores.You can still buy and use our low fico score loan programs with more down payment.We also provide FHA loans that require 3% down payment even with bad or poor credit history. Bad Credit Home Loans We specializes in bad credit home loans and past bad credit problems with minimum 500 fico scores. Discuss your bad credit history with our loan officers who specialize in bad credit home loans. We provide higher loan to values for bad credit mortgage refinance loans than most lenders will. If you have major credit problems we can still customize a bad credit home loan. If you have bankruptcy, repossessions, charge off's and mortgages late payments Click here Second Mortgages There is no equity required for a new second mortgage loan.We provide 100% Second mortgages and loans. Pay off your bills, consolidate debts, or get cash out for any purpose you need. A simple loan application will start the process today.Minimum 600 fico scores required for second mortgages and 640 fico for stated income. Debt Consolidation Loans You can refinance your mortgage and get a loan which can payoff credit cards or any other higher interest rate debts. Consolidate all your debts into a single monthly payment with a debt consolidation home loan from Alliance Mortgage. Current Mortgage Rates Rate APR Type Points 6.00 6.05 30 fixed 0.00 5.37 5.41 15 fixed 0.00 6.50 6.55 30 jumbo 0.00 Home Loans Assumptions Why Alliance Mortgage Apply Online About Alliance Mortgage Corporate Profile Why Inexpensive loans Advantage of using us What others say Home Loans Center Contact us Home Mortgage programs Home Loans Guarantees Loan Rating Survey Privacy and Security Terms of Use Loan Calculators & Tools Home Mortgage Calculators Debt Market Commentary Our Competitors Rates Free Credit Report Mortgage Resources Home Loan Glossary Bad Credit Resources California Mortgage FAQ Site Map Bad Credit Loan Links Bad Credit Loans and Bad Credit Mortgage Refinance Company 1997- 2005 Alliance Mtg Inc. a Mortgage Brokers California Mortgages, Texas Mortgages All rights reserve,mortgage content, bad credit home loans forms, calculators graphics, logos, slogans cannot be reproduced Bad credit home loans | Home equity loans | Mortgage Interest Rate | Debt consolidation Home Loans

Foreclosure Property

HUD Homes Housing About Housing Contact us Keywords Single Family Audience groups Buying a home Events & training FHA insured loans Common questions Housing counseling HUD homes/ REO Owning a home Reference guide Regulatory programs Hospitals Multifamily OAHP Reading room Online forums Work online HUD news Homes Communities Working with HUD Resources Tools Webcasts Mailing lists Contact us Help HUD Homes Listings Information by State Esta página en español Print version Email this to a friend Related Information HUD's Buying A Home page More information on HUD homes HUD approved lenders Lead hazards Fair housing Settlement costs Listings from other agencies HUD sells properties at reduced prices that you might want to buy! Read how you can buy a HUD home. Then, check out the listings of HUD homes by clicking on a state in the list below. If you think you want to buy a HUD home, contact a real estate broker in your area who is authorized to sell HUD homes (most are). The broker must submit the bid for you. Alabama Alaska Arizona Arkansas California Northern Southern Colorado Connecticut Delaware District of Columbia Florida Georgia Guam Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana N. Mariana Is Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virgin Islands Virginia Washington West Virginia Wisconsin Wyoming Confused about buying a home? Consult a HUD-approved housing counseling agency . They will be able to help you sort through your options. If you are a real estate broker, the following information is for you: Intro to Selling HUD Homes Real estate brokers selling HUD Homes Management and Marketing contractor list Content updated June 13, 2005 Back to top FOIA Privacy Web Policies and Important Links Home U.S. Department of Housing and Urban Development 451 7th Street S.W., Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455 Find the address of a HUD office near you

purchase property they might

Ginnie Mae: Your Path to Homeownership -- -- Glossary of Terms Select the first letter of the word from the list below to jump to the appropriate section of the glossary. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z - A - abstract of title A historical summary provided by a title insurance company of all records affecting the title to a property. acceleration clause A clause that allows a lender to declare the entire outstanding balance of a loan immediately due and payable should a borrower violate specific loan provisions or default on the loan. adjustable rate mortgage (ARM) A variable or flexible rate mortgage with an interest rate that varies according to the financial index it is based upon. To limit the borrower's risk, the ARM may have a payment or rate cap. See also: cap . amenities Features of your home that fit your preferences and can increase the value of your property. Some examples include the number of bedrooms, bathrooms, or vicinity to public transportation. amortization The liquidation of a debt by regular, usually monthly, installments of principal and interest. An amortization schedule is a table showing the payment amount, interest, principal and unpaid balance for the entire term of the loan. annual cap See: cap . annual percentage rate (A.P.R.) The actual interest rate, taking into account points and other finance charges, for the projected life of a mortgage. Disclosure of APR is required by the Truth-in-Lending Law and allows borrowers to compare the actual costs of different mortgage loans. appraisal An estimate of a property's value as of a given date, determined by a qualified professional appraiser. The value may be based on replacement cost, the sales of comparable properties or the property's income-producing ability. appreciation A property's increase in value due to inflation or economic factors. A.P.R. See: annual percentage rate . ARM See: adjustable rate mortgage . assessment Charges levied against a property for tax purposes or to pay for municipal or association improvements such as curbs, sewers, or grounds maintenance. assignment The transfer of a contract or a right to buy property at given rates and terms from a mortgagee to another person. assumption An agreement between a buyer and a seller, requiring lender approval, where the buyer takes over the payments for a mortgage and accepts the liability. Assuming a loan can be advantageous for a buyer because there are no closing costs and the loan's interest rate may be lower than current market rates. Depending on what is in the mortgage or deed of trust, the lender may raise the interest rate, require the buyer to qualify for the mortgage, or not permit the buyer to assume the loan at all. Go to Top - B - balloon mortgage Mortgage with a final lump sum payment that is greater than preceding payments and pays the loan in full. biweekly mortgage A loan requiring payments of principal and interest at two-week intervals. This type of loan amortizes much faster than monthly payment loans. The payment for a biweekly mortgage is half what a monthly payment would be. bond A certificate serving as security for payment of a debt. Bonds backed by mortgage loans are pooled together and sold in the secondary market . bridge loan A loan to "bridge" the gap between the termination of one mortgage and the beginning of another, such as when a borrower purchases a new home before receiving cash proceeds from the sale of a prior home. Also known as a swing loan. broker An intermediary between the borrower and the lender. The broker may represent several lending sources and charges a fee or commission for services. buy-down A type of mortgage which requires the buyer to pay additional discount points or make a substantial down payment in return for a below market interest rate. Another form of a buy-down is one in which the seller offers 3-2-1 interest payment plans or pays closing costs such as the origination fee. During times of high interest rates buy-downs may induce buyers to purchase property they might otherwise not have purchased. Go to Top - C - cap A limit in how much an adjustable rate mortgage's monthly payment or interest rate can increase. A cap is meant to protect the borrower from large increases and may be a payment cap, an interest cap, a life-of-loan cap or an annual cap. A payment cap is a limit on the monthly payment. An interest cap is a limit on the amount of the interest rate. A life-of-loan cap restricts the amount the interest rate can increase over the entire term of the loan. An annual cap limits the amount the interest rate can increase over a twelve-month period. certificate of reasonable value (CRV) A Veterans Administration appraisal that establishes the maximum VA mortgage loan amount for a specified property. certificate of title A document rendering an opinion on the status of a property's title based on public records. closed-end mortgage A mortgage principal amount that is fixed and cannot be increased during the life of the loan. See also: open-end mortgage . closing costs Costs payable by both seller and buyer at the time of settlement, when the purchase of a property is finalized. These costs can be up to ten percent of the mortgage amount and usually include but are not limited to the following: Fees Paid to the Lender Fees Paid in Advance Other Charges O rigination fee D iscount points C redit report fee A ppraisal fee A ssumption fee if loan is assumed I nterest from the closing date to the beginning of the 1st payment H azard insurance premium M ortgage insurance premium T itle search and title insurance S ales commissions L egal and recording fees I nspection and survey fees P roperty taxes and other adjustments P rocessing and document preparation fees cloud A claim to the title of a property that, if valid, would prevent a purchaser from obtaining a clear title. collateral Something of value pledged as security for a loan. In mortgage lending the property itself serves as collateral for a mortgage loan. commitment fee A fee charged when a) an agreement is reached between a lender and a borrower for a loan at a specific rate and points and b) the lender guarantees to lock in that rate. co-mortgagor One who is individually and jointly obligated to repay a mortgage loan and shares ownership of the property with one or more borrowers. See also: co-signer . condominium An individually owned unit within a multi-unit building where others or the Condominium Owners Association share ownership of common areas such as grounds, parking facilities and tennis courts. conforming loan A loan that conforms to Federal National Mortgage Association (FNMA) or Federal Home Loan Mortgage Corporation (FHLMC) guidelines. See also: non-conforming loan . construction loan A short-term loan financing improvements to real estate, such as the building of a new home. The lender advances funds to the borrower as needed while construction progresses. Upon completion of the construction the borrower must obtain permanent financing or repay the construction loan in full. consumer handbook on adjustable rate mortgages (C.H.A.R.M.) A disclosure required by the federal government to be given to any borrower applying for an adjustable rate mortgage (ARM). conventional loan A mortgage loan that is not insured, guaranteed or funded by the Veterans Administration (VA), the Federal Housing Administration (FHA) or Rural Economic Community Development (RECD) (formerly Farmers Home Administration). convertible mortgage An adjustable rate mortgage (ARM) that allows a borrower to switch to a fixed-rate mortgage at a specified point in the loan term. co-signer A person who is obligated to repay a mortgage loan should the borrower default but who does not share ownership in the property. See also: co-mortgagor . covenants Rules and restrictions governing the use of property. CRV See: certificate of reasonable value . curtailments The borrower's privilege to make payments on a loan's principal before they are due. Paying off a mortgage before it is due may incur a penalty if so specified in the mortgage's prepayment clause. Go to Top - D - debt Money owed to repay someone. debt-to-income ratio The ratio between a borrower's monthly payment obligations divided by his or her net effective income (FHA or VA loans) or gross monthly income (conventional loans). deed The legal document that transfers the ownership of real property from one party to another. deed of trust A document, used in many states in place of a mortgage , held by a trustee pending repayment of the loan. The advantage of a deed of trust is that the trustee does not have to go to court to proceed with foreclosure should the borrower default on the loan. Department of Housing and Urban Development (HUD) The U.S. government agency that administers FHA, GNMA and other housing programs. discount points A percentage of the loan amount paid to the lender to buy down the interest rate. Each point is one percent of the loan amount; for example, two points on a $100,000 mortgage is $2,000. down payment The difference between the purchase price and mortgage amount. The down payment becomes the property equity. Typically it comes from cash savings, but it can also be a gift that is not to be repaid or a borrowed amount secured by assets. due-on-sale A clause in a mortgage or deed of trust allowing a lender to require immediate payment of the balance of the loan if the property is sold (subject to the terms of the security instrument). duplex A dwelling divided into two units. Go to Top - E - earnest money A deposit in the form of cash or a note given to a seller by a buyer as good faith assurance that the buyer intends to go through with the purchase of a property. easement The right one party has in regard to the property of another, such as the right of a public utility company to lay lines. Equal Credit Opportunity Act A federal law prohibiting lenders and other creditors from discrimination based on race, color, sex, religion, national origin, age, marital status, receipt of public assistance or because an applicant has exercised his or her rights under the Consumer Credit Protection Act. equity The value of a property beyond any liens against it. Also referred to as owner's interest. escape clause A provision allowing one party or more to cancel all or part of the contract if certain events fail to happen, such as the ability of the buyer to obtain financing within a specified period. escrow Money placed with a third party for safekeeping either for final closing on a property or for payment of taxes and insurance throughout the year. Go to Top - F - fair market value The price a property can realistically sell for, based upon comparable selling prices of other properties in the same area. Fannie Mae Nickname for Federal National Mortgage Association (FNMA) . Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac) A quasi-governmental, federally-sponsored organization that acts as a secondary market investor to buy and sell mortgage loans. FHLMC sets many of the guidelines for conventional mortgage loans, as does FNMA. Federal Housing Administration (FHA) An agency within the Department of Housing and Urban Development that sets underwriting standards and insures residential mortgage loans made by private lenders. One of FHA's objectives is to help make affordable mortgages available to homeowners with low or moderate income. FHA loans may be high loan-to-value, and they are limited by loan amount. FHA mortgage insurance requires a fee of 1.5 percent of the loan amount to be paid at closing, as well as an annual fee of 0.5 percent of the loan amount added to each monthly payment. Federal National Mortgage Association (FNMA or Fannie Mae) A private corporation that acts as a secondary market investor to buy and sell mortgage loans. FNMA sets many of the guidelines for conventional mortgage loans, as does FHLMC. The major purpose of this organization is to make mortgage money more affordable and more available. fee simple The maximum form of ownership, with the right to occupy a property and sell it to a buyer at any time. Upon the death of the owner, the property goes to the owner's designated heirs. Also known as fee absolute . FHA See: Federal Housing Administration . fifteen-year mortgage A loan with a term of 15 years. Although the monthly payment on a 15-year mortgage is higher than that of a 30-year mortgage, the amount of interest paid over the life of the loan is substantially less. fixed-rate mortgage A mortgage whose rate remains constant throughout the life of the mortgage. flood insurance A form of insurance that protects the owner of the insured property against losses stemming from flood damage. The Federal Flood Disaster Protection Act of 1973 requires that federally-regulated lenders determine if real estate to be used to secure a loan is located in a Specially Flood Hazard Area (SFHA). If the property is located in a SFHA area, the borrower must obtain and maintain flood insurance on the property. Most insurance agents can assist in obtaining flood insurance. FNMA See: Federal National Mortgage Association . Freddie Mac Nickname for Federal Home Loan Mortgage Corporation (FHLMC) . Go to Top - G - gift A sum of money, including amounts from a relative or a grant from the borrower's employer, a municipality, non-profit religious organization, or non-profit community organization that does not have to be repaid. Ginnie Mae Nickname for Government National Mortgage Association (GNMA) . good faith estimate The estimate on closing costs and monthly mortgage payments provided by a lender to the homebuyer within 3 days of applying for a loan. Government National Mortgage Association (GNMA or Ginnie Mae) A government organization that participates in the secondary market , securitizing pools of FHA, VA, and RHS loans. graduated payment mortgage (GPM) A fixed-interest loan with lower payments in the early years than in the later years. The amount of the payment gradually increases over a period of time and then levels off at a payment sufficient to pay off the loan over the remaining amortization period. Go to Top - H - hazard insurance A form of insurance that protects the owner of the insured property against losses from physical damage such as fire and tornadoes. Mortgage lenders often require a borrower to maintain an amount of hazard insurance on the property that is equal at least to the amount of the mortgage loan. home equity loan A mortgage on the borrower's principal residence, usually for the purpose of making home improvements or debt consolidation. home inspection A thorough review of the physical aspects and condition of a home by a professional home inspector. This inspection should be completed prior to closing so that any repairs or changes can be completed before the transfer of the home is completed. homeowners insurance A form of insurance that protects the owner of the insured property against loss from theft, liability and most common disasters. Housing and Urban Development (HUD) The U.S. government agency that administers FHA, GNMA and other housing programs. housing affordability index An index that indicates what proportion of homebuyers can afford to buy an average-priced home in specified areas. The most well known housing affordability index is published by the National Association of Realtors. housing expenses-to-income ratio See: debt-to-income ratio . HUD See: Housing and Urban Development . Go to Top - I - income approach to value A method used by real estate appraisers to predict a property's anticipated future income. Income property includes shopping centers, hotels, motels, restaurants, apartment buildings, office space, etc. income-to-debt ratio See: debt-to-income ratio . index A published interest rate compiled from other indicators such as U.S. Treasury bills or the monthly average interest rate on loans closed by savings and loan organizations. Mortgage lenders use the index figure to establish rates on adjustable rate mortgages (ARMs). insurance As a part of PITI, the amount of the monthly mortgage payment that does not include the principal, interest, and taxes. Also see: homeowners insurance . interest The amount of the entire mortgage loan which does not include the principal. Also, as a part of PITI, the amount of the monthly mortgage payment which does not include the principal, taxes, and insurance. interest cap See: cap interest rate The simple interest rate, stated as a percentage, charged by a lender on the principal amount of borrowed money. See also: Annual Percentage Rate . Go to Top - J - joint tenancy See: tenancy . jumbo loan A nonconforming loan that is larger than the limits set by the Federal National Mortgage Association (FNMA) or Federal Home Loan Mortgage Corporation (FHLMC) guidelines. Go to Top - K - key lot Real estate deemed highly valuable because of its location. Go to Top - L - lien A claim against a property for the payment of a debt. A mortgage is a lien; other types of liens a property might have include a tax lien for overdue taxes or a mechanic's lien for unpaid debt to a subcontractor. life-of-loan cap See: cap . liquidity The ease with which an asset can be converted into cash. loan discount See: points . loan origination fee See: origination fee . loan-to-value ratio (LTV) The relationship, expressed as a percentage, between the amount of the proposed loan and a property's appraised value. For example, a $75,000 loan on a property appraised at $100,000 is a 75% loan-to-value ratio. lock-in The guaranty of a specific interest rate and/or points for a specific period of time. Some lenders will charge a fee for locking in an interest rate. Go to Top - M - maintenance costs The cost of the upkeep of the house. These costs may be minor in cost and nature (replacing washers in the faucets) or major in cost and nature (new heating system or a new roof) and can apply to either the interior or exterior of the house. margin The amount a lender adds to the index of an adjustable rate mortgage to establish an adjusted interest rate. For example, a margin of 1.50 added to a 7 percent index establishes an adjusted interest rate of 8.50 percent. market value The price a property can realistically sell for, based upon comparable selling prices of other properties in the same geographical area. modification A change in the terms of the mortgage note, such as a reduction in the interest rate or a change in maturity date. mortgage A legal instrument in which property serves as security for the repayment of a loan. In some states, a deed of trust is used rather than a mortgage. mortgage banker A lender that originates, closes, services and sells mortgage loans to the secondary market . mortgage broker An intermediary between a borrower and a lender. A mortgage broker's expertise lies in helping borrowers find financing that they might not otherwise find themselves. mortgage insurance Money paid to insure the lender against loss due to foreclosure or loan default. Mortgage insurance is required on conventional loans with less than a 20 percent down payment. FHA mortgage insurance requires a payment of 1.5 percent of the loan amount to be paid at closing, as well as an annual fee of 0.5 percent of the loan amount added to each monthly payment. mortgage interest The interest rate charge for borrowing the money for the mortgage. It is used to calculate the interest payment on the mortgage each month. mortgage term The length of time that a mortgage is scheduled to exist. Example: a 30-year mortgage term is for 30 years. mortgagee The lender. mortgagor The borrower. Go to Top - N - negative amortization A situation in which a borrower is paying less interest than what is actually being charged for a mortgage loan. The unpaid interest is added to the loan's principal. The borrower may end up owing more than the original amount of the mortgage. non-assumption clause In a mortgage contract, a statement that prohibits a new buyer from assuming a mortgage loan without the approval of the lender. non-conforming loan A loan that does not conform to Federal National Mortgage Association (FNMA) or Federal Home Loan Mortgage Corporation (FHLMC) guidelines. Jumbo loans are nonconforming. See also: conforming loan . note A signed document that acknowledges a debt and shows the borrower is obligated to pay it. Go to Top - O - open-end mortgage A mortgage allowing the borrower to receive advances of principal from the lender during the life of the loan. See also: closed-end mortgage . origination fee The amount charged by a lender to originate and close a mortgage loan. Origination fees are usually expressed in points . Go to Top - P - payment cap See: cap . P&I Abbreviation for principal and interest. PITI Abbreviation for p rincipal, i nterest, t axes and i nsurance. PITIO Abbreviation for p rincipal, i nterest, t axes, i nsurance and o ther monthly non-housing costs. points Charges levied by the lender based on the loan amount. Each point equals one percent of the loan amount; for example, two points on a $100,000 mortgage equals $2,000. Discount points are used to buy down the interest rate. Points can also include a loan origination fee, which is usually one point. pre-qualification Tentative establishment of a borrower's qualification for a mortgage loan amount of a specific range, based on the borrower's assets, debts, income, employment status and credit history. prime rate The interest rate commercial banks charge their most creditworthy customers. principal The amount of the entire mortgage loan, not counting interest. Also, as a part of PITI, the amount of the monthly mortgage payment which does not include the interest, insurance, and taxes. private mortgage insurance (PMI) See: mortgage insurance . property appraisal See: appraisal . property tax The amount which the state and/or locality assesses as a tax on a piece of property. prorate To proportionally divide amounts owed by the buyer and the seller at closing. Go to Top - Q - qualification As determined by a lender, the ability of the borrower to repay a mortgage loan based on the borrower's credit history, employment status, assets, debts and income. Go to Top - R - rate cap See: cap . RESPA Abbreviation for the Real Estate Settlement Procedures Act. This act allows consumers to review settlement costs at application and once again prior to closing. reverse annuity mortgage A type of mortgage loan in which the lender makes periodic payments to the borrower. The borrower's equity in the home is used as security for the loan. RHCDS Rural Housing and Community Service right of first refusal The right to purchase a property under conditions and terms made by another buyer and accepted by the seller. right of rescission The right to back out of a transaction, given automatically by law to the borrower in a real estate purchase transaction. When a borrower's principal dwelling is going to secure a loan, the borrower has three business days following signing of the loan documents to rescind or cancel the transaction. Any and all money paid by the borrower must be refunded upon rescission. The right to rescind does not apply to loans to purchase real estate or to refinance a loan under the same terms and conditions where no additional funds will be added to the existing loan. rollover The process by which a construction loan becomes a mortgage. At the end of the construction loan period, the borrower's file is delivered to Bank One Mortgage Loan Servicing Dept. Prior to delivery, CLD contacts the borrower and obtains funds for the tax and insurance escrows, a final title policy and homeowner's policy. This process is called a rollover. Rural Housing and Community Development Service A federal agency that administers mortgage loans for buyers in rural areas. Go to Top - S - second mortgage A loan that is junior to a primary or first mortgage and often has a higher interest rate and a shorter term. secondary market A market comprising investors like GNMA, FHLMC and FNMA, who buy large numbers of mortgages from the primary lenders and resell them to other investors. servicing The responsibility of collecting monthly mortgage payments and properly crediting them to the principal, taxes and insurance, as well as keeping the borrower informed of any changes in the status of the loan. settlement costs See: closing costs . survey A physical measurement of property done by a registered professional showing the dimensions and location of any buildings as well as easements, rights of way, roads, etc. Go to Top - T - tax deed A written document conveying title to property repossessed by the government due to default on tax payments. tax savings The deduction a taxpayer can take on their tax form for interest paid on a home mortgage. The amount of money that the homeowner is not required to pay the government in taxes because he or she owns a home. taxes As a part of PITI, the amount of the monthly mortgage payment which does not include the principal, interest, and insurance. tenancy joint tenancy - equal ownership of property by two or more parties, each with the right of survivorship. tenancy by the entireties - ownership of property only between husband and wife in which neither can sell without the consent of the other and the property is owned by the survivor in the event of death of either party. tenancy in common - equal ownership of property by two or more parties without the right of survivorship. tenancy in severalty - ownership of property by one legal entity or a sole party. tenancy at will - a license to use or occupy a property at the will of the owner. title A formal document establishing ownership of property. title insurance A policy issued by a title insurance company insuring the purchaser against any losses resulting from errors in the title search. The cost of title insurance may be paid for by the buyer, the seller or both. trust deed See: deed of trust . Truth In Lending Act The Truth In Lending Act requires lenders to disclose the Annual Percentage Rate and other associated costs to homebuyers within three working days of the loan application. Go to Top - U - underwriter A professional who approves or denies a loan to a potential homebuyer based on the homebuyer's credit history, employment status, assets, debts and other factors such as loan guidelines. Uniform Settlement Statement A standard document prescribed by the Real Estate Settlement Procedures Act containing information for closing which must be supplied to both buyer and seller. utility costs Periodic housing costs for water, electricity, natural gas, heating oil, etc. Go to Top - V - VA loan See: Veterans Administration . variable rate mortgage (VRM) See: adjustable rate mortgage . Veterans Administration (VA) The federal agency responsible for the VA loan guaranty program as well as other services for eligible veterans. In general, qualified veterans can apply for home loans with no down payment and a funding fee of 1 percent of the loan amount. Go to Top - W - walk-through An inspection of a property by the prospective buyer prior to closing on a mortgage. warranty deed A document protecting a homebuyer against any and all claims to the property. Go to Top - X - No entries for "X". Go to Top - Y - yield The rate of earnings from an investment. Go to Top - Z - zoning The ability of local governments to specify the use of private property in order to control development within designated areas of land. For example, some areas of a neighborhood may be designated only for residential use and others for commercial use such as stores, gas stations, etc. Go to Top -- PRIVACY POLICY HOME | ABOUT GINNIE MAE | FOR ISSUERS | FOR INVESTORS HOMEOWNERSHIP GUIDE AND CALCULATORS | HOMEZONE (KIDS' SITE)

INVESTMENT PROPERTY SEARCH Price:

Access Investment Property. New Homes For Sale Homepage Investment Property Real Estate Investment Home Investments Hotspots Property Search Property News Are you an Agent? Feedback Site Map MERRY CHRISTMAS AND A HAPPY NEW YEAR - New site launch... Tell us what you think! INVESTMENT PROPERTY SEARCH Price: Min (Any) 5,000 10,000 25,000 50,000 75,000 100,000 200,000 300,000 400,000 500,000 1,000,000 Region: Any Australia: Brisbane Australia: Darwin Northern Territory Australia: Melbourne Bahamas: Abaco Bahamas: Central Bahamas: New Province Balearic Islands (Spain): Mallorca Brazil: North Coast Bulgaria: Blagoevgrad Bulgaria: Burgas Bulgaria: Smolian Bulgaria: Sofia Bulgaria: Teteven Bulgaria: Varna Canary Islands (Spain): Fuerteventura Canary Islands (Spain): Gran Canaria Canary Islands (Spain): La Gomera Canary Islands (Spain): Lanzarote Canary Islands (Spain): Tenerife Cape Verde: Boa vista Island Cape Verde: Maio Island Cape Verde: Sal Island Cape Verde: Santiago Island Cape Verde: Sao Vicente Crete: Chania Crete: Rethimnou Croatia: Dubrovnik Croatia: Island of Brac Croatia: Island of Ciovo Croatia: Island of Hvar Croatia: Istria Cyprus: Famagusta (South) Cyprus: Larnaka Cyprus: Limassol Cyprus: Paphos Czech Republic: Prague Dominican Republic: La Altagravia Estonia: Baltic Sea Coast Estonia: Rakvere France: Ile-de-France France: Languedoc-Roussillon France: Provence-Alpes-Cte dAzur France: Rhne-Alpes Gibraltar: Gibraltar Hungary: Budapest India: Goa Italy: Tuscany Morocco: Berkane Morocco: Tetouan New Zealand: Auckland Northern Cyprus: Famagusta Northern Cyprus: Kyrenia Panama: Capira Portugal: Central Algarve Portugal: East Algarve Portugal: Lisbon Portugal: Resorts Portugal: West Algarve Saint Lucia: Cap Estate South Africa: Johannesburg South Africa: Lowveld South Africa: Western Cape Spain: Costa Blanca Spain: Costa Calida Spain: Costa de Almeria Spain: Costa de Azahar Spain: Costa de la Luz Spain: Costa del Sol Spain: Costa Tropical Spain: Seville Thailand: Chonburi Turkey: Aegean Turkey: Eastern Mediterranean Turkey: Mugla Turkey: Western Mediterranean United Arab Emirates: Dubai United States: Florida Venezuela: Margarita Island Max (Any) 5,000 10,000 25,000 50,000 75,000 100,000 200,000 300,000 400,000 500,000 1,000,000 Local area: Any Abaco: Treasure Cay Aegean: Altinkum Aegean: Aydin Aegean: Bodrum Aegean: Yalikavak Auckland: Gulf Harbour Auckland: Inner City Baltic Sea Coast: Parnu Berkane: Sadia Boa vista Island: Sal Rei Brisbane: Inner City Budapest: District 13 Budapest: District 5 Budapest: District 6 Budapest: District 7 Budapest: District 8 Budapest: District 9 Burgas: Kiten Burgas: Kosharitsa Burgas: Nessebar Burgas: Primorsko Burgas: Ravda Burgas: Sozopol Burgas: Sunny Beach Burgas: Sveti Vlas Cap Estate: Smugglers Cove Capira: The Parks Central: Eleuthera Central Algarve: Albufeira Central Algarve: Carvoeiro Central Algarve: Ferreiras Central Algarve: Vilamoura Chania: Maleme Chonburi: Pattaya-Jomtien Costa Blanca: Albatera Costa Blanca: Algorfa Costa Blanca: Alicante Costa Blanca: Altea Costa Blanca: Benidorm Costa Blanca: Busot Costa Blanca: Calpe Costa Blanca: Campoamor Costa Blanca: Crevillente Costa Blanca: Cumbre del Sol Costa Blanca: Denia Costa Blanca: El Campello Costa Blanca: Elda Costa Blanca: Guardamar Costa Blanca: Hellin Costa Blanca: Jacarilla Costa Blanca: Jumilla Costa Blanca: La Daya Costa Blanca: La Marina Costa Blanca: Los Montesinos Costa Blanca: Moraira Costa Blanca: Muchamiel Costa Blanca: Nucia/Polop Costa Blanca: Oliva Costa Blanca: Orba Costa Blanca: Orihuela Costa Blanca: Pego Costa Blanca: Relleu Costa Blanca: Santa Pola Costa Blanca: Sax Costa Blanca: Torrevieja Costa Calida: Alhama de Murcia Costa Calida: Almoradi Costa Calida: Balsicas Costa Calida: Campos de Rio Costa Calida: Corvera Costa Calida: Fortuna Costa Calida: Fuente Alamo Costa Calida: La Manga del Mar Menor Costa Calida: La Tercia Costa Calida: La Union Costa Calida: Los Alcazares Costa Calida: Los Urrutias Costa Calida: Mazarron Costa Calida: Puerto de Mazarron Costa Calida: Roda Costa Calida: Roldan Costa Calida: Sucina Costa Calida: Torre Pacheco Costa Calida: Valladolises Costa de Almeria: Aguadulce Costa de Almeria: Albox Costa de Almeria: Almerimar Costa de Almeria: Carboneras Costa de Almeria: Cuevas del Almanzora Costa de Almeria: Mojacar Costa de Almeria: Picena Costa de Almeria: Retamar Costa de Almeria: Roquetas de Mar Costa de Almeria: Vera Costa de Almeria: Vicar Costa de Almeria: Zurgena Costa de Azahar: Oropesa del Mar Costa de la Luz: Ayamonte Costa de la Luz: Punta del Moral Costa del Sol: Alcaidesa Costa del Sol: Alcaucin Costa del Sol: Alhaurin Costa del Sol: Almogia Costa del Sol: Benahavis Costa del Sol: Benalmadena Costa del Sol: Cabopino Costa del Sol: Calahonda Costa del Sol: Casares Costa del Sol: Elviria Costa del Sol: Estepona Costa del Sol: Fuengirola Costa del Sol: Fuente de Piedra Costa del Sol: Guadalmina Costa del Sol: Istan Costa del Sol: Jimena de la Frontera Costa del Sol: La Cala de Mijas Costa del Sol: La Mairena Costa del Sol: Las Chapas Costa del Sol: Los Arqueros Costa del Sol: Los Monteros Costa del Sol: Manilva Costa del Sol: Marbella Costa del Sol: Mijas Costa Costa del Sol: Monda Costa del Sol: Monte Mayor Costa del Sol: Nagueles Costa del Sol: Nerja Costa del Sol: Nueva Andalucia Costa del Sol: Puerto Banus Costa del Sol: Puerto de la Duquesa Costa del Sol: Riviera del Sol Costa del Sol: San Pedro Costa del Sol: Santa Maria Costa del Sol: Sierra Blanca Costa del Sol: Sotogrande Costa del Sol: Torre del Mar Costa del Sol: Torrox Costa Costa Tropical: Albunuelas Costa Tropical: Castell de Ferro Costa Tropical: Castillo de Banos Costa Tropical: El Golco Costa Tropical: Guejar Sierra Costa Tropical: Lobres Costa Tropical: Motril Costa Tropical: Otura Costa Tropical: Salobrena Costa Tropical: Velez de Benaudalla Darwin Northern Territory: Central City Dubai: Al Warsan Dubai: Arabian Ranches Dubai: DIFC Dubai: Downtown Dubai: Dubai Marina Dubai: Emirates Hills Dubai: Jumeirah Dubai: Jumeirah Lake Towers Dubai: Sheikh Zayed Road Dubai: The Palm Jebel Ali Dubai: The Palm Jumeirah Dubai: The Views Dubrovnik: Babin Kuk Dubrovnik: Kono Dubrovnik: Mokosica Dubrovnik: Slano Dubrovnik: Soline East Algarve: Castro Marim Eastern Mediterranean: Alanya Eastern Mediterranean: Cikcilli Eastern Mediterranean: Kemer Eastern Mediterranean: Kiris Eastern Mediterranean: Mahmutlar Eastern Mediterranean: Obagol Eastern Mediterranean: Side Eastern Mediterranean: Tosmur Famagusta: Agirdag Famagusta: Bogaz Famagusta (South): Paralimni Florida: Bonita Springs Florida: Davenport Florida: Daytona Beach Florida: Estero Florida: Fort Myers Florida: Holly Hill Florida: Kissimmee Florida: Lake Buena Vista Florida: Metrowest Florida: Miami Florida: New Port Richey Florida: Orlando Fuerteventura: Caleta de Fuste Fuerteventura: Corralejo Fuerteventura: Costa de Antiqua Fuerteventura: La Oliva Gibraltar: Europort Gibraltar: Ocean Village Gibraltar: South District Goa: Arpora Gran Canaria: Altos Arguineguin Gran Canaria: Puerto Rico Gran Canaria: Salobre Gran Canaria: Tauro Ile-de-France: Marne la Vallee Ile-de-France: Paris Ile-de-France: Reims Ile-de-France: Val D'Europe Island of Brac: Milna Island of Ciovo: Slatine Island of Ciovo: Trogir Island of Hvar: Hvar Istria: Gedici Istria: Labin Istria: Novigrad Istria: Porec Istria: Radosi (Visnjan) Istria: Rogovici Istria: Sv. Lovrec Istria: Vodnjan Johannesburg: Auckland Park Kyrenia: Alsancak Kyrenia: Arapky Kyrenia: Catalkoy Kyrenia: Dogankoy Kyrenia: Esentepe Kyrenia: Karmi Kyrenia: Komurcu Kyrenia: Lapta Kyrenia: Tatlisu Kyrenia: Upper Kyrenia Kyrenia: Zeytinlik La Altagravia: Punta Cana La Gomera: Playa Santiago Languedoc-Roussillon: Aigues-Mortes Languedoc-Roussillon: Argeles sur Mer Languedoc-Roussillon: Montpellier Languedoc-Roussillon: Narbonne Languedoc-Roussillon: Nimes Languedoc-Roussillon: Perpignan Languedoc-Roussillon: Saint-Cyprien Languedoc-Roussillon: Sete Languedoc-Roussillon: Uzes Lanzarote: Tias Larnaka: Larnaca Limassol: Kapsalos Limassol: Limassol Lisbon: Pamela Village Lowveld: Hoedspruit Maio Island: Vila do Maio Mallorca: Cala Millor Mallorca: Palma de Mallorca Mallorca: Porto Cristo Margarita Island: Juangriego Melbourne: Inner City New Province: Paradise Island North Coast: Cumbuco Paphos: Argaka Paphos: Chloraka Paphos: Coral Bay Paphos: Kato Pafos Paphos: Kouklia Paphos: Mandria Paphos: Pafos Paphos: Peyia Paphos: Polis Chrysochous Paphos: Tala Prague: Karlin Prague: Prague 10 Prague: Prague 5 Prague: Prague 8 Prague: Prague 9 Prague: Zamecka Provence-Alpes-Cte dAzur: Antibes Provence-Alpes-Cte dAzur: Auron Provence-Alpes-Cte dAzur: Beausoleil Provence-Alpes-Cte dAzur: Biot Provence-Alpes-Cte dAzur: Cagnes sur Mer Provence-Alpes-Cte dAzur: Cannes Provence-Alpes-Cte dAzur: Castillon Provence-Alpes-Cte dAzur: Frejus Provence-Alpes-Cte dAzur: Juan Les Pins Provence-Alpes-Cte dAzur: La Motte Provence-Alpes-Cte dAzur: Manddelieu Provence-Alpes-Cte dAzur: Menton Provence-Alpes-Cte dAzur: Miramar Provence-Alpes-Cte dAzur: Nice Provence-Alpes-Cte dAzur: Peymeinade Provence-Alpes-Cte dAzur: Roquebrune-cap-martin Provence-Alpes-Cte dAzur: Sainte Maxime Provence-Alpes-Cte dAzur: Sophia Antipolis Provence-Alpes-Cte dAzur: St Laurent du Var Provence-Alpes-Cte dAzur: Tourettes Var Provence-Alpes-Cte dAzur: Villeneuve Loubet Rakvere: Viimsi Resorts: Praia del Rey Rethimnou: Georgioupolis Rhne-Alpes: Divonne les Bains Rhne-Alpes: Paradiski Sal Island: Palmeira Sal Island: Santa Maria Santiago Island: Praia Sao Vicente: Mindelo Seville: Aguadulce Seville: La Roda de Andalucia Smolian: Chepelare Smolian: Pamporovo Sofia: Dobrinishte Sofia: Dolna Banya Sofia: Sofia Tenerife: Costa Adeje Tenerife: Fanabe Tenerife: Playa de las Americas Teteven: Ribaritsa Tetouan: Marina Smir Tuscany: Valdera Varna: Balchik Varna: Briz Varna: Byala Varna: Golden Sands Varna: Obzor Varna: St. Konstantin and Elena Varna: Varna West Algarve: Lagos West Algarve: Praia da Luz West Algarve: Vila do Bispo Western Cape: Gordons' Bay Western Cape: Somerset West Western Cape: Strand Western Mediterranean: Calis Western Mediterranean: Fethiye Western Mediterranean: Ovacik Country: Any Australia Bahamas Balearic Islands (Spain) Brazil Bulgaria Canary Islands (Spain) Cape Verde Crete Croatia Cyprus Czech Republic Dominican Republic Estonia France Gibraltar Hungary India Italy Morocco New Zealand Northern Cyprus Panama Portugal Saint Lucia South Africa Spain Thailand Turkey United Arab Emirates United States Venezuela Property type: Any Apartment Townhouse Villa Plot of Land Advanced Searching Popular Keyword Search Featured New Development Property Hotspots Property News Furniture Packages Close proximity to some of Dubai's Landmark sporting, leisure More Bansko ski property grows in popularity as a new snow destination More New development property launches and promotions More Do you want to furnish your home abroad, see our furniture packages More Access Investment Property makes finding an overseas investment simple... AIP Newsletter Using our property search tools, locating the information you need is: Quick – You will find all our new developments, real estate resorts and off-plan projects are listed JUST once, saving you time. Clear – We promote JUST pre construction homes and off-plan property. There are NO resale properties to clutter your search. Complete - Property particulars feature comprehensive details, quality images and requesting further info is easy. Week on week our property database is packed full of the latest golf resort projects, beach villas, ski chalets, city apartments all over the world. Our unique Property News section, features well–informed, focused commentary on property investment issues and is platform to showcase the best local companies promoting products and services directly related to your investment property. Find everything you need from quality furnishings to car hire, foreign currency exchange and mortgage information . Top New Developments 1 Riviera Andaluza Costa del Sol, Spain View 2 Rhodopi Pearl Smolian, Bulgaria View 3 Peraleja Golf Costa Calida, Spain View 4 Alteanatura Costa Blanca, Spain View 5 Mediterrania -Sadia Berkane, Morocco View 6 Villas Labin Istria, Croatia View 7 Green Park City Varna, Bulgaria View 8 Cisarka Residency Prague, Czech Republic View 9 Aspen Golf MAC Blagoevgrad, Bulgaria View 10 Cyprus Hills Kyrenia, Northern Cyprus View Search for specific new developments quickly and easily using the countrywide links below Europe Property Czech Republic Spain France Portugal Eastern Europe Bulgaria Hungary Cyprus North Cyprus Turkey USA Florida Africa/Middle East Cape Verde Morocco Dubai Services Move Centre Access News Furniture Service Get a Mortgage Change currency Can’t find a property? To specify your exact property requirements click here . Related services: Furniture Packages | Foreign Currency Exchange | Mortgages | Property News | AIP Newsletter Quick country links: Brazil | Bulgaria | Cape Verde | Cyprus | Czech Republic | France | Hungary | Morocco | Northern Cyprus | Portugal | Spain | Turkey | Dubai | Florida | Australia | Bahamas | Balearic Islands (Spain) | Canary Islands (Spain) | Crete | Croatia | Dominican Republic | Estonia | Gibraltar | India | Italy | New Zealand | Panama | Saint Lucia | South Africa | Thailand | United Arab Emirates | United States | Venezuela About Us | Contact Us | Terms of Service | Privacy Policy | Industry Resources | Resources | Links | Site Map © Access Investment Property, 2005. All Rights Reserved. Access Investment Property. New Homes For Sale Designed by Internet Dreams