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Community events list, 3/17/10 - Scranton Times-TribuneCommunity events list, 3/17/10Scranton Times-TribunePet photos: Griffin Pond Animal Shelter benefit pet with Easter Bunny photos, Saturday, March 27, 10 am to 5 pm, Pet Supplies Plus, 1510 Scranton-Carbondale ...
Community events list, 3/6/10 - Scranton Times-TribuneCommunity events list, 3/6/10Scranton Times-TribuneWomen meet: Carbondale Business and Professional Women meet Monday, 6 pm, Ben-Mar Restaurant, District 8 officers visit. Pasta fagioli: Boy Scout Troop 66 ...
Lackawanna County Court Notes 3-13-2010 - Scranton Times-TribuneLackawanna County Court Notes 3-13-2010Scranton Times-Tribune- JP Morgan Chase Bank, attorney in fact for Deutsche Bank National Trust Co., trustee for Long Beach Mortgage Trust, to David and Pamela Gintoff, ...and more »
Your money's safe in the bank - Glenwood Springs Post IndependentYour money's safe in the bankGlenwood Springs Post IndependentThe talk at The Barber Shop in Carbondale went like this: Kathy, the barber, asked what I was doing now, and I told her I was a consultant specializing in ...and more »
People on the Move - March 7, 2010 - Scranton Times-TribunePeople on the Move - March 7, 2010Scranton Times-TribuneMary Tolan of Carbondale has received the Presidential Award for Service Excellence. She has worked at Wayne Bank since 1999 and received an associates ...and more »
Lackawanna County Court Notes 2/20/2010 - Scranton Times-TribuneLackawanna County Court Notes 2/20/2010Scranton Times-Tribune- Community Bank & Trust Co., Clarks Summit, to FLG Partnership, Avalon; a property at 5 Brookside Cemetery Road, Carbondale, for $275000. ...
Business Briefcase: Feb. 21, 2010 - Scranton Times-TribuneBusiness Briefcase: Feb. 21, 2010Scranton Times-TribuneThe seminar will look at how to budget for homeownership, how to become pre-qualified and approved for a loan, how to choose the right type of mortgage loan ...and more »
Lackawanna County tax sale collects $1.3M in delinquent taxes - Scranton Times-TribuneLackawanna County tax sale collects $1.3M in delinquent taxesScranton Times-TribuneThe same bank, also acting as the mortgage holder, bought 92 Brooklyn St. in Carbondale for $125000. Of the money raised, more than half will be returned to ...and more »
Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
View all Terms