| The Residential Real Estate Mortgage |
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| Most purchases of residential property are financed through mortgages. A mortgage is a financial transaction by which a purchaser borrows money from a lender that is payable over time. More... |
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| Manufactured Homes |
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| In years past, manufactured homes were referred to as "mobile homes," and, in fact, many people continue to refer to manufactured homes as such today. In the year 1980, the United States Congress adopted the phrase "manufactured homes" to describe a type of factory-built home that was required to conform to certain standards developed by the United States Department of Housing and Urban Development (HUD). More... |
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| Bridge Loans |
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| A bridge loan is a short-term loan designed to assist a borrower in Alex's situation. When a borrower has sufficient equity in an existing home, the borrower can borrow against the equity in the existing home in order to finance the down payment on a new home. More... |
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| The Historic Homeowner -- State and Local Preservation Laws |
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| The issue of historic preservation is governed by a myriad of federal, state, and local laws. Generally speaking, the purpose of preservation laws is to encourage the recognition of historic resources, as well as the preservation of those resources. Without question, historic preservation is a legitimate governmental objective. On the state and local levels, historic preservation controls may be enacted subject to the applicable constitutional constraints. More... |
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| Accretion |
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| The term "accretion" refers to the process by which an area of real property is increased due to the gradual deposit of soil from a boundary river, stream, lake, pond, or tidal waters. The legal implications that stem from accretion derive from ancient common law. More... |
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