Real Estate Tips & News

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Hawaiian Island's Inhabitants Wait to Hear Who Will Buy Their Home The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar...
» HI   » Home buying	06/25/2012
Real Estate Agent In Virginia During the whole process of buying a home a real estate agent serves as the guide and mentor. When y...
» VA   » Construction	04/01/2010
Pierce Brosnan remains bonded to Malibu despite house sale The actor who played the fifth James Bond in the series and his wife, Keely Shaye Smith, sell a Mali...
» CA   » Real Estate news	01/14/2012
The House That Ruth Bought, Now for Sale The suburban Boston home where Babe Ruth lived after he had been sent to the New York Yankees is for...
» MA   » Home selling	05/13/2012
Foreclosure numbers rise in Reno-Sparks, fall statewide and in Clark County The number of foreclosures in Washoe County increased in January by 16 percent over December and by ...
» NV   » Foreclosure	02/28/2011
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Swing loan

A short term loan used to transition in between the paying off of an old loan, and the inception of permanent financing. This is often used to build or purchase a new home, when the previous home is still owned, but is up for sale. Once the previous home is sold, and the owner receives the proceeds from that sale, permanent financing is usually obtained.