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Real Estate Tips & News

Top articles:

Matt and Jamie Danielson own their $278,000 Ankeny home outright, and paid almost nothing for it. ...
» IA   » Real Estate news03/17/2011
 
Michigan is a state with a split personality. First you have the industrial, blue collar areas where...
» MI   » Home buying04/05/2010
 
You have a loan and you're ready to find your dream home in one of those Los Angeles houses for sale...
» CA   » Home buying03/25/2010
 
The Church of Jesus Christ of Latter-day Saints (LDS) has a prominent role in the city with the high...
» UT   » Rental property02/27/2010
 
As the level of luxuries to which the citizens are exposed are increasing at a very fast rate, an in...
» TX   » Home buying07/06/2009
 
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Discount Points

Investors typically offer an interest rate with no discount points, but can lower that rate if the buyer is willing to pay an up front fee that will give the investor the same yield. Each discount point is equal to 1% of the loan amount borrowed.

See also:
  • Deed
  • Deed of Trust
  • Default
  • Delinquency
  • Delivery
  • Deposit
  • Depreciation
  • Discount Points
  • Distress Sale
  • Down Payment
  • Dual Agent
  • Due Diligence
  • Due on Sale Clause

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