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In Pennsylvania, only judicial or in court foreclosures are allowed. To move forward with an in cour...
» PA   » Foreclosure05/02/2008
 
Georgia is both a judicial and non-judicial state; meaning the foreclosure process can occur both in...
» GA   » Foreclosure05/03/2008
 
South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property ...
» FL   » Real Estate news03/15/2012
 
Let me begin by clarifying that, when it comes to speculating in the housing market, I have no dog i...
» MA   » Real Estate news11/16/2012
 
The sale of Hawaii's smallest publicly accessible inhabited island is imminent, and local leaders ar...
» HI   » Home buying06/25/2012
 
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Equity Loan

A real estate loan based on the borrower`s equity (ownership) in the property. The amount that the bank might loan could be determined by the fair market value of the property minus any current mortgages secured by the property, subject to the owner`s other debt commitments and credit history.

See also:
  • Earnest Money
  • Easement
  • Eminent Domain
  • Equal Credit Opportunity Act
  • Equity
  • Equity Loan
  • Escrow
  • Eviction
  • Exclusive Agency Listing
  • Extension

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