Sunday, July 29, 2007

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Rowan roundup: RCCC retools real estate program (Salisbury Post)

Sun, 29 Jul 2007 06:02:35 GMT
Rowan-Cabarrus Community College is offering a re-tooled certificate program in real estate licensing to meet recent changes in the industry. The program meets the requirements of the N.C. Real Estate Commission and prepares students to take the N.C. real estate licensing examination.


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80 20 Mortgage Loans Is a Piggyback Mortgage Loan Right for You

Any borrower that cannot meet the 20 percent down payment criteria on the value of a home mortgage will likely have to pay private mortgage insurance. These private mortgage premiums can reach as much as 1 percent of the total value of the mortgage. This insurance protects the banks investment, as their liability is covered should the borrower default on the home and they are unable to sell the foreclosed property. This private mortgage insurance coverage will meet their costs. While this insurance benefits the bank or lending institution, the borrower is stuck paying for it, and many people are seeking alternatives to the expensive insurance.... View the rest of this article by visiting BuyerBeWhere.com at the link above...


 

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