West Jordan Home Owner Needs Real Help !!
A West Jordan home owner called yesterday and left this message on my machine: "I NEED HELP". Then she let me know,(or whoever was listening) that she was grateful for all the information she was getting from TV, Newspapers, Radio, e-mails, direct mail and anyone else that could reach her. Further, since everyone was so concerned with her home mortgage she was sure she had or soon would have a problem. She mentioned a few terms that gave her pause......... LIBOR, REVERSE MORTGAGE, SHORT SALE, REO, BANK OWNED. ... Did any of these terms apply to her home loan?
Thelma (not her real name) wanted to start fixing it right now, but she didn't know what was wrong. specifically she didn't know if she had one of these wascally sub- prime loans or not. In fact, Thelma confided that she didn't understand half of the words, or terms being used in all the Real Estate Mortgage information she was receiving....... " DOES SOMEONE HAVE A MORTGAGE DICTIONARY"?
Yes Thelma..... on my website, we have linked with the Mortgage Professor. In addition to providing a complete glossary of mortgage terms and tutorials, you can prepare to be a borrower, educate yourself about various mortgage topics, and even leave questions and comments for the Professor. It's a wonderful site and I am confident you can find an answer to the most complex Real Estate Mortgage Terms.
Whether your Thelma, a West Jordan Home Owner or someone else that needs to understand the Home Mortgage market better..... Log on..... Enjoy