| »English »German |
|
Real Estate Glossary |
|
» Home » Residential Real Estate » South Carolina Homes » New Listing Notification » Service-Information » Home staging service » Energy efficient / Green Building » About Us / Contact |
Real Estate Glossary A B C D E F G H I J K L M N O P Q R S T U V W X Y Z -W- what-if analysis An affordability analysis that is based on a what-if scenario. A what-if analysis is useful if you do not have complete data or if you want to explore the effect of various changes to your income, liabilities, or available funds or to the qualifying ratios or down payment expenses that are used in the analysis. what-if scenario A change in the amounts that is used as the basis of an affordability analysis. A what-if scenario can include changes to monthly income, debts, or down payment funds or to the qualifying ratios or down payment expenses that are used in the analysis. You can use a what-if scenario to explore different ways to improve your ability to afford a house. wraparound mortgage A mortgage that includes the remaining balance on an existing first mortgage plus an additional amount requested by the mortgagor. Full payments on both mortgages are made to the wraparound mortgagee, who then forwards the payments on the first mortgage to the first mortgagee. Copyright © 2005-2010 Flavia Westerwelle / All Rights Reserved |
TransDomo,LLC
Direct: 864.908.0690 Languages: English, German Flavia & Klaus Westerwelle are licensed Real Estate Agents in South Carolina Please give us a call or send an »Email when you are thinking about buying or selling real estate. Note : |
