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	<title>FAQ Alert &#187; Real Estate</title>
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		<title>What is home equity? What is equity in a home?</title>
		<link>http://www.faqalert.com/what-is-home-equity-what-is-equity-in-a-home/</link>
		<comments>http://www.faqalert.com/what-is-home-equity-what-is-equity-in-a-home/#comments</comments>
		<pubDate>Mon, 25 Jul 2011 23:01:28 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[home equity]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=4086</guid>
		<description><![CDATA[Home equity is essentially the difference between the amount your home is worth and the amount you owe on your home. It is a constantly moving figure that is typically tied to the current fair market value of your property. Home equity will increase when payments are made toward the principle balance of the home [...]]]></description>
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		</item>
		<item>
		<title>What is mortgage insurance for?</title>
		<link>http://www.faqalert.com/mortgage-insurance-loans/</link>
		<comments>http://www.faqalert.com/mortgage-insurance-loans/#comments</comments>
		<pubDate>Mon, 18 Jul 2011 19:26:12 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[loan insurance]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage insurance]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=4000</guid>
		<description><![CDATA[Mortgage insurance is a way for lenders to guarantee that they will be repaid in the event that a borrower can’t continue to make payments or defaults on the loan/mortgage. It gives the lender a way to prevent loss and is generally required on all loans where less than 20% has been put down by [...]]]></description>
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		<item>
		<title>What is Fannie Mae?</title>
		<link>http://www.faqalert.com/what-is-fannie-mae/</link>
		<comments>http://www.faqalert.com/what-is-fannie-mae/#comments</comments>
		<pubDate>Thu, 28 Apr 2011 23:23:50 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Business & Economy]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[fannie mae]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=2862</guid>
		<description><![CDATA[Fannie Mae is the short name for the Federal National Mortgage Association (FNMA). It is a government sponsored enterprise (GSE) and was chartered by Congress in 1968 to provide liquidity and stability to the U.S. housing and mortgage markets. It is now a private shareholder-owned company. Fannie Mae functions in the U.S. secondary mortgage market [...]]]></description>
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		<title>What is an ARM loan?</title>
		<link>http://www.faqalert.com/what-is-an-arm-loan/</link>
		<comments>http://www.faqalert.com/what-is-an-arm-loan/#comments</comments>
		<pubDate>Fri, 22 Apr 2011 19:18:48 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[adjustable mortgage]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[variable mortgage]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=2784</guid>
		<description><![CDATA[An ARM loan (also known as an adjustable rate loan or variable rate loan) is a type of mortgage loan with an interest rate that fluctuates based on a certain financial index. They are often thought to be riskier than a fixed rate loan due to potential payment fluctuations that may occur during the life [...]]]></description>
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		<item>
		<title>What is a reverse mortgage?</title>
		<link>http://www.faqalert.com/what-is-a-reverse-mortgage/</link>
		<comments>http://www.faqalert.com/what-is-a-reverse-mortgage/#comments</comments>
		<pubDate>Mon, 11 Apr 2011 18:50:03 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[home equity]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[retirement]]></category>
		<category><![CDATA[reverse mortgage]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=2651</guid>
		<description><![CDATA[A reverse mortgage is a type of loan that is available to individuals that are 62 years of age or older. It allows the home owner to borrow a portion of their current home equity either through a lump sum payment or installments. So essentially, with a reverse mortgage, you’ll get money in the form [...]]]></description>
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		<title>What is an assumable mortgage?</title>
		<link>http://www.faqalert.com/what-is-an-assumable-mortgage/</link>
		<comments>http://www.faqalert.com/what-is-an-assumable-mortgage/#comments</comments>
		<pubDate>Sun, 03 Apr 2011 20:23:50 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[assumable loan]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[loans]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=2486</guid>
		<description><![CDATA[An assumable mortgage is an alternative to the traditional bank mortgage process. It essentially gives the home buyer the ability to take over the current mortgage of the home seller, as long as the bank (that approved the loan) agrees. The assumable mortgage is advantageous to the potential buyer if interest rates have increased since [...]]]></description>
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		<item>
		<title>What is the mortgage interest deduction?</title>
		<link>http://www.faqalert.com/what-is-the-mortgage-interest-deduction/</link>
		<comments>http://www.faqalert.com/what-is-the-mortgage-interest-deduction/#comments</comments>
		<pubDate>Tue, 22 Mar 2011 18:17:14 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[mortgage interest]]></category>
		<category><![CDATA[mortgage interest deductions]]></category>
		<category><![CDATA[tax deductions]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=2283</guid>
		<description><![CDATA[The mortgage interest deduction is a type of tax deduction that gives homeowners the ability to deduct the interest they pay on the mortgage of their home from their taxable income. This is a common tax deduction that essentially encourages home ownership. According to &#8220;SaveMyMID.org&#8221;, the mortgage interest deduction is at risk. There is a [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Does a home under construction require a home inspection?</title>
		<link>http://www.faqalert.com/new-home-inspection/</link>
		<comments>http://www.faqalert.com/new-home-inspection/#comments</comments>
		<pubDate>Mon, 04 Oct 2010 22:55:23 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[home inspection]]></category>
		<category><![CDATA[home inspection services]]></category>
		<category><![CDATA[home inspections]]></category>
		<category><![CDATA[new home inspection]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=1400</guid>
		<description><![CDATA[Inspecting a home under construction is sometimes necessary for the buyer due to the different ways a builder or contractor may perform the construction. Sometimes a home builder will cut corners when performing certain tasks to save money for “their” bottom line or do things that are not in the best interest of the buyer. [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>What is a home inspection? Why do I need one?</title>
		<link>http://www.faqalert.com/home-inspection/</link>
		<comments>http://www.faqalert.com/home-inspection/#comments</comments>
		<pubDate>Fri, 01 Oct 2010 04:21:57 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[home buyers]]></category>
		<category><![CDATA[homes]]></category>
		<category><![CDATA[inspection]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=1389</guid>
		<description><![CDATA[A home inspection is an evaluation of the condition of a property. It is a critical process because it can help identify possible repairs that may be needed before a home is purchased or a mortgage is refinanced. Every soon-to-be home buyer should have a comprehensive home inspection done by a licensed or certified professional. [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What is the difference between real estate agents &amp; real estate brokers?</title>
		<link>http://www.faqalert.com/real-estate-agents-brokers/</link>
		<comments>http://www.faqalert.com/real-estate-agents-brokers/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 13:00:36 +0000</pubDate>
		<dc:creator>Kevin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[agents]]></category>
		<category><![CDATA[brokers]]></category>
		<category><![CDATA[real estate agents]]></category>
		<category><![CDATA[sales]]></category>

		<guid isPermaLink="false">http://www.faqalert.com/?p=731</guid>
		<description><![CDATA[The terms used to categorize real estate professionals will typically vary a little from one state to another. Both, real estate agents and real estate brokers must be licensed by the state they reside in and are often required to pass several examinations covering real estate law, ethics, finance, and taxation. Some states also require [...]]]></description>
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		<slash:comments>0</slash:comments>
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