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New Wyoming Real Estate Listings 2/19/2010
New WY real estate listings:
$ 179,900 Riverton 943 Big Horn - 5 bedroom 1 bath 2236 sqft


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West Michigan Links: Damage to Wyoming homes caused by straight line winds, not tornado
A look at other headlines from across the area.
 
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Real Estate Term of the Day
Equity: The difference between the fair market value and current indebtedness, also referred to as the owner's interest. The value an owner has in real estate over and above the obligation against the property.

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Real Estate Term of the Day
Interim Financing: A construction loan made during completion of a building or a project. A permanent loan usually replaces this loan after completion.

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Real Estate Term of the Day
Commitment: A promise by a lender to make a loan on specific terms or conditions to a borrower or builder. A promise by an investor to purchase mortgages from a lender with specific terms or conditions. an agreement, often inwriting, between a lender and a borrower to loan money at a future date subject to the completion of paperwork or compliance with stated conditions.

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Real Estate Term of the Day
Appraisal: An estimate of the value of property, made by a qualified professional called an "appraiser".

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