		Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How
Mortgage slump stalls $100M condo project in Utah city

Mortgage slump stalls $100M condo project in Utah city

This is a discussion on Mortgage slump stalls $100M condo project in Utah city within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Only five of the 79 completed condominiums in Orem's Midtown Village project are occupied, and work on the luxury condominium ...

Google Ads Advertisement

Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

03-03-2008, 05:11 PM

Administrator Administrator is offline

Administrator

Join Date: Oct 2007

Posts: 44,600

Your Earnings US $: 186,771.50
How To Earn By Posting?

Mortgage slump stalls $100M condo project in Utah city

Only five of the 79 completed condominiums in Orem's Midtown Village project are occupied, and work on the luxury condominium project in the Utah city stopped about 45 days ago. Deseret News View Comments |

More...

(Source: Google Blog Search)

Tags

$100m, city, condo, mortgage, project, slump, stalls, utah

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Salt Lake City, Utah Real Estate Listing - 5292 S 2150 W Salt Lake	Administrator	Mortgage Calculator	0	12-04-2008 05:52 PM
Envestra to refinance debt with new $100m 3-yr facility via WBC	Administrator	Mortgage Refinancing	0	09-04-2008 03:06 AM
Councilman: Tax break for condo project illegal	Administrator	Mortgage Know-How	0	03-01-2008 02:21 PM
Open Question: Condo owner buys for 165,000, condo now worth maybe 130,000, could go	Administrator	Mortgage Refinancing	0	11-19-2007 05:47 AM
Toronto turning into Condo city	Administrator	Mortgage Know-How	0	11-18-2007 02:11 PM

Bookmark this thread

Share |

« Why We Can't Trust: Thornburg Mortgage | No title »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Discussion Mortgage slump stalls $100M condo project in Utah city in printable format

All times are GMT. The time now is 10:58 AM.

Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive