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Under a wrap, a seller accepts a secured promissory note from the buyer for the amount due on the underlying mortgage plus an amount up to the remaining purchase money balance. The new purchaser makes monthly payments to the seller, who is then responsible for making the payments to the underlying mortgagee (s).
Under this insurance arrangement, lenders assume a diminished level of risk, thereby allowing them to offer a larger number of mortgages. The primary mission of the Federal Housing Administration (FHA) is to facilitate access to reasonably priced mortgage financing, with a particular focus on individuals with low to moderate incomes and those ...
Of the 382 households 33.0% had children under the age of 18 living with them, 57.9% were married couples living together, 8.4% had a female householder with no husband present, and 28.8% were non-families. 21.2% of households were one person and 8.1% were one person aged 65 or older.
The commercial sale and lease back listing calls for the building to be sold for $1.85 million, then leased back to the LaBrascas for a decade at $180,000 per year.
New Hampshire (/ ˈ h æ m p ʃ ər / HAMP-shər) is a state in the New England region of the Northeastern United States.It borders Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec to the north.
Hillsborough County is the most populous county in the U.S. state of New Hampshire. As of the 2020 census , the population was 422,937, [ 1 ] almost one-third the population of the entire state. Its county seats are Manchester and Nashua , the state's two biggest cities.
The population was 32,741 at the 2020 census, [2] making it the most populous city in the New Hampshire Seacoast region and the fifth most populous city in New Hampshire. It is the county seat of Strafford County, and home to Wentworth-Douglass Hospital, the Woodman Institute Museum, and the Children's Museum of New Hampshire.
Hancock is a town in Hillsborough County, New Hampshire, United States.The population was 1,731 at the 2020 census. [2] Hancock is home to the Welch Family Farm Forest. The main village of the town, where 213 people resided at the 2020 census, is defined as the Hancock census-designated place (CDP), and is located at the junction of New Hampshire routes 123 and 137.