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Real Estate News Releases
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(EMAILWIRE.COM, February 04, 2007 ) Livonia, MI -- National Real Estate Network LLC Now has made it easy for investors to find Real Estate Clubs in their market. Simply go to the www.megaeveningevent.com home page and you will find a link to over 1057 clubs throughout the United States. Now for the die hard investors you can go vacation and visit clubs right in that city. You can also go to the National Real Estate Network LLC website and get a list of all the real estate terms and definitions you don’t know. Now when some says short sale, FSBO, REO, BPO, comps, and forbearance agreement, you can go to www.megaeveningevent.com and see what they are talking about. In interview with co-founders, Urvi Mehta, we were advised that National Real Estate Network LLC will be introducing an added feature for it members to list properties on their website start May 15th , 2007. Urvi said “we have already received over 300 investment properties from our members and are excited about this new feature and what it will do for our members.” National Real Estate Network LLC holds Real Estate Investing Club Meeting once a month on the third Thursday every month with new topic and many National Speakers. Meetings are free to first time guest. Clubs Agenda at each of meeting is: 6:00—Structured Networking 7:00—Update from Founders 7:30—Main Speaker Time of meetings is: 6:00pm to 9:00pm Location: Laurel Manor, 39000 Schoolcraft Rd, Livonia, MI 48150 Register NOW by calling 248-762-0800 www.megaeveningevent.com Every Event includes: Structured Networking: Use this time to network with a purpose. Meet our business vendors during this time and see if they can assist you with your needs. Power Networking: A fun way to hone your networking skills, meet other investors with a like interest, and be helped or help another. Real Estate Terms (definitions on Mega Home Page) http://megaeveningevent.com Abstract of Judgment, Abstract of Title, Accelerated Cost Recovery System ,Acceleration Clause, Due on Sale Clause, Acceptance, Accrued Interest, Accumulated Depreciation, Acknowledgment, Acquisition Cost, Acquisition Loan , Acre, Addendum, Additional Principal Payment, Adjoining, Adjustable Rate Mortgage (ARM), Adjusted Cost Basis, Adjusted Tax Basis, Adjustment Period Administrator, Administrator's Deed, Adverse Possession, Affidavit, Agency, Agreement for Deed, Contract for Deed, Alienation, All Inclusive Trust Deed, Amortized Loan, Annual Cap, Annual Percentage Rate (APR), Anticipatory Breach, Appraised Value, Appreciation, Arrears, As-Is, Assessed Value, Assignee, Assignment, Assignor, Assumable Mortgage, Attornment, Backup Contract, Balance, Principal Balance, Balloon Loan, Balloon Payment, Bankruptcy, Bankruptcy Discharge, Basis Point, Beneficiary, Bilateral Contract, Bill of Sale, Bird Dog, Biweekly Mortgage, Blanket Mortgage, Board Of Equalization, Board of Realtors, Bond Breach of Contract, Bridge Loan Broker, - Building Permit, Bundle of Rights, Buy Down, Call Option, Cancellation Clause, Cap, Capital, Capital Expenditure, Capital Improvement, Capitalization (Cap) Rate, Carrying Charges, Cash Flow, Cash Flow Basis, Cash Out, Cash-Out Refinance, Caveat Emptor, Certificate of Eligibility, Certificate of Insurance, Certificate of Occupancy (C.O.), Certified Commercial Investment Member (CCIM), Certified Residential Broker (CRB) Certified Residential Specialist (CRS), Chain of Title, Clear Title, Closing , Closing Costs, Closing Date, Closing Statement, Cloud on Title, Coinsurance Clause, Collateral, Collectors Deed, Combined Loan-to-Value (CLTV), Commitment, Comparable Sales, Conditions, Covenants, and Restrictions (CCR's), Conforming Loan, Consideration, Contiguous, Contingency, Contract, Contract For Deed, Contractor, Conventional Loan, Conversion , Convey, Cooperative (co-op), Counteroffer, Creative Financing, Credit Line, Dealer, Debt Coverage Ratio (DCR), Debt Ratio (DR, D:I), Decree, Deed, Deed in Lieu of Foreclosure, Deed of Trust (DOT, Deed Restriction - see Conditions, Covenants, and Restrictions, Default, Defeasance, Deferred Maintenance, Deferred Payments, Deficiency Judgment, Density, Density Test, Depreciation Recapture, Discount Points, Document Preparation, Down Payment, Draw, - Due Diligence, Due-on-Sale, Earnest Money, Easement, Easement by Necessity, Easement by Prescription, Egress, Eminent Domain, Employer-Assisted Housing, Encroachment, Encumbrance, Equal Credit Opportunity Act (ECOA), Equitable Conversion, Equitable Title, Equity, Escheat, Escrow, Escrow Account, Escrow Analysis, Escrow Collections, Escrow Disbursements, Escrow Payment, Estate, Estate at Sufferance, Estate for Life, Life Estate, Estate Tax, Estoppel, Eviction, Exchange - under Section 1031 of the IRS Tax Code, Exclusive Listing, Exculpatory Clause, Façade, Face Value, Fair Credit Reporting Act, Fannie Mae (FNMA), Federal Fair Housing Law, Federal Housing Administration (FHA), Fee Agreement, Fee Simple, Fiduciary Responsibility, First Mortgage, Fixed Payment Mortgage, Fixed Rate Mortgage, Floodplain, Forbearance, Foreclosure, FRBO, Freddie Mac (FHMLC), FSBO, Fully Amortized Adjustable-Rate Mortgage, Gable Roof, Gain, Garden Apartments, General Contractor, General Lien, General Warranty Deed, Gentrification, Graduated-Payment Mortgage(GPM), Grantee, Grantor, Gross Debt Service, Gross Monthly Income, Gross Rent Multiplier, Ground Lease, Habendum Clause, Hard Money Loan, Hazard Insurance, Hereditaments, Hiatus, Highest and Best Use, Holdover Tenant, Home Equity Loan, Homeowner Association (HOA), Homeowners' Warranty, Homeowner's Insurance (Hazard Insurance), Homestead, Homestead Exemption, Housing and Urban Development (HUD, Housing Code, Hypothecate, Implied Warranty of Habitability, Impound Account, Improvements, Incidents of Ownership, Indemnify, Index, Initial Note Rate, Installment Contract, Installment Sale, Insurance Binder, Insured Mortgage, Inter Vivos, Interest Accrual Rate, Interest Rate, Interest Rate Buydown Plan, Interim Financing, Intestate, Joint and Several Liability, Joint Tenancy, Joint Venture, Judgment, Judgment Creditor, Judgment Lien, Judicial Foreclosure, Jumbo Loan, Junior, Kicker, Lien, Land Contract, Contract for Deed, Land Lease, Ground Lease, Land Trust, Landlocked, Lease, Lease Option , Lease Purchase, Leasehold, Leasehold Estate, Legal Blemish, Legal Description, Lessee, Lessor, Let, Letter of Intent, - Liabilities, Liability Insurance, Lien Theory State, Life Estate, Life Tenant, Lifetime Cap, Like-Kind Property, Limited Partnership, Line Of Credit, Liquidated Damages, Liquidity, Lis Pendens, Listing, Loan Application (1003), - Loan Origination Fee, Loan Package, Loan-to-Value (LTV), Lot and Block , Lot Line, Low-Documentation Loan, Low-Down-Payment loan, Management Agreement, Margin, Marketable Title, Master Lease, Maturity, Maximum Financing, Mechanic's Lien, Merged Credit Report, Minimum Payment, Monthly Mortgage Insurance (MI) Payment, Monthly Payment (P&I), Monthly Principal & Interest (P&I) Payment, Monthly Taxes & Insurance (T&I), Payment, Mortgage, Mortgage (Open-End), Mortgage Balance - see Principal Balance, Mortgage Insurance Premium (MIP), Mortgage Loan, Mortgage-Interest Deduction, Mortgagee, Mortgagor, Multi-Dwelling Property, Needs-Based Pricing , Negative Amortization, Negotiation, Net Cash Flow, Net Operating Income (NOI), No Cash-Out Refinance, No Income Verification Loan (NIV), Non-Assumption Clause, Non-conforming Loan, Non-Qualifying, Non-Recurring Closing Costs, Note, Note Broker, Notice of Default, Obligee, Obligor, Option, Ordinances, Origination Fee, Originator, Penalty, PITI, Planned Unit Development (PUD), Portfolio Loan, Prepayment Penalty, Principal Balance, Principal, Interest, Taxes, Insurance (PITI Private Mortgage Insurance (PMI), Pro Forma, Probate, Promissory Note, Purchase Money Mortgage, Purchase Subject to Mortgage, Purchase-Money Mortgage (PMM), Penalty, PITI, Planned Unit Development (PUD), Portfolio Loan, Prepayment Penalty, Principal Balance, Principal, Interest, Taxes, Insurance (PITI Private Mortgage Insurance (PMI), Pro Forma, Probate, Promissory Note, Purchase Money Mortgage, Purchase Subject to Mortgage, Purchase-Money Mortgage (PMM), Rate Cap, Rate-Improvement Mortgage, Real Estate Owned (REO), Real Property, Realtor, Recission Period, Recourse, Redemption Period, Refinance, Regression, Regulation Z, Residential Service Contract, Residual, Reverse Mortgage, Right of First Refusal, Sale Leaseback, Sandwich Lease, Seasoning, Second Mortgage, Section 1031Section 8, Security Deposit, Seller Financing, Settlement Statement, Short Sale, Special Warranty Deed, Specific Performance, Subject To, Subordination, Survey, Tax and Insurance Escrow, Tax Lien, Teaser Rate, Terms, Time is of the Essence, Title, Title Defect, Title Insurance, Title Search, Title Theory State, Triple Net Lease, Trust, Trust Deed, Trustee, U.S. Department. of Housing and Urban Development (HUD), Underwriting, Undivided Interest, Unencumbered Property, Unilateral Contract, Unimproved Property, Unrealized Gain, Unrecorded Deed, Urban Renewal, Usufruct, Usury, Utility Easement, V.A. Loan, Valuation, Variable Interest Rate, Variable Rate Mortgage, Vendee, Vendee's Lien, Vendor, Veneer, Warehouse Fee, Waiver, Warranty Deed, Wholesale, Wild Deed, Without Recourse, Wraparound Mortgage, Writ of ExecutionNational Real Estate Network, LLC service the following cities in Oakland County: Auburn Hills, Berkley, Birmingham, Bloomfield Hills, Clarkston, Clawson, Farmington Hills, Farmington, Ferndale, Hazel Park, Huntington Woods, Keego Harbor, Lake Angelus, Lathrup Village, Pleasant Ridge, Pontiac, Rochester Hills, Rochester, Royal Oak, South Lyon, Southfield, Sylvan Lake, Troy, Walled Lake, and Wixom. The club also services the follow Villages: Beverly Hills, Bingham Farms, Franklin, Holly, Lake Orion, Leonard, Milford, Ortonville, Oxford, and Wolverine Lake. Clubs also services Wayne County Cites: Allen Park, Belleville, Dearborn Heights, Dearborn, Detroit, Down River, Ecorse, Flat Rock, Garden City, Gibraltar, Grosse Pointe Farms, Grosse Pointe Park, Grosse Point, Hamtramck, Harper Woods, Highland Park, Inkster, Lincoln Park, Livonia, Melvindale, Northville, Plymouth, River Rouge, Riverview, Rockwood, Romulus, Southgate, Sonoma, Taylor, Trenton, Wayne, Westland, Woodhaven, Wyandotte. Other Counties are Macomb and Washtenaw.Contact: Mark Maupin Tel: 248-762-0800
National Real Estate Netroit, LLC
National Real Estate Network
mmaupin@donaterealestate.com 
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