Sentences with phrase «many homes are sold»

Prices are rising faster than anywhere else, and Toronto luxury homes are selling faster than in New York, Paris or London
Last year, single family homes were selling here for just over $ 1 million, on average, but there is a lot more going on in Brookswood besides price.
Last year about 6.1 million new and existing homes were sold.
For home buyers and home sellers, knowing current market value helps you make smart decisions about how much to offer on a house you want, or how to price a home you're selling.
Payment would occur either when the home was sold, or through an equity - extraction refinancing at some later date.
Most importantly, reverse mortgage loans don't have to be paid off until the home is sold or until the borrower no longer lives in it.
Seattle's Blue Ridge neighborhood was developed by William and Bertha Boeing through a federal loan guarantee that required homes be sold and occupied only by white people.
The Toronto Real Estate Board revealed Thursday that the market saw 7,792 transactions in April, a 32.1 % drop from the same period last year when 11,468 homes were sold.
The average days - on - the - market before the home is sold or before the listing is pulled without sale more than doubled to 20 days, up from 9 days in April last year.
We feel it is, because with the Zestimate, we have an estimate of the current value of every home in the area and, thus, can estimate what the median sale price of the whole area would be if every home were sold on the same day: It would approximately equal the median Zestimate, or Zillow Home Value Index for that area.
Eight of the 10 fastest - moving housing markets are there, and homes are selling much faster than in the Northeast, South, and Midwest.»
Detached homes were selling for more than $ 1.8 million in April before the province moved in to cool the market by implementing a 15 per cent tax on foreign buyers and extending rent control rules, two of 16 measures that were part of its Fair Housing Plan.
However, other factors — like the home being sold «as is» — may affect the ultimate price, so it's important to work through the process methodically to make sure you account for every variable.
This means that when your home is sold, the buyer of your home can «take over» your mortgage, current mortgage rate and all.
On residential bridge loans, you may not be required to make the remaining payments if your home is sold before the term of the loan is up.
Typically, the home being sold is used as collateral for the loan.
Google Home is selling for SGD $ 189 or about US $ 144 at today's exchange rate.
We've heard that homes are selling fast, and going under contract within days of listing in some cases.
However, because assessed values rise to the purchase price when a home is sold, new homeowners can expect to pay higher rates than that.
As a result, homes are selling more quickly and prices are climbing.
According to the Illinois Association of Realtors, 13,620 homes were sold in the Chicago metro area this June, which is an increase of 2.1 % from the same time last year.
Among other things, they wanted to know where homes were selling the fastest.
How quickly homes are selling: Homes stayed on the market an average 28 days in March, down from 32 days at the same time last year, said the Greater San Diego Association of Realtors.
Most of the best local authority homes were sold off under Thatcher: what's left won't help the housing crisis.
It is in the best interest of our cities, town and villages that these homes are sold to actual buyers, so that new families are given the chance to invest in our region.
New statistics now show an extraordinary amount of homes were sold in the county for $ 1 million and above.
When the new homes are sold we provide an awesome team of ladies to conduct the decor selections.
The low - interest rate loan is placed in junior position and repayment is «deferred» until the first loan is repaid, the home is sold, or the home's title is transferred.
This is important because it eliminates the worry that you or your heirs may be left with additional debt from the reverse mortgage after the home is sold.
In 2002, all 16 homes were sold to low and moderate income first - time home buyers.
The law now allows the surviving spouse to use the $ 500,000 exclusion if the home is sold within two years of his or her spouse's death.
That's a good thing because HUD homes are sold in an «as - is» condition — what you see is pretty much what you get.
Most importantly, reverse mortgage loans don't have to be paid off until the home is sold or until the borrower no longer lives in it.
Every hour in the United States: 649 homes are sold, 177 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises $ 1.86!
Also, the lender is ensured that when the home is sold you will have the cash to retire the loan.
When the home is sold, you do not have to pay any more than the current appraised value.
Prior to the seventh anniversary, the loan must be repaid when the primary mortgage is paid off, the home is no longer the primary residence, or when the home is sold or refinanced.
While insuring the home you're selling out - of - state is important, it doesn't give you the protection you need for your new home and it doesn't comply with landlord requirements.
To gauge Momentum, we looked at home sales in comparison to new real estate listings â $» a high number of sales - to - listings indicates that homes are selling relatively quickly and market momentum is therefore high.
Up to 12 months of PITI can be included in the partial claim to bring your loan current, and / or up to 30 percent of outstanding principal balance may be deferred (this means that no interest is charged on this part of the balance and repayment is not required until the home is sold).
If the home is sold prior to this date then more money will have been spent refinancing than what was saved and any time after that the additional interest savings is a net positive.
Your agent should know how much similar homes are selling for in the area.
Say the area is very popular and homes are selling for asking price and more.
The date you move back in is considered another «change in use» by CRA and could affect the taxes owing when the home is sold.
When your home is sold, you will need to pay off the reverse mortgage balance.
Lenders can take legal action to recoup money from the homeowner if a foreclosed home is sold for less than the amount owing on the mortgage.»
A release from the association says a record 12,969 homes were sold last month in B.C., a 30 per cent increase over the same period last year.
If you're selling your home yourself, be sure to include these keywords, but only if they apply to the home you're selling.
When you die or move and your home is sold, almost all of the money would go to CHIP.
So, the private mortgage company that did not report the mortgage continues to mess with your credit for five years after the foreclosured upon home is sold.
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