Sentences with phrase «older homeowners also»
Older homeowners also may desire a simplified layout that makes it easier to get around and requires less upkeep and maintenance.
http://www.westchestermodular.com/ Not exact matches
If your house has appreciated significantly, you might also consider a reverse mortgage, which enables homeowners age 62 and older to convert part of their equity into cash.
For future homeowners preparing to close on a foreclosed or older home, a professional inspection can also reveal the condition of whatever is inside and outside of the house.
Senate Majority Leader John Flanagan on Tuesday also unveiled a package of tax cuts aimed at businesses and older homeowners.
If you are a homeowner aged 62 or older and you are considering a reverse mortgage (also known as a home equity conversion mortgage or HECM), then you might find this information interesting.
Also known as a HECM (Home Equity Conversion Mortgage) is a financial tool that was created specifically for homeowners 62 or older to allow them to:
A reverse mortgage, also known as a home equity conversion loan (HECM), is a tool designed to help eligible homeowners 62 years and older to access the equity in their homes.
A reverse mortgage loan can help some older homeowners meet financial needs, but can also jeopardize their retirement if not used carefully.
Owning your home free and clear would also be a big help in stretching your retirement income, but about 37 % of homeowners age 65 and older are still paying off a mortgage.4 If you foresee your mortgage being an issue in your retirement years, you may want to examine options to pay it off early, reduce payments, or otherwise modify the terms.
Averages are based on a 45 - year - old married female with a previously clean driving record who commits one traffic driving violation in a 12 - month period, drives a 2012 sedan, is employed, has a bachelor's degree, excellent credit score and had no lapse in coverage with the following limits: $ 100,000 (bodily injury per person) / $ 300,000 (bodily injury per accident) / $ 100,000 (property damage per accident), $ 10,000 (personal injury protection or medical payments) and a $ 500 deductible for comprehensive and collision.Some car insurers may overlook a traffic ticket if you also have a homeowners insurance policy with them, says Michael Cicero, a traffic attorney in Ohio.
Homeowners insurance varies depending on whether you own a single - family home or a condo — and also whether your home is manufactured, old or historic.
Under the old law, a homeowner could also deduct the interest on up to $ 100,000 of debt secured by a home that was not used for acquisition.
Homeownership rates in the first quarter were also highest among homeowners aged 65 and older, at 78.6 percent, and lowest for homeowners aged 35 and younger, at 34.3 percent.
In addition, when compared to older homes, newly constructed homes offer many superior features and amenities that improve the overall quality of the homeowners» lifestyles and also boost future resale values.
What makes these loans potentially toxic for lenders and the government also makes them attractive for borrowers: a homeowner who is at least 62 years old gets a lump sum of money, a line of credit, or monthly income from their reverse mortgage, and potentially does not have to repay the loan for decades.
Painting the walls gives you a chance to have the space reflect your style, and it also covers all of the dirt marks that came from the old homeowners.
Previous homeowners had also tried to make it look more «Victorian» by adding the dormer windows and such, but I KNEW this sweet old house was a bungalow.