Sentences with phrase «potential purchase price of home»

FIXED RATE Potential purchase price of home: $ 400,000 Potential down payment: $ 50,000 Total loan amount: $ 350,000 Interest rate: 5.75 % for 30 years Monthly Payment: $ 2,042.00

Potential purchase price of home: $ 400,000 Potential down payment: $ 50,000 Total loan amount: $ 350,000 Cost of one point to buy down the loan: $ 3,500 Monthly payment with no points at 5.75 % interest: $ 2,042.00 Monthly payment with one point at 5.25 % interest: $ 1,932.71 Savings by paying one point up front: $ 109.29 monthly; $ 1,311.48 annually; $ 39,344.40 over a 30 - year loan term

Not exact matches

They calculate how an increase in rates will slow home purchases as more and more potential buyers are priced out of the market.

Definition of Replacement Cost Value: The replacement cost is usually calculated using the initial price tag paid for the items or the cost of physically building the home when it was purchased, regardless of any potential depreciation.

• Prepare documents such as representation contracts, purchase agreements, closing statements, leases, and deeds • Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting based on current market conditions • Conduct quarterly seminars and training sessions for sales agents to improve sales techniques • Advise sellers on how to make homes more appealing to potential buyers increasing average selling prices by 16 % from initial appraisals • Evaluate mortgage options helping clients obtain financing at the best rates and terms

Alex Perriello, president and CEO of Coldwell Banker, says, «Many other demographic groups are interested in purchasing or selling a vacation home, but baby boomers have the strongest buying potential, and their high incomes are driving home sales and real estate prices.»

I think home staging could work either way, it really adds to the wow affect when the potential buyers first visit the home and if they are of an impetuous nature the staging may help in fetching a higher purchase price for the property but if the buyers are of a frugal nature it could go the other way.

One - third of vacation buyers plan to use their property for vacations or as a family retreat, 19 percent plan to convert their vacation home into their primary residence in the future, and 13 percent bought for potential price appreciation; the same share purchased because of low real estate prices and because the buyer found a good deal.

Lastly, in addition to the HomePath Mortgage by Fannie Mae, you also have the potential receive the 3 % of the purchase price required for your down payment through the Home Path Ready Buyer program.

If a potential buyer is presented with a higher asking price before that buyer has been able to calculate how much he would be willing to pay for the home, the buyer's estimate of a reasonable purchasing price will be higher than it would have been had the buyer been shown a lower initial asking price.

«Builders are reporting increasing demand for new homes as inventories of foreclosed and distressed properties begin to shrink in markets across the country,» says NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. «In view of the tightening supply and other improving conditions, many potential buyers who were on the fence are now motivated to move forward with a purchase in order to take advantage of today's favorable prices and interest rates.»

Eighty - six per cent of potential first - time buyers say low interest rates make them more likely to purchase a home; 81 per cent cite lower housing prices as a motivating factor; while 76 per cent cite job security; and 64 per cent say a stable economy is an important factor in their decision to buy.