Sentences with phrase «appraised at a value»

For example, if a home is appraised at a value of $ 750,000 the maximum amount that can be charged for an origination fee is $ 6,000.

He is making extra payments on his home and it has been appraised at a value $ 4,000 above original purchase price.

When 99 in 100 homes are APPRAISED at the VALUE established by the BEST # 1 home of the 100, Housing Bubbles inflate more rapidly.

The property, which was appraised at a value of $ 87 million in 2010, sold for $ 9.4 million in January to Hull Property Group, an Augusta, Ga. - based operator that has spent the last decade bringing distressed malls back to life.

For example, if a home is appraised at a value of $ 750,000 the maximum amount that can be charged for an origination fee is $ 6,000.

Not exact matches

I'd start by giving her 5 % in stock options at the current appraised value.

One of his clients, for example, a construction company whose stock value was recently appraised at $ 15 million, kept $ 9 million in CDs at a local bank, earning just 3 % in annual interest after taxes.

There was one return that I worked on where someone purchased some hideous looking yard sculptures, let them sit around for several years, had them appraised at pretty high values and then donated them to some organization.

In appraising Dash's performance it is useful to look at Metcalfe's Law, which values social media assets based on a formula of network size.

When borrowers request a loan for an amount that is at or near the appraised value, and therefore a higher loan - to - value ratio, lenders perceive that there is a greater chance of the loan going into default because there is little to no equity built up within the property.

Morgan Stanley has created a framework to appraise and quantify the value of gender diversity at work and in the marketplace.

Your property is appraised for tax deduction at its current market value, not what you originally paid for it.

This kind of mortgage requires that you make a down payment of at least 25 per cent of the appraised value, i.e. if the appraised valued is $ 200,000, a down payment of $ 50,000 or more is required for it to be considered conventional.

At any one time, the psychological influences (i.e., how the financial community is appraising these more fundamental matters of intrinsic value) will cause the price of the particular stock to be anywhere from well above this line to well below it.

To hedge the loans that they issue, banks generally appraise eligible receivables and finished inventory at 70 % to 80 % and 50 %, respectively, of their market value.

As for Wenger, he's been at the club for 21 years and his earnings have only increased with each new contract over the years, in line with his peers, trends and value placed on his work by the owners who also appraise him.

The median Nassau County property was appraised at 90.8 percent of its value in the year before Mangano's reforms.

are appraised based on their «At Auction» value, but then sold on their used car lot.

Corvette Appraisals: With rapidly changing Corvette values, make sure your insurance coverage keeps up with your Corvettes value by having it appraised online at VetteFinders.com.

TRADE - IN Appraised at Cash Value!

As many found out in the housing bust, sometimes houses won't sell at their appraised value.

a) The loan is limited to a combined LTV (FHA insured first mortgage and any subordinated lien) of 85 % of the appraised value, provided the borrower has owned the property for at least one year.

Unlike a home inspector, who looks for defects that could cost the buyer money down the road, an appraiser looks at home components that contribute to its value — mostly location, square footage, number of bedrooms and bathrooms, and overall condition, says George Alexa of Alexa Residential Appraisal in Fairfax Station, VA, who has appraised more than 16,000 properties in the past 30 years.

Under the Homeowner's Protection Act (HPA) of 1998, you can request PMI be removed from your mortgage when the balance on your loan reaches 80 % or less of the home's original purchase price or appraised value at the time of purchase (whichever is less).

This option not only allows you to start a new mortgage at a lower interest rate, but let's you add additional funds to the borrowed amount — up to 80 % of your home's appraised value.

At higher values, you'll want to have the item appraised and get a personal articles floater policy.

I am told that I do not qualify for the FHA secure because my house does not appraise out at the value on my loan - and I am not 3 payments behind.

You have to be at least 55 to get a reverse mortgage, and your borrowing capacity is limited to 50 % of the home's appraised value, depending on age and location.

«FHA will determine when a borrower has reached the 78 % loan to value ratio based on the lower of the sales price or appraised value at origination.

If you or your heirs choose to keep the home, the loan will have to be repaid at 95 percent of the home's current appraised value.

However, if the borrower receives more than $ 250 cash at closing, the loan is limited to 85 percent of the sum of the appraised value and allowable closing costs.

If the heirs want the house, they can repay the reverse mortgage loan at 95 percent of HUD's appraised value minus closing costs and the Realtor's commission.

For example, if the lower of the sales price or the appraised value at origination was $ 100,000, when the loan amount reaches $ 78,000, FHA will no longer collect annual mortgage insurance premiums on the loan.

For the government - insured Home Equity Conversion Mortgage (HECM), the maximum reverse mortgage limit you can borrow against is $ 679,650 (Updated January 1, 2018), even if your home is appraised at a higher value than that.

The MIP charge at closing is calculated on the lesser of the appraised value of the home or the HECM loan limit, which is currently $ 679,650.

This means the property has been appraised with a market value at the current state, or as - is.

For example, if your loan value is $ 175,000, and your home (or the home you intend to purchase) appraises at $ 250,000, the LTV would be 70 %.

In the event the loan balance is greater than the value of the home, the borrower can either arrange to voluntarily turn over ownership of the property to the lender (Deed in lieu of foreclosure), or buy the home at 95 % of the appraised value.

At Utah First, you can borrow up to 125 % of the appraised value of your home for home improvements and up to 100 % for any other major expenses.

So, if you agree to buy a home for $ 150,000, and the appraiser puts the value at $ 140,000, the lender isn't going to give you a dime more than the appraised value.

Note: there is a maximum cap at $ 6,000 however, regardless of the home's appraised value.

We buy a business at $ 20 / share, which is 50 % of what we believe is its $ 40 appraised value.

There's just one problem: Your lender refuses because your home has been appraised at too low of a value.

This means that regardless of the loan balance, you and your heirs will not be responsible for repaying more than the home's appraised value at the time the loan becomes due and payable.

All FHA borrowers are required to make a down payment of at least 3.5 % of the sale price or the appraised value (whichever is less).

If the value of your inherited property sends the total value of assets over the limit, the estate tax is calculated as a percentage of the property's appraised value at the time of the original owner's death.

Insofar as portfolio companies own income - producing real estate (as many TAM portfolio companies do), the real estate accounted for under IFRS is carried at an appraised value based on appraisals by independent appraisal firms; under GAAP income producing real estate is carried at depreciated historic cost less impairments.

ITC - type analysis seems especially useful in appraising financial institutions (such as Keycorp and Comerica) and income producing real estate (especially non-US real estate where income producing assets are carried in financial statements at independently appraised net asset values such as is the case in Hong Kong, China, Canada, England and Germany).

The homebuyer's lender appraises the property at a value significantly lower than the agreed - upon purchase price.

If the seller balks at this idea, and you absolutely love the house, you can consider paying the difference between the purchase price and the appraised value in cash, through a higher down payment.