Sentences with phrase «appraised at higher value»

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.

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.

With a home addition, a new kitchen, upgraded bathrooms or big project completed, it's very likely your home will appraise at a higher value than it did before you remodeled.

Not exact matches

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.

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.

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

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.

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

However, some metro areas in the Northeast and the Midwest regions reported appraised values lower than owner estimates at a higher rate than the national trend.

- The cost of originating a loan is VERY high when you take a percentage of cost / appraised value at the lower property values.

If a consumer does not know a GREAT Buyers agent saves their clients $ 10,000's of dollars because the agent could advertise such with full backup or a GREAT Sellers Agent sells their homes $ 10,000 higher than a similar $ 199 listing based on APPRAISED VALUE AT THE TIME OF LISTING, then comments like yours will remain in effect.

In a high - profile case in Calaveras County, a homeowners association, exercising its right to nonjudicial foreclosure, auctioned off the home of one of its members — for nonpayment of association dues — at well below its appraised value, according to American Homeowners Resource Center, an association watchdog group.

When it comes to giving green homes a higher value at sale, it's been said, «If Realtors can't sell green homes for more money, appraisers can't appraise them for more money.»

The fact that your property is rented quickly at the highest rental rate in the neighborhood has little to know impact on the appraised value of the property.

I was able to refinance at an appraised value 60 % higher than my purchase price in two short years without any major upgrades!