Sentences with phrase «appraised price»
The phrase "appraised price" refers to the value or estimated worth of something as determined by an expert called an appraiser. This value is often based on factors like market conditions, quality, and demand. Full definition
Loan to value references the total of mortgages divided by appraised price of a property.
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As housing values rise sometimes it is best to refinance with a new loan for the current appraised price.
If you ask me, based on what you've shared, I ask the owner to sell at appraised price, since as far as I'm concerned, that's what it's worth.
LTV is calculated by dividing the value of mortgages by the most recently appraised price of a property.
The county's appraised price for the site is $ 584,000, aside from environmental remediation costs.
Private mortgage lenders in Milton look at the home's debts and appraised price when deciding whether to lend.
To find the amount of equity, they must subtract the debts on a home from its most recently appraised price in the market.
CW said they wanted the newly appraised price which was $ 5k more than the original asking price and the full closing.
Home equity lenders must calculate a metric known as loan to value, which is equal to the value of total debts divided by the current appraised price.
LTV is obtained by dividing the total of mortgages on a house by its most recently appraised price.
The county attorney says that offer is actually to accept the county's appraised price, plus environmental expenses, for the property.
If the appraised value is lower than what you offered, this can cause trouble, since your lender will offer you a mortgage only at the appraised price.
To calculate LTV you have to divide the value of existing debts by the appraised price of your house.
To do this they must evaluate the LTV by dividing the value of debts by the appraised price.
The LTV is obtained by dividing property debts by its appraised price.
The loan to value ratio is calculated by dividing debts by the appraised price of property.
They have to calculate a value known as loan to value (LTV) ratio by dividing total debts by the appraised price of the home.
To approve a mortgage a private lender will look at the mortgages registered on the property and the appraised price of the property.
It is obtained by calculating the value of all mortgages by the appraised price of the house.
If dividing loans by the appraised price of a home they get 85 % you are eligible for a loan.
After dividing the value of loans by the appraised price of a home, our lenders will loan up to 85 % LTV on the property.
This value is calculated by dividing a property's debts with its appraised price.
Tax assess values are only updated once a year, and they typically don't take local comparables into account when determining a home's appraised price.
Private lenders divide the debts on a property by its appraised price to get its loan to value ratio.
This metric is calculated by dividing total value of debts on a home by its appraised price.
Loan to value helps lenders make this determination by dividing property debts by the appraised price.
Equity is the stake remaining after all mortgages have been deducted from a home's appraised price.
This is settled based on how much debts you have on the property and its appraised price.
This is the total of debts divided by its appraised price.
They only need to divide the total of debts against the house and divide this by the appraised price to measure LTV, which should not exceed 85 %.
I hit the appraised price very close in my estimate, high or low compared to Zillow, but used transaction data from there.just my thought.
You should know if the appraised value of the home is under the sales price, the required money down will be the appraised value plus any required adjustments, plus any difference between the sales and appraised prices.
Once the homes are rehabbed, they're sold at the appraised price; the difference between the appraised price and the cost is granted to the buyer as a «soft second» mortgage — no interest, no payment, and self - amortizing over seven years, if the buyer stays in the home.
Appraised price (AP): The price the third - party relocation company offers (under most contracts) the seller for his or her property.
Listed below 2016 appraised price.
I sold the house for the appraised price.
Tax assess values are only updated once a year, and they typically don't take local comparables into account when determining a home's appraised price.