Sentences with phrase «appraised selling price»

By dividing debt value with current appraised selling price, potential lenders get the loan to value ratio.

This is achieved by dividing the total value of debts against the current appraised selling price of a property.

They will divide total debts owed by the current appraised selling price of the house to get LTV.

A property's LTV can be found by dividing the value of the registered mortgages by the appraised selling price of the property.

A private lender will first look into the equity and the appraised selling price of the property.

This is known as equity and can be obtained by subtracting total debts from the appraised selling price of the house.

By dividing secured debts against appraised selling price of property, they get the loan to value ratio, which shows what percentage of the home you own.

The LTV of a given property is equal to the property's existing mortgages divided by its appraised selling price.

Not exact matches

LTV is obtained by dividing the total value of mortgages on a home by the selling price most recently appraised.

If the inherited Edmonton home was appraised at $ 350,000 (at the time of inheritance), but your wife sold it for $ 400,000, she would owe capital gains tax on the $ 50,000 profit (the difference between the FMV and the sale price).

If a home similar to yours in the same neighborhood sold for $ 250,000 last week, appraisers will generally appraise your property at or near that price.

The value of your interest should be determined by rationally appraising the business's prospects, and you can happily sell when Mr. Market quotes you a ridiculously high price and buy when he quotes you an absurdly low price.

Keep in mind, however, that the tax assessment likely will be lower than appraised value because it isn't the market value or possible selling price for your home.

Do remember that an appraised value is not the same as a selling price; the appraised value could be lower.

The selling price could be higher or lower than the appraised value.

In an upcoming blog post on Mason Hawkins I included this quote about selling: «We sell for four primary reasons: when the price reaches our appraised value; when the portfolio's risk / return profile can be significantly improved by selling, for example, a business at 80 % of its worth for an equally attractive one selling at only 40 % of its value; when the future earnings power is impaired by competitive or other threats to the business; or when we were wrong on management and changing the leadership would be too costly or problematic.»

Commercial galleries tend to set the prices of contemporary artworks, so your best bet is to do a web search to discover which Chicago galleries sell work like yours, and to approach them directly about appraising your artwork.

Real Estate Agent • Take information from clients regarding their need for buying, selling, leasing and renting • Look through company database to determine if similar properties are available in needed categories • Compare prices and chart out the best possible solution for clients, based on their individual needs • Appraise properties using local comparison charts and discuss cost of maintenance and repair • Visit sites to determine suitability for clients and show properties that are deemed suitable • Create effective and meaningful relationships with clients for further purchase and sale purposes • Provide clients with financial assistance solutions and ensure that appropriate background checks are carried out • Educate clients on equity in their property and refinancing options • List properties for sale or purchase in local newspapers and respond to calls for information • Assist clients through the payment procedures and indulge in negotiations • Ascertain that all paperwork involved is in order and that any discrepancies are managed before a transaction is carried out

For example, in a «sellers» market», or when there are multiple offers on a home, an inflated selling price above the appraised market value can result.

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.

When the average appraised value is $ 300,000, the low selling price could easily be $ 285,000 and the high price $ 315,000.

Oh, yes — the house appraised for the selling 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.

I sold the house for the appraised price.

The loan amount divided by the lesser of the selling price or the appraised value.

LTV measures what percentage of a property's appraised value or selling price (whichever is less) is attributable to financing.

With such heavy reliance on a parent's asset to fund a child's home, what happens when the newly bought home is not appraised for the purchase price — which is rather common — or when an adult child's home loses value during a downturn, and does not sell for enough to repay an aging parent's retirement savings?

The appraised value is equal to the market value, which is the price of the house if sold on the open market.

Bronson v. Algonquin Lodge Assn., Inc. (295 A.D. 2d 681)-- broker entitled to commission where broker establishes that owner agreed to sell its property at the full appraised value and that broker produced a ready, willing and able purchaser at the price set forth in a formal written appraisal of the property; owner, a not - for - profit corporation, fails to establish that the listing agreement violated either its constitution or Not - For - Profit Corporation Law § § 509 and 510 which govern the sale of real property, not the execution of the listing agreement

Upset price - A minimum price set by a court in a judicial foreclosure, below which the property may not be sold by a court appointed commissioner at public auction; the minimum price which can be accepted for the property after the court has had the property appraised.

Reduce the price of the house to the appraised value As the seller, you can always sell the house at the appraised value without negotiating with anyone.

Basically, they must be sold by law for 100 % of list price (appraised value) for I believe 120 days

I was number five, and last, to appraise; I appraised at very close to the selling price, because «that» was market value.

Again this relates to all sales including FSBOs, where a 2.5 % realtor service fee plus a 95 % of appraised value should be the registered selling price used for financing.

«Everybody's jaws dropped» when the appraised value came in at the full, agreed - upon selling price,» says Ackerman.