Sentences with phrase «at 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.
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.

Not exact matches

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.
I intend to appraise and price at as if a 110k car.
Private mortgage lenders in Milton look at the home's debts and appraised price when deciding whether to lend.
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).
Having the home appraise for at least the purchase price is key when building closing costs into the sales contract.
To approve a mortgage a private lender will look at the mortgages registered on the property and the appraised price of the property.
If your house is appraised at a lower price than the price you paid, you and the seller will need to abide by the contract you and your Realtors have negotiated.
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).
«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.
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.
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.
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).
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.
This means that you, the buyer with an FHA mortgage, can not be forced to follow through with the purchase in the event that the property does not appraise for at least the sales price, no matter what language the rest of the contract contains.
Say the sales price of a mobile home is $ 60,000, and the mobile home appraises at $ 55,000, you now have a foot to stand on in when making a counteroffer.
HUD homes for sale will typically already have an appraisal on the property so any offer over the HUD list price will probably also be over the current appraised value and then «cash would be required at closing» to make up the difference.
We are now at the end of escrow with one hurdle left... the appraiser has to clearly let the lender know why we are purchasing this house for so much more than the listing price (Countrywide would not accept our first offer @ 70k less than the appraised value) but our offer was accepted at 25k less than the appraisal.
Say the sales price of a manufactured home is $ 60,000, and the manufactured home appraises at $ 55,000, you now have a foot to stand on in when making a counteroffer.
Since the bank appraiser appraised the home at almost exactly the purchase price, that seems like it maximizes the amount I'll have to pay in PMI.
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.»
Cindy Bahr, hospital administrator at Warner Center Pet Clinic in Woodland Hills, Calif., says she and an associate veterinarian tried to buy out the current owner, but an agreement couldn't be made when the practice was appraised at two different prices.
The law offices at Price Benowitz offer a free initial consultation for you to appraise your legal options.
He is making extra payments on his home and it has been appraised at a value $ 4,000 above original purchase price.
At Rebecca's advice we made an offer over list price for our new home - I think the aggressive offer helped a great deal in securing our home in a very hot market - and the offer still came in below the ultimate appraised value.
This makes no sense to me # 1 - all of the rental properties I had these same issues and it was never brought up b / c it appraised at sale price # 2 - All older homes will have these deferred Maintenance.
«I don't think this will appraise at full price.
I understand Homepath eliminated its financing program, so I don't understand their logic in pricing homes far above what a property would appraise at.
Further, even if you do manage to land a buyer at your price, his or her financing is more likely to fall through during the sale if the house will not appraise.
Essentially, a licensed appraiser must determine the home's appraised value, which will ideally be at or above contract price.
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.
Fortunately, the home appraised at the purchase price.
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.
Here at TrailRidge Realty we will work with the appraiser to review comparable sales and help ensure that the property appraises for the contract price.
I was number five, and last, to appraise; I appraised at very close to the selling price, because «that» was market value.
I would feel like a weak negotiator if I couldn't at least get them to meet me in the middle, between the appraised value and the original purchase price.
And in that first six months, using the «delayed financing exception,» you can go right up to the purchase price in terms of loan amount, if and only if the appraised value puts that at the needed LTV (eg, you purchased all cash for $ 100k and the appraisal is at $ 140k).
«Everybody's jaws dropped» when the appraised value came in at the full, agreed - upon selling price,» says Ackerman.
I was able to refinance at an appraised value 60 % higher than my purchase price in two short years without any major upgrades!
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