Sentences with phrase «at least enough equity»

Funds from the reverse mortgage are used to pay off the liens first, so there needs to be at least enough equity to cover this amount.

Not exact matches

Other economists don't agree that you need $ 350,000 to be considered rich, however an amount of money that exceeds $ 200,000 per year is enough for a family to lead a more than comfortable lifestyle; this means having the chance to live in a big house, send the kids to private schools, have enough money to travel internationally, own at least 2 cars, and have no debt except a mortgage which will help them build equity.

But if the stock market continues its retreat and enters a 10 percent correction phase, as many Wall Street forecasters predict, investors will be looking for return, at least until they get brave enough to start buying the equity dip.

On the other hand, if someone has enough in their account to handle a four percent withdrawal and they need to live on four percent, then a market pullback for a 100 percent equity portfolio will have a substantial affect on retirement plans at least in the near future.

Secondly, lenders reduced their risk exposure because the rising market provided equity to the homeowners, which was enough collateral to refinance the loan to a lower payment option (or new teaser rate) to avoid foreclosure, or at the very least, sell the property for a small profit.

Then again, there are many risks that Wall Street takes on where the probability of ruin is high enough to happen at least once in a lifetime, but adequate capital is not held because protecting against the meltdown scenario would make the return on equity unacceptable.

I can not tell you guys with enough emphasis how important your trading journal track - record is, except to say that if you don't keep a trading journal or at least regularly analyze your trading history and equity curve, you are extremely unlikely to ever make consistent money in the markets.

However, an ideal holding period for equity mutual funds is at least 5 - 7 years as that is generally a good enough period to smoothen out volatility.

Some recent private equity deals are even dipping below a one - to - one ratio, bankers say, meaning the company, at least initially, will not generate enough cash to make interest payments.

A: You must own a home, be at least 62, and have enough equity in your home.

Strategy / Big Picture: Flip properties wholesale and accumulate enough cash to buy properties financed or «subject to» the existing mortgage with at least 25 % equity and $ 300 REAL cash flow or buy a multi-unit complex or mini storage.

While 10.7 million residential homeowners nationwide owe at least 25 percent or more on their mortgages than their properties are worth, another 8.3 million homeowners are either slightly underwater or slightly above water, putting them on track to have enough equity to sell sometime in the next 15 months — without resorting to a short sale.