Sentences with phrase «available equity in your property»

Finally, there must be enough available equity in your property.

Home equity lines of credit also come with higher credit lines, although these are dependent on the available equity in the property.

Borrowers who possess good credit and have available equity in your property, and then you may qualify for our prime rate HELOC.

You can borrow as little as $ 15,000 or up to $ 750,000 (up to $ 1 million for properties in California), depending on your credit history, available equity in the property and your current monthly debt.

Not exact matches

They are using their increased equity in their farms to expand and buy when they can — when the properties are available.

Home Equity Loans are available only on property in Texas.

The fact that there is equity available on a property provides tranquility to a lender even if the property is not used as collateral because the lender knows that in the event of default, even though the mortgage lender has privileges over the property, he can still collect from the remaining amount produced by the sell of the property if the balance on the secured loan does not exceed the value of the property.

In essence, a reverse mortgage is loaned to the homeowner against the available home equity in the property as the term «home equity conversion loan» is often useIn essence, a reverse mortgage is loaned to the homeowner against the available home equity in the property as the term «home equity conversion loan» is often usein the property as the term «home equity conversion loan» is often used.

They purchased their property in Vancouver, BC in early 2008 and opted for the Variable Rate Mortgage at that time at a rate of Prime plus.80 % (which was a great rate at that time), with equity built up in the home and available Variable Rate Mortgages today at Prime minus.70 % or more — the refinance made sense.

In an era of rising unemployment income is not a barrier to reverse mortgages — such financing does not require monthly payments and the financing is based on the value of the property and available equity.

Alternatively, borrowers who prefer a lower interest rate can include the closing costs into the balance of the new mortgage — this move requires sufficient equity available in the property.

Home Equity Credit Lines are available in all states except for Texas: Additional loan limitations may apply for high cost properties located in California, Florida, Maryland, New York, Texas and Washington.

Mortgage and home equity products offered in the U.S. by HSBC Bank USA, N.A. and are only available for property located in the U.S. Subject to credit approval.

Mortgage and home equity products are offered in the U.S. by HSBC Bank USA, N.A. and are only available for property located in the U.S. Subject to credit approval.

The built - in add - on option is identical in every other respect to the mortgage add - on option, and still requires an up - to - date property appraisal to determine how much equity you have available to borrow against.

Private lenders just simply require that there is equity in the property and they don't look as much at your income and your ability to pay as they do the equity that's available in the property,» says Samaroo - Tsaktsiris, who often acts for those lenders.

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

To attempt to curtail this type of practice, the Law Society has held that real estate lawyers should know or «ought to have known» that these property flips were dishonest because of the sharp increase in the price of the property when it was resold, and the fact that the mortgage is significantly larger than the equity available in the original purchase.

He then decided to restructure his property portfolio in South Africa through selling non-performing assets and re-financing assets with available equity.

There is some sense in the market that both debt and equity capital is becoming less available for retail properties than 12 months ago.

For reverse mortgages that are subject to the Rule, a loan originator's compensation may be based on either (a) the maximum proceeds available to the consumer under the loan; or (b) the maximum claim amount (if the mortgage is an FHA - insured Home Equity Conversion Mortgage subject to 24 C.F.R. part 206), or the appraised value of the property, as determined by the appraisal used in underwriting the loan (if the mortgage is not subject to 24 C.F.R. part 206).

Typically most lenders only offer recourse financing, as they are taking a risk on the borrower, but Growth Equity Group has non-recourse financing in place for all its available properties.

Get FREE new listing alert and full analysis report on the situation of your favorite areas, find out what property types and in which neighborhoods you can make the smartest real estate investment, calculate how much equity you can expect to gain on your future home and see the latest available properties.

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Motivated home sellers with equity may find they have a window of opportunity in the coming months in those communities where there are more buyers than there are move - in - quality properties available.

So the only viable protection is HELOC à cents  $  ¦ having 80 % of equity of your property (that is paid off in my case) available as a line of credit and ready to be dispatched wherever its safe in case charging order gets you or some equity stripping ploy à cents  $  ¦ which hmmm as you all see is not super clean / safe approach to protect your assets.

You may have a scenario where there is no cash («zero equity») left or available in your investment property.