Sentences with phrase «because lower property values»

Not exact matches

Income and property taxes paid are lower than in most states because median income and median home values are near the bottom of the list.

But property taxes paid in Iowa are lower than in half of the states because of Iowa's low median home value.

However, because of the relatively low home values in Mississippi, the total annual property tax payment in Mississippi is just $ 841, which ranks as the sixth - lowest payment in the country.

At JWB, we invest in the Jacksonville, FL market because of the lower property value to high rent opportunity.

It's also a good alternative if the real estate market experiences a downturn, and you find yourself unable to sell a property because of the low market value.

Avella, however, called it a short - term fix that would only hurt farmers in the end because it could potentially lower property values and rid farmers of their poultry, livestock and dairy.

We all bought these houses because the houses were nice but inexpensive (thanks to lower property values) and because none of us had children at the time.

Because white middle class families who represent a large portion of the housing market are reluctant to pursue homes in black neighborhoods, property values tend to fall if a neighborhood becomes majority black and remain low compared to white neighborhoods (Fletcher, 2015).

she can not even get home equity loans to make proper internal repairs because the value of the property is now so low since it was all published in local papers as well.

Quite a number of people prefer to buy real estate from such auctions because the value of the property is considerably low as compared to its market price.

There's good news, however, for homeowners whose home - equity credit lines» limits have been lowered because of declining property values.

They were thinking about moving into neighbourhood A and how they're looking at neighbourhood B or simply a lower value property because they won't be able to afford the payments.

«In some cities that have low property values, where there are dense concentrations of foreclosures, you see lenders who file foreclosure proceedings but don't actually take control of the properties, because the lenders have to maintain them and pay taxes on them.»

We believe that everyone should have replacement cost coverage, because the actual cash value of your property is generally much lower than you'd expect it to be.

Canadian commercial real estate «deals» are properties that are mismanged, can be acquired for less than market value because the rents are low, and then turned around quickly by raising rents with a better management team.

The lower the Loan - to - Value ratio the better because it gives some protection against the risk of a decline in property or home values (prices) which can adversely affect the MIE if it has to pay for expenses associated to selling the property that has been used as collateral such as legal fees, realtor commissionsCommissions What you pay to a broker or agent for their services.

My guess is he is not alone and many who could pay their mortgages are walking because it is easier to walk — making the situation worse for taxpayers and lowering their neighbors property values.

This is because they are guaranteeing a loan on a property, and they want to ensure the value of the property doesn't end up being significantly lower than the value they've guaranteed.

«Also, the properties will hold their value better, and your expenses will be lower because higher quality tenants will take better care of their home (your property)»

In many cases these rates are lower than a credit card APR or personal loans because the value of your property is used as collateral.

Because once the market crashed, these $ 300,000 properties dropped in value significantly, sometimes as low as $ 50,000, and were taken back by the banks!

Typically, premiums for policies covering property insured on an ACV basis are lower because the limits only include the depreciated value.

Actual cash value in renters insurance property coverage is less expensive than full replacement cost because the payout on a claim is lower.

There's always a fear that a property you've listed for sale is going to be viewed at a lower value because of surrounding properties and their condition, or because of bad neighbours.

The high price / low cap rate environment is also pushing investors to look for bigger returns in new development deals, value - add acquisitions and properties in secondary markets, such as Raleigh, N.C., Charleston, S.C. and Tampa, Fla. «What we really see is value - add picking up, because with minimal capital you can get a property up and going and get a little bit higher rental rate and a better ROI than you can by putting a shovel in the ground and waiting 19 to 36 months to see it come to fruition,» says Ressler.

But I think we would make up for it because the value of properties is incredibly lower in Las Vegas.

The reasoning was that the couple was aware that they would have to incur additional costs to construct a home before they even began, and they would also have to deal with environmental issues that would lower the value of the property because of the stigma of prior use.

«But some property values haven't rebounded to pre-recessionary levels because they have vacant space or they're leasing at lower rates.»

In addition to considering home values, financing trends, and income rates in an area, Lending Tree considered how many borrowers in the areas «friendly» to first - time buyers have «less than prime credit (below 680),» because areas with lower credit ratings in general would be likely to have less competition for properties than areas with relatively high credit ratings.

(Beware: internet or «online evaluations» as they're called, can be as much as 20 % off both high and low because there is is no one there adding or subtracting value for missing amenities, property condition, and improvements.

The area was good because of the schools, the higher property values in general and the lower number of foreclosure which is a BIG deal if you are trying to flip.

In part because of those low home values, homeowners in general pay very low annual property taxes.

Property values jumped in the past year in most major markets primarily because of rising prices fed by low interest rates and tight inventories.

Because market conditions change rapidly and property values in your neighborhood might be much higher (or lower) than when you bought your home, you need to have your property's value appraised when refinancing.

The property tax rate in Hawaii is the lowest in the country but because of Hawaii's sky - high home values, the annual taxes paid by Hawaiians are closer to average.

The plaintiffs in the suit claimed that those estimates injured them as they tried to sell homes because Zillow gave their properties lower values than the asking price.

Because many appraisals are done on a drive - by basis, your assessor may have overlooked defects that could lower your property value, such as a wet basement or cracked walls.