Sentences with phrase «because property values»

SMU sold real estate holdings because the property values had «increased significantly over time,» Kent Best, a school spokesman, said in a statement.
«We're throwing a life line out to those families who are current on their mortgage and are experiencing financial hardships because property values in their community have declined,» said FHA Commissioner David H. Stevens back in August.
We live in a small house compared to the Jones» but we can't afford to upgrade because property values have skyrocketed and income hasn't kept pace.
When the Short Refinance program was first introduced, FHA Commission David H. Stevens said «We're throwing a life line out to those families who are current on their mortgage and are experiencing financial hardships because property values in their community have declined.
Olsen says Atlanta has lots of modest - priced homes because property values tanked during the recent housing bust and have yet to fully rebound.
Because the property value trend appears to be declining in many parts of California, we recommend that Los Angeles homeowners seize the present opportunity to refinance their adjustable rate mortgages into a fixed rate loan that is more affordable.
You won't need to get and pay for a home appraisal, because the property value isn't an issue.
Because the property value from an AVM is usually good enough to fit the bank's needs, Linsin says.

Not exact matches

That's because starter homes are rising in value faster than luxury properties, and have been for at least five years, a report released Friday showed.
Imagine if you found out your real estate broker had priced your home for $ 50,000 below market value because she thought it would generate more interactions with buyers for her other properties?
Although Lendy said its due diligence team had been strengthened this year, it told investors last week it was suspending a # 3.4 million loan on Westbury Castle Estate, because of an «adverse opinion» on the property value, according to The Telegraph.
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.
In an interview, Kolko said property values in oil - rich markets often mirror drops in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.»
Property taxes paid also are relatively high because the median home value and tax rate are higher than in more than half of the states.
However, many Maryland homeowners pay at least $ 3,000 in property taxes per year because the state's median home value is close to $ 300,000.
When borrowers request a loan for an amount that is at or near the appraised value, and therefore a higher loan - to - value ratio, lenders perceive that there is a greater chance of the loan going into default because there is little to no equity built up within the property.
If a property is sold at a higher price (as usually is the case), is it because the building itself rises in value, or the land site?
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.
This is the property that went down in value nearly $ 100K because of the housing crash.
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.
In the event of a default the property is sold and the bank gets all its money back because they are in a full equity position, the amount lent is less than the total value of the asset so they are only out the time it takes to get the property sold.
American workers are more confident in their ability to retire comfortably than they have been since before the financial crisis — not because they're better at planning, but because stock market returns and property values have climbed.
I believe there's a 20 % chance I can snag a property for 5 % — 10 % below fair value because that's exactly what I did when I bought my current residence in 2014 from a 72 year old part - time realtor who didn't live in SF.
It is the Registrant's view that Bitcoins should not be regarded as coins, or otherwise as collectibles, for purposes of section 408 (m), because Bitcoins are a virtual, rather than a fiat currency (see «Bitcoin Value,» above) and, as such, do not take the form of tangible personal property, in contrast to a coin or any of the other items defined as a «collectible» under Section 408 (m).
Tell me, if the school charged the actual market value for the use of this space and the use of equipment, etc. and if that market value actually reflected the cost to the public, then the issue might become clearer to you because these religious people would scream at having to pay full price and the cost of any damages they may inflict upon the public property they are using illegally.
Conservatives value property for its own sake, of course; but they value it even more because without it all men and women are at the mercy of an omnipotent government.
If you don't» maintain your property then the neighbors do have a right to get in your business because you're affecting their property values.
Pepitas were valued by Native American tribes for their medicinal properties because they're a good source of iron, zinc, manganese, magnesium, phosophorus, copper, and potassium — all in one tiny, tasty snack.
Because each of Illinois «958 local school districts has the ability to set its own property tax rate, and because each has a different base of local property value on which to collect taxes, there is a wide variance in the tax rates and dollars that support local elementary and high sBecause each of Illinois «958 local school districts has the ability to set its own property tax rate, and because each has a different base of local property value on which to collect taxes, there is a wide variance in the tax rates and dollars that support local elementary and high sbecause each has a different base of local property value on which to collect taxes, there is a wide variance in the tax rates and dollars that support local elementary and high schools.
Property values are being negatively pressured by growing numbers of persons who are moving away or will move away largely because of the oppressive property taxProperty values are being negatively pressured by growing numbers of persons who are moving away or will move away largely because of the oppressive property taxproperty tax levels.
This would be better than UBR, because it does not burden the occupier with a tax on the value of property used for the business (which is distortionary).
Consequently, NYC, which is very densely populated, will have a higher percentage property tax, on top of the property being valued higher, than, say, Cincinnati, because the population density is quite a bit higher, placing far greater demands on the city services.
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.
Environmentalists and lake experts say that without quick action to address the rapidly declining lake conditions because of invasive weeds and algae, the county could likely face a potential property value crash and a devastating loss of summertime tourism.
The anticipated increases in property values are especially significant because the NFTA is considering using them to help pay for the cost of construction.
Booming neighborhoods such as Park Slope — where de Blasio owns two homes — are the biggest beneficiaries of the convoluted property tax system because there are caps on how much the city can collect as values soar.
Nevertheless, Rye and other communities in the downstate region still have much higher property taxes because of the higher home values.
While New York City has not voted to raise the property tax rate in years, the effective rate — what homeowners feel — has raised because of continually climbing assessments thanks to surging property values in the city.
Because of its effect on wildlife and property value, littering has become an issue that the Clarkstown Town Board has taken into major consideration, by making two of the three hearings at the recent town hall in regards to the issue.
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.
Brian Sampson, with the pro-business group Unshackle Upstate, says the tax cap was enacted because the state's property taxes are 78 percent above the national average, and New York has nine of the ten highest counties in the nation for property taxes as a percentage of home values.
The average property - tax bill is going up $ 228 this year, because of higher property values — and the rebate just offsets that, Mark - Viverito argues.
Still, some Republicans had argued against the measure because they said it would depreciate property values.
«Because next year who knows what the value of that property is going to be.»
Cuomo's budget office estimates that the provision will hurt 1.7 million middle class to wealthy homeowners in New York who pay much more than $ 10,000 annually — 46 percent of all homeowners statewide itemize deductions — as well as reduce property values because of the eroded tax shelter of homeownership.
The residents of Orange County should not have to sacrifice their air, water and property values because of the self - dealing of a few bad actors connected to the Governor.
Nardiello is unimpressed by either solution because neither, he said, has a timeline or a strategy for addressing property values and air quality during cleanup.
Cuomo's budget proposes a plan known as value capture, which sends to the MTA a hefty portion of new tax revenue generated when property values rise in certain areas because of transit service improvements.
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