Sentences with phrase «bigger than the value of the house»
The debt increases each month with interest on the loan, and in many cases fees to the servicer and an insurance payment to HUD, which guarantees to take over the debt from the lender when it grows bigger than the value of the house.
http://www.chicagotribune.com/ Not exact matches
A recent analysis by researchers at the Federal Housing Finance Agency found that home values had risen faster in the heart of big cities than anywhere else in the country over the last 25 years, a sign of their turnaround and a trend Mr. Trump, as a real estate developer, is likely to be aware of.
If you're fortunate, the market value of your house should be bigger than your mortgage outstanding balance.
so while the house may go up less than the shares, you can own more value of the house and thus have a bigger asset base going up.
Bigger Than Many Detached Of The Same Size, This House Offers Great Value!