Sentences with phrase «cent of the purchase price»

Typically lenders will require mortgage loan insurance if a borrower has a down payment of less than 20 per cent of the purchase price of a home.

Either way, it wouldn't be unreasonable to expect the car to retain a healthy 55 per cent of its purchase price come resale time in three years.

I 100 % Guarantee you'll love this indicator or I'll return every single cent of your purchase price and let you keep the indicator anyway.

Buyers with a down payment of at least 5 per cent of the purchase price but less than 20 per cent must be backed by mortgage insurance.

The program assists eligible residents of British Columbia with a repayable loan up to a maximum five per cent of the purchase price of their first home.

Borrowing from other credit sources When buying a home, you generally need at least 5 per cent of the purchase price as a down payment.

Five year - old Choice Properties — which lists Loblaws as its principal tenant and largest unitholder — will pay 42 per cent of the purchase price in cash, to a maximum of $ 1.65 billion.

It's one of the best cars going for holding its value, retaining on average around 60 per cent of its purchase price over three years and 36,000 miles.

For example, Canada's biggest credit union, Vancity, currently finances an affordable condo project in Vancouver whereby it lends 90 per cent of the purchase price while the developer provides a 10 per cent second mortgage with no interest and no payments.

Land transfer tax In Ontario, a land transfer tax of up to 2 per cent of the purchase price applies.

The federal government recently announced a significant change concerning guidelines for borrowers of high - ratio mortgages — a borrower who has a deposit of less than 20 per cent of the purchase price of a home.

They qualified by investing 10 per cent of the purchase price as a down payment and proved their creditworthiness by showing a strong history of always paying their rent and utilities bills in a timely fashion over the last year.

The measures will have no effect on the roughly three - quarters of new mortgages in Canada that are not insured because the buyer puts down more than 20 per cent of the purchase price in cash.

Just pick up a copy of The Real Estate News and you'll see ads offering to list your home for 0.75 per cent, and other ads where Realtors are offering to pay a buyer up to one per cent of the purchase price of a home if they buy it through them!

On Nov. 30, several eligibility rules will tighten on mortgages where borrowers made down payments of at least 20 per cent of the purchase price.

then I'll refund every cent of your purchase price!

While the Xbox store says that «100 per cent of the purchase price» of said Mercy skin goes to charity, The UK PSN listing is slightly off.

The 70bhp Passion model will keep hold of around 48 per cent of its purchase price, while a Prime Sport version with the more powerful 89bhp engine should retain around 46 per cent of its value.

Anyone who wants to buy a home in Canada without a down payment of at least 20 per cent of the purchase price is usually required to get mortgage loan insurance from the CMHC, which requires a smaller down payment of five per cent on a home worth up to $ 500,000.

While the Xbox store says that «100 per cent of the purchase price» of said Mercy skin goes to charity, The UK PSN listing is slightly off.

Closing costs vary, but the Canada Mortgage and Housing Corporation suggests you budget for the equivalent of 1.5 per cent to 4 per cent of the purchase price.

Bank mortgage: Considered the traditional way of financing a rental property, by placing a mortgage of 70 to 80 per cent of the purchase price.

In another case, the plaintiff, a purchaser of a condominium, paid a deposit of $ 745,325 (25 per cent of the purchase price).

First - time homebuyers will be eligible for an interest - free loan of up to five per cent of the purchase price of a new or existing home, to a maximum price of $ 280,000 in Halifax Regional Municipality (HRM) and $ 150,000 in the rest of the province.

The federal government recently announced a significant change concerning guidelines for borrowers of high - ratio mortgages — a borrower who has a deposit of less than 20 per cent of the purchase price of a home.

Forty per cent of home buyers put down five per cent of the purchase price, says Genworth, while 35 per cent make a down payment of 10 per cent.

Canada Mortgage and Housing Corp. (CMHC) offers default mortgage insurance for BFS clients through a stated - income mortgage product up to 95 per cent loan to value (LTV)-- so the down payment can be as low as five per cent of the purchase price — but the income has to make sense based on the occupation.

A multi-million-dollar property will be about 3.5 per cent of the purchase price.

Meanwhile, if you had decided to put down only 10 per cent of the purchase price, this same lender would have happily loaned you $ 1,260 million (90 per cent of the property's value) because a 10 per cent down payment would require high - ratio insurance.

-- Most people in Alberta (69 per cent), and many in Manitoba / Saskatchewan (40 per cent), Ontario (39 per cent) and Quebec (45 per cent) plan to use 11 to 20 per cent of the purchase price as a down payment for their recreational property, while 47 per cent of people in British Columbia and 54 per cent of people in the Atlantic Provinces plan to use more than 20 per cent.

Assume that you buy a house for $ 1.4 million and want to make a down payment of 20 per cent of the purchase price, which in this case would be $ 280,000.

The average fee of an experienced agent is not less than three per cent of the purchase price, while in the elite segment the commission is even higher.