Sentences with phrase «condo purchase»

We pulled out max equity on it back in 2010 (condo purchased in 2007, pre construction) for our house purchase.

By investing in the right properties and taking advantage of traditional refinancing techniques, investors can leverage the cost of a single condo purchase into multiple condos.

But here's the thing: The report only examines condo purchases by foreign buyers.

Luxury developer Toll Brothers recently offered to pay the transfer and mansion taxes on condos purchased in three of its projects under construction to help lure buyers.

It'll be helpful to watch how things change in the months ahead to see if the eased requirements lead to more households obtaining FHA financing for condo purchases.

ATTOM Data Solutions, released its Q3 2017 U.S. Residential Property Loan Origination Report, showing that the median down payment for single family homes and condos purchased with financing in the... more

While financing of condo purchases in hotel projects may be less risky than during the last housing boom, other risks remain, including the potential for overbuilding, according to Butler, the hospitality attorney.

Ohio court reverses decision in a case involving a salesperson who incorrectly told the buyer that she could rent condo purchased as an investment.

This has become a problem with so many new condo purchase decisions relying solely on brochures or artist renditions.

Since his first condo purchase, Chuong has snapped up an additional property in Phoenix: a three - bedroom home for $ 55,000.

Just under half (42.1 %) of Toronto and Vancouver condo owners surveyed did not have a mortgage on their last condo purchase.

Roughly a third (36.8 %) let family occupy the secondary condo purchase.

We spent nearly a year trying to find a lender that would let us do any kind of Heloc but only found a small local bank in FL that would do a cash - out refi on our latest condo purchase.

If HELOC is taken out at 4.5 % is it worth it if condo purchased only has cash on cash 5 % @Levi K. I also live in San Diego and own two properties and run a property management business.

«Jeff Goodwin of Buyers Brokers Only was of tremendous help during my recent condo purchase in Central Massachusetts.

We help real estate investors get a Multiplier Effect ™ on their investments — transforming a single condo purchase into 7 or more condos over time.

Additionally, there may be limitations on condo purchases, which must be approved by the VA..

Other stories look at «coming soon» listings, cap rates and other trends this year in commercial real estate, and why the effort to improve the availability of FHA - insured loans for condo purchases is gaining ground.

According to ATTOM's Q3 2017 U.S. Residential Property Loan Origination Report, ``... the median down payment for single family homes and condos purchased with financing in the third quarter was $ 20,000, up from $ 18,161 in the previous quarter and up from $ 14,400 in Q3 2016 to a new high as far back as data is available, Q1 2000.»

Institutional investors bought just 16,000 homes or 1.9 percent of the single - family houses and condos purchased in the third quarter.

Now I am fixing the condo I purchased, on the river etc, nothing fancy just like me.

We'll be happy to discuss your condo purchase and help you find the loan that works best for your situation and budget.

In addition to their $ 750,000 townhouse (and its $ 564,000 mortgage), Gabriel stills owns and now rents out a condo he purchased three years ago.

Walking away from that condo purchase meant that I was eventually able to quit my job and go back to school for journalism — a decision that would've been sorely hampered had I been responsible for a mortgage.

Actually, this lack of information was the impetus behind CMHC's decision to start collecting data on foreign ownership in condo purchases.

Understand your legal obligations Make sure all the details of your condo purchase are in writing and never rely on verbal agreements.

Condo financing options are widely available, and buyers should know a few key points to get a better started on their condo purchase.

Condos.ca is the GTA's most comprehensive condominium guide where users can search for condos for sale in Toronto and surrounding areas, connect with our Condo PROs and find exclusive price trends data for individual buildings and neighbourhoods to ensure that your condo purchase is a wise investment.

A home or condo purchase should be compared to renting a similar home or condo.

I did a short sale on a condo I purchased as an investment in» 05.

For Toronto investors keen on condo purchases, Jeffrey suggests sticking with east end properties.

FHA financing is generally more difficult to obtain for a condo purchase versus a single - family home.

@mbhunter: I believe in comparing OP to «someone who is desperate to sell», Jay is suggesting that if OP goes through with the condo purchase, he may in the future need to move or have to sell, and may not be able to find a buyer, and thus become «desperate to sell».

«Conference with client re: condo purchase, including re: parking space and locker» is much better than just «Conference with client re: condo purchase»; «Conference with client re: review of subdivision agreement, including restrictions on future building» is much better than just «Conference with client re: subdivision agreement.»

His house in the Whittier Oaks neighborhood sold Tuesday, and he and his wife moved to a hotel in Boca Raton until the condo they purchased near the ocean in the city of South...

These hurdles are a problem for real estate markets, because a condo purchase is typically one of the most affordable avenues into homeownership.

Regardless of whether the condo purchase involved cash, if any of the reporting entities involved in the transaction (the real estate professionals, the banks or accountants — if any) had any suspicions regarding the funds, they would have been required to file a suspicious transaction report with FINTRAC.

NAR supported H.R. 3700 because it takes a number of long - sought steps to make it easier for households to get FHA insured financing on condo purchases.

«I recently had a client who wanted to do nothing to render her condo purchase move - in ready.

Do you pay all cash on the condo purchased with the HELOC?

With home prices out of reach, many first time buyers can only consider a condo purchase.

We have over 150 agents whose only goal is to find the best Real Estate solutions for our clients fron apartment rentals, home / condo purchase, moving services, furnishing services, interior design, cleaning services and more...

Andrew truly made our condo purchase a pleasant experience, and I will highly recommend him in the future as I found his help invaluable.»

In the Toronto area, the main factor in the reversal of fortunes seems to come down to price: a condo purchase is still significantly less expensive than a house with a yard — especially for people who want to live in the core.

But he said it would help ease some hurdles to making FHA financing more broadly available for condo purchases.

When President Obama signed NAR - backed FHA condo financing legislation into law this summer, much of the focus in the news was on lower owner - occupancy requirements and other changes that would make it easier for borrowers to use federally insured loans for condo purchases.