Sentences with phrase «debt on the property»

Private lenders focus on the market value and existing debts on a property when deciding whether or not to approve a mortgage application.
The loan to value ratio is obtained by dividing the total value of debts on a property by its current market price to get a value that ideally should be below 85 %.
It is obtained by dividing the value of debts on a property by its market price.
They do not look at credit but rather the existing debts on a property when making a lending decision.
All interest and fees accrued on the loan are added to the outstanding debt on the property, which can never exceed the value of the home.
After dividing total debts on a property by its most recently appraised market value, private credit institutions hope to get a result lower than 85 %.
These lenders will evaluate the secured debts on the property and the estimated selling price of the property.
It is obtained by dividing the total of debts on the property with its current selling price.
They evaluate the accumulated debts on a property and estimate the selling price of the property.
Instead of credit, private lenders will consider debts on a property when making decisions on bad credit mortgages.
Private lenders of bad credit mortgages will look at existing debts on a property as opposed to credit score.
The loan features a 10 - year term and a fixed interest rate and replaces maturing debt on the property.
Keep in mind that refinancing can be helpful for business owners with existing debt on a property who are in need of funds for a major renovation or expansion.
The $ 400,000 remaining debt on the property should be paid off by the end of 2000.
Private lenders want to see the market value and total debts on a property before they can make a decision.
Instead of your credit report, private lenders will pay attention to the existing debts on a property vs its current selling price.
Private lenders are so keen on establishing a home's equity to ascertain that they will get their cut after other debts on the property are covered.
The value of the home and that of existing debts on a property determine the amount a person can borrow.
The partnership is now putting short - term debt on the property as it works to stabilize the asset through capital improvements and leasing activity.
«So really the pain in the adjustment may not come in prices, but through a little bit more debt on properties and lower transaction volume,» he says.
Running a lot of debt on these properties in my mind is risky..
It's got to be a great feeling to be free and clear of any of your personal debts (forget investment debts on properties, you're not paying them).
The property's market value may have fallen below the amount of your outstanding debt on your property, which in turn eliminates any available equity that you once had.
When approving a mortgage, private lenders will analyse the secured debts on a property and its selling price.
This is achieved by dividing the total debts on a property by its appraised value.
Private lenders are keen about market value and existing debts on a property when deciding whether to approve mortgage applications.
They look at the accumulated debts on your property and the current value of the property.
Private lenders consider debts on a property and not credit score when considering loan applications.
It is obtained by dividing the total debts on a property with it current market value in the hopes of a result that is below 85 %.
Home value and total debts on a property are more important to a lender than a credit score or job history.
Private lenders are only concerned about the current selling price and value of debts on a property.
Instead of looking at credit, private lenders will look at the existing debts on a property when making a decision to provide a mortgage.
Lending to people with poor credit is a risky venture so they avoid offering mortgages if there is already too much debt on the property.
[A short sale is a sale in which the sales price is less than the outstanding mortgage debt on a property.]
To compound this problem, mall owners are now starting to mail in the keys to financially troubled malls: More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).
Net worth is just north of 1M, 2.2 M minus debt on properties.
The Maryknoll Seminary property has been in bankruptcy court since spring, when Itasca Bank & Trust filed foreclosure proceedings to collect debts on the property.
Equity is calculated by subtracting debt on the property from its value.
no A reverse mortgage must pay off all existing debts on the property first.
SCI will put debt on the property after the company closes the sale.
Loan proceeds were used to replace construction debt on the property, which is managed by JAG Management Co..
There are also instances in which a senior housing borrower is ready for the benefits offered by HUD financing but would also like to get cash out or leverage the current debt on a property or properties, Mr. Davis explained.
To calculate LTV, you must divide the secured debts on the property by the selling price of the property.
She learned from her mistakes, and ended up with a husband who loves her, a good job, and a home in DC, where there is not much debt on the property.
The higher the level of mortgage debt on a property or portfolio (referred to as leverage or gearing), the greater the potential tax liability;
Proceeds were used to refinance maturing debt on the property.
Kokkie Herman, the Director of Rates Watch, summarises the steps taken by the City of Tshwane in the case of outstanding debt on a property:
Dividing the total value of debts on a property by its current selling price will give you the LTV.
Private mortgage lenders in Halton Hills focus on market value and debts on a property when gauging mortgage applications.
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