Sentences with phrase «debt on these properties in»

Not exact matches

As part of the deal, Chemical agreed to cancel $ 35.9 million in debt that Trump still owned on the property.

In Florida, meanwhile, Governor Rick Scott — a Tea Party darling — signed a bill aimed at making it easier for banks (or whoever else owns the debt) to foreclose on a property.

My wife and I lived in a pile of junk on a beautiful property for a dozen years before we were debt free and had the cash to tear it down and build our dream home.

Crockett, who is bullish on SeaWorld, notes that even if things get much worse, the company has a portfolio of properties that, in its IPO filings, was valued at $ 5 billion; that's more than two times the current value of its market cap and debt.

Debt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current incDebt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current incdebt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current income.

Cominar had put all its non-core assets (properties outside Quebec and the Ottawa region) on the market in 2017 in a bid to reduce its overall debt load and focus on its core business.

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).

Meanwhile, debt service shows up in the financing activities, so the more debt you take on, the more you can mislead shareholders by reporting huge operating cash flow (EBITDA) that is actually the property of bondholders.

I've been in the market in San Francisco for some time right now and my income hits the sweet spot of what you're outlining (~ 250k on two incomes, perfect credit, and $ 0 debt — ZERO — of any shape or form) and I'm finding they're only willing to go to the max of conforming loan limits, which is $ 625k for most properties or $ 729k for an FHA loan (which, for separate reasons, is a tough sell in SF right now).

You can invest in higher yielding properties at much lower valuations for $ 5,000 — $ 10,000 minimums versus coming up with a $ 200,000 + downpayment and taking on $ 1,000,000 in mortgage debt for the median SF or NYC home price.

But their agenda is to make the economic polarization between creditors and debtors irreversible, ushering in a Dark Age of austerity and deepening debt peonage in which wages, profits and property rents are earmarked to pay interest — on loans that can't be paid in a shrinking economy.

Borrowers who are interested in an FHA Purchase Loan must be able to make a down - payment of at least 3.5 % (which can be a gift), must live in the property they are purchasing and have a debt - to - income ratio no higher than 50 - 55 % (depending on their credit history).

It doesn't matter what amount of money you make each month, the lender takes interest in the amount of debt you have to pay on things like vehicle loans, property loans, credit cards, mortgages, etc..

The firm had to restructure hundreds of millions in debt on a few Manhattan properties, including the office tower at 17 Battery Place North.

He focuses on office leasing in midtown but through his team can seamlessly incorporate all of Cushman's services including real estate equity and debt, office leasing, property appraisal, and project management in key markets around the world.

Resentment is growing not only towards those who ran up the debts — Iceland's bankrupt Kaupthing and Landsbanki, with its Icesave accounts, and heavily geared property owners in the Baltics and central Europe — but also towards the foreign advisers and creditors who put pressure on these governments to sell off the banks and public companies to insiders.

just reading around and all if not most rags are saying our net spend is # 46 million how can they tell that when they do nt even know what our real budget is if it was # 100 million then we are in profit by quite a bit i do nt really know what they base there assumptions on this is where you could do with swiss ramble to dissect what really was spent from what i could see most of our 5 transfers were covered by out goings and c / l monies earned debuchy - vela deal, chambers - vermalen deal, ospina - cesc and miquel deals sanchez c / l monies and other monies recovered from wages and old installment based deals this is the same with welbeck i would imagine if not then poldolski will be sold in jan to cover this as i think he was going to be sold and this would have covered welbecks transfer more or less also and people do nt always realize that arsenal have money coming in from more than one source to cover transfers not just puma and emirates deals we have property arm of the club which makes money for transfers also outstanding debts we are owed of old transfers we receive each year on song cesc maybe van persie and all other structured deals in installment payments sales we just flogged miquel as an example and all the monies from released wages and youths sold its a bit to complex to just say we have a net spend of xyz when arsenal do nt even make the budget public so they have no starting point from which to go from i bet you we have broke even or even made a slight profit as we are self sustaining it would make sense that we can break even or at least make the net spend under # 10 million each year at least screw then all we are the arsenal we do thing our way

To simply take the property taxes levied today and add a debt service figure to it, as has been suggested by a local taxpayer watch group, ignores both the issuance over several years, as well as the debt that is scheduled to be retired in the coming few years, on which that tax will no longer be collected.

On the other hand, when Czechoslovakia split, the national property and national debt were shared, roughly in the ratio 2:1.

The Mayor also proposed a plan for City Council to grant the city the power to sell Emergency Repair Program liens that exist on a property to a third party collector (see video above), who would then be in charge of collecting on the debt — saving taxpayer money from footing the bills for emergency repairs and possibly giving landlords more incentive to make repairs themselves.

- Administering the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful owners;

The only allowable punishment for defaulting on the debt would be the refusal of service, and perhaps the confiscation of property in lieu of payment.

Woyome proceeded to the African Court on Human and Peoples» Rights in November 2017 when government began a valuation of his properties in an attempt to retrieve GHC51 million wrongfully paid to him in a judgment debt.

City Councilwoman Inez Dickens — a top contender to be the next City Council speaker — is so far in arrears on property taxes that the city plans to sell the debt to a collector, the Daily News has learned.

In this case, underwater means the property is not worth the amount owed on the debt and the charter's ADM is not materializing as expected.

Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).

Various reasons that prompt one to take a second mortgage include covering part of the down - payment on their first mortgage in order to evade the requirement of property mortgage insurance, financing home improvements, and consolidating debts.

The deed of trust — also called a «mortgage» or «lien» — states that the home may be used as «collateral» for repayment of the loan; in the event of payment default, the lender is able to foreclose on the property, sell it, and retain the proceeds to satisfy the debt in question.

Private mortgage lenders in Halton Hills focus on market value and debts on a property when gauging mortgage applications.

Private mortgage lenders in Sault Ste. Marie are not so keen on credit score but being sensitive to risk, they avoid loaning to properties with high debt.

@NateEldredge Generally in community property states, debts are automatically taken on by both spouses jointly.

If your home is worth $ 1,000,000 in Timmins and has $ 700,000 in debts, the LTV is 70 % which is enough to get you approved as most private mortgage lenders will loan to a maximum 85 % LTV on a residential property.

This is obtained by dividing the total value of debts by the market price of a property and many private lenders in Sarnia can only loan up to 85 % LTV on a house.

The state data on mortgage debt further reinforces the local variation in property values.

In situations where a borrower is underwater on their mortgage, the amount of the debt that exceeds their property value is treated under the Bankruptcy Code as unsecured, often paid at much less than 100 % under the terms of a chapter 13 plan.

Today, his income properties net $ 20,000 annually but he plans to sell one in three years to help pay off the debt on his other homes and to get rid of any business - related debt on a second line of credit.

For instance, if the owner owes $ 60,000 in income tax, and the Canada Revenue Agency was successful in putting a lien on the home, then the purchase of the property will mean you are now responsible for paying that $ 60,000 CRA debt.

If a lender sees a very high amount of existing debt in a property they will not agree to put a mortgage on a property.

Whether or not debt can be transferred to a spouse depends on whether or not the deceased person lives in a community property state — including Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, Wisconsin and Alaska.

In those cases — and if you are current on payments — you can surrender the property to pay off creditors; reaffirm the debt and continue to pay it after the bankruptcy; or redeem it by paying the creditor the replacement value of the property.

A home loan results in a mortgage lien on your property's title, which secures the debt's repayment to the lender.

... all payments made or property transferred by or on behalf of the debtor to any persons, including attorneys, for consultation concerning debt consolidation, relief under the bankruptcy law, or preparation of a petition in bankruptcy within one year immediately preceding the commencement of this case.

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

You don't need to be a millionaire to invest in several different properties or go into debt on real estate loans.

All outstanding debts on the credit history are included in this calculation along with the mortgage payment and property tax.

To issue loans, private lenders focus on the debts and price of a property in the market.

Top on the list is paying debts, school fees, investing in a business or upgrading a property.

If you're purchasing in one of the nation's nine community property states, lenders can consider your spouse's credit and debts even if he or she won't be on the loan.

Please be advised, as of March 1, 2015, KHC will start bidding properties in at a specified percentage of fair market value instead of total debt on all FHA - insured properties.

In other words, as you make payments on a traditional loan, the debt or the amount you owe is reduced and therefore the equity you have in the property increases over timIn other words, as you make payments on a traditional loan, the debt or the amount you owe is reduced and therefore the equity you have in the property increases over timin the property increases over time.