Sentences with phrase «factors determine the value of your home»

Many factors determine the value of a home including type of market, market conditions, recent sales in your neighbourhood, condition of the home, your urgency to sell, financing, additional items (such as redecorating allowance, appliances), and outstanding repairs.

Obviously, a lot of factors determine the value of a home beyond the presence of a football stadium.

Not exact matches

While the loan - to - value ratio is not the only determining factor in securing a mortgage or home equity loan or line of credit, the metric does play a substantial role in how much borrowing costs the homeowner.

The key factors in determining the quality of education a child receives is the value that their parents place on education and the time they spend working with them at home.

The principal limit is determined by multiplying the home value (up to $ 679,650 as of 2017) by the principal limit factor, which is determined by the age of the youngest borrower and the average interest rate.

With a reverse mortgage, there are a number of factors input into a calculator and the borrowers» benefit amount or Principal Limit are determined based on the borrowers» age (s), the value of the home or the HUD lending limit (whichever is less), and the interest rates in effect at the time.

The appraisal helps the parties to the transaction determine current market value, property condition and these factors helps determine loan to value & marketability of the home.

In a home appraisal, the market estimated value of your home is determined, and this is a decisive factor in the amount of money a lender will be willing to give you for your home.

Determining the type and amount of coverage that makes the most sense for your mobile home involves assessing your needs, your home value, whether or not you have a mortgage, and other factors.

Another factor that will determine your quotes is whether you choose actual cash value or replacement cost for the contents of your home, apartment and vehicle.

Along with type of policy you choose, the biggest individual factors that will affect your Michigan home insurance quotes are the value of your home, its vulnerability to damage as determined by location, and your personal record as a homeowner (past claims, credit rating, home security, etc.).

Several factors determine the amount of premium you'll pay, including your home's current value, whether it's a wood or masonry structure, and even its proximity to fire hydrants.

Factors like ZIP code of the property, the value of the property, any security measures in place, the age of the home, the condition of the home, and even how you will determine your renter can be important.

The value of the home is important, but it is far from the only consideration, and several other factors will weigh as heavily in determining what your premiums will be.

If some portion of the premarital home is determined to be marital property, the court weighs a number of factors when deciding how much of that marital value goes to each spouse.

The program will factor in credit, capacity, and collateral to assess the quality of the loan and determine whether the estimated value of the home provided by the lender is acceptable.

There are a lot of factors that go into determining a home's market value, such as the sales price of nearby homes that have recently sold, the listing price of similar homes that are currently on the market, as well as the condition and location of a home.

In the mid-1990s, CMHC created Emili as a computerized tool to determine quickly if a loan was safe from risk of default, based on the estimated value of the home and several other factors.

But they need to realize that Zestimates are more of an entertainment factor and can not be relied upon for determining the real market value of their home.

The same factors that determine the value of a site - built home determine the value of a manufactured home: the location, the local market conditions and the quality of the home and the amenities.

The second factor in determining market value is the condition of your home.