Sentences with phrase «get your house appraised»

If you're wondering how to get your house appraised, don't worry.

So, even though a real estate agent might have given you a value, one of the first things I ask to be done is we have to get the house appraised.

You'll hit the threshold where they waive PMI in a few years when you hit 80 % LTV, or when you get the house appraised when the market heats up again.

Not exact matches

If the bank won't give you the mortgage because of underwriting changes, or because something about your situation changed or because the house did not appraise for the amount you need to finance, you can get out of the contract.

To assess these lenders will have to get a metric known as LTV or loan to value ratio by dividing existing debts with the current appraised value of the house.

They will divide total debts owed by the current appraised selling price of the house to get LTV.

You'll have more options (and get better terms) for a house with a high appraised value and a low mortgage balanceits a low - risk loan for a bank to recoup its loss in the event you default on the loan.

House would probably appraise for 180 based on some local sales and advice I got from a few realtors who sent me comps (did nt get official appraisal because $ 400)

I helped a house hacker client earlier this year get a good deal (purchase price below appraised value + $ 3,000 in seller paid closing costs) on a turn - key SFR in Edinburgh Gardens.

They can improve the house as much as they want but if it's only going to appraise for x amount of dollars either way b / c all the homes homes didn't have these improvements then why try to spend y amount of dollars on improvements that (a) the buyers will not like and would have preferred to do themselves or (b) you won't be able to get back b / c the house is already priced as high as the appraisal will allow?

«Buyers feel like that they have to get a house for less then it appraises for.

You can still buy the house for $ 200,000, but you can appraise the house «subject to repairs» for $ 240,000 or more, and then get a 96.5 % LTV loan based on the higher «subject to» value.

If the house appraises for 350K, I should be getting a check for 145K.

So here is my position I own outright 2 rental houses I had them appraised and they come in at $ 268,000 with no mortgages however banks won't touch me, Any ideas how I can get funds to buy my next property?