Sentences with phrase «greater than the value of your property»

No down payment required unless the lender requires it or the purchase price is greater than the value of the property.

Even if people can afford to make the payments, they're walking away from their homes, given that the amount the owe is now greater than the value of the property, due to the market declines of the last few years.

Not exact matches

Indeed, the value of Xerox as a standalone company with no encumbrances on its intellectual property and the licensing, manufacturing and selling of its products in the Asia and Pacific Rim markets is significantly greater than the value being provided to the company and its shareholders as part of the proposed transaction.»

Consequently, NYC, which is very densely populated, will have a higher percentage property tax, on top of the property being valued higher, than, say, Cincinnati, because the population density is quite a bit higher, placing far greater demands on the city services.

As noted in the chart below, the wealthiest decile (10 percent) of districts have property values greater than $ 1 million per weighted student compared to the poorest decile.

A house with a market value of $ 1,000,000 and debts totalling $ 800,000 will have an LTV of 80 % and most of the private lenders in Niagara Falls will not lend to the property with a loan to value greater than 85 %.

This tree - lined neighbourhood of single - family homes near Simon Fraser University certainly seems to offer value: Last year approximately 30 properties sold in this area at a benchmark price of just over $ 700,000 — almost $ 50,000 less than the benchmark price for the Greater Vancouver Area.

If your loan is greater than 80 percent of the value of the property, you will probably have to pay for mortgage insurance that protects the lender in case you default.

In the event the loan balance is greater than the value of the home, the borrower can either arrange to voluntarily turn over ownership of the property to the lender (Deed in lieu of foreclosure), or buy the home at 95 % of the appraised value.

However, in 2011, the FHA Assessment Report shows that 54 percent of FHA loans were issued for properties with values greater than 125 percent of their area's median value as compared to just 15 percent in 2007.

Other loans with a loan amount greater than 80 % of the value of the property require mortgage insurance.

Most lenders look favorably on this type of loan since the increase in property value is usually greater than the amount of money being borrowed.

Insolvency is when the amount of your debt is greater than the amount of your assets, with assets being things such as cash in the bank, or the value of property you own.

By contrast, an asset case involves property of greater value than the applicable exemption limits and requires the trustee to sell property to pay back creditor claims.

Because the mortgage loan balance is actually greater than the worth of your property, you may have difficulty getting a regular home mortgage refinance loan, since many lenders are not ready to offer loan products that surpass 100 % in the value of the house.

Having equity means the market value of your home is greater than the outstanding balance of all liens on the property — that is, your mortgage loan, any second mortgage or home equity loans, plus other liens, such as tax liens or Homeowners Association dues.

If the value of one property is greater than the other, you can add cash to the deal.

It is preferable to commit to a down payment of greater than 20 % of the property value in order to achieve preferable rates.

Down payments of greater than 20 to 25 % of the total value of the property to be purchased can almost always assure the lenders that there is a lower risk involved in the loan, thereby allowing them to issue a mortgage at the lowest possible rate regardless of the applicant's credit history.

The financial advantage of an investment that controls property of greater value than the cash invested.

As I detailed here, I don't see much obvious value / opportunity in most Western property markets — although the Brexit vote may have thrown up some new UK & Irish opportunities, but probably more in terms of individual companies & share prices (which ideally, you were tracking already as potential buys), rather than any great step - change lower in terms of underlying property values & dynamics.

If the total amount owed to your first mortgage is greater than fair market value of your property, you can eliminate the security interest to junior lienholders and treat them as general unsecured creditors in your bankruptcy plan (thereby possibly being able to pay them less than 100 %).

«A company's intellectual property is more valued than ever, and Sharon's deep litigation experience and IP thought leadership will be of great value to our IP Practice as we work hard to protect our clients» world - class brands,» predicted Shook Chair Madeleine McDonough.

You can be charged with felony theft if the value of the property you take is greater than $ 500.

As a result, in recent years, Canadian courts and the legal profession have increasingly been tasked with the challenge of responding to cases where matrimonial property includes foreign - held assets which, sometimes, were greater in value in than those assets held on Canadian soil.

Under insurance: If actual value of insured property at the time of loss under fire benefit is greater than the sum insured opted then the claim is reduced in the same proportion.

With a summary dissolution, a joint petition is filed when 1) either spouse meets the standard residency requirement, 2) the marriage is irretrievably broken down due to irreconcilable differences, 3) the marriage is childless, 4) the wife is not pregnant, 5) neither spouse owns real estate, 6) there are no unpaid debts greater than $ 4,000, 7) the total value of community property is less than $ 25,000, 8) neither spouse has separate property (excluding cars and loans) of greater than $ 25,000, 9) the spouses have reached an agreement regarding the division and distributions of assets and liabilities, 10) both waive their rights to maintenance and appeal; 11) both have read a brochure about summary dissolution and 12) both desire to end the marriage.

The property's appraised value must be greater than, or equal to, the contracted purchase price to meet the condition of the loan commitment.

Within 10 calendar days of an accident, the RPIC must report the accident to the FAA if the accident involved: 1) serious injury to a person or any loss of consciousness; or 2) damage to any property, other than the sUAS, whose fair market value is greater than $ 500 and where the accident results in repair or replacement costs in excess of $ 500.

These include greater returns; long - term lease contracts with fixed escalation rates; finance based on the value and returns of the property and the lease contract, not on the investor's personal finances; less onerous regulation favouring tenants; and shorter bond periods which means a commercial property investment will come to maturity much earlier than a residential investment.

Thirty per cent of respondents who are not planning to purchase a property within the next year say the fear of paying a higher price than the market value has influenced their decision to purchase a home to a great extent (12 per cent) or some extent (18 per cent).

So, if the total amount being borrowed is greater than 80 per cent of the property's value, it may be impossible to switch to another lender until either the debt is paid down or the home value increases.

The percentage or portion of the new property that is held / used as rental or investment property must have a fair market value that is equal to or greater than the total fair market value of the Relinquished Property that wproperty that is held / used as rental or investment property must have a fair market value that is equal to or greater than the total fair market value of the Relinquished Property that wproperty must have a fair market value that is equal to or greater than the total fair market value of the Relinquished Property that wProperty that was sold.

I also faithfully explained in as great detail as I could, that if they didn't elect to stay in that property for some time or at least until would - be market value caught up to them, were they to ask me to resell it for them, a would be buyer might not find the same dollar value as most recently paid by my buyer, and as the new owners, might find themselves selling for less than they paid, and not to forget the resale costs involved adding to their opportunity of loss differential.

In the event the loan balance is greater than the value of the home, the heirs can either 1) arrange to voluntarily turn over ownership of the property to the lender (Deed in lieu of foreclosure), or 2) buy the home at 95 % of the appraised value.

On average, exchanged properties are later sold at a taxable value nearly 19 % greater than that of a conventional sale.

In the event the loan balance is greater than the value of the home, you or your heirs can either arrange to voluntarily turn over ownership of the property to the lender (Deed in lieu of foreclosure), or buy the home at 95 % of the appraised value.

Mortgage Insurer - In Canada, high - ratio mortgages (those representing greater than 75 % of the property value) must be insured against default by either CMHC or private insurers.

In the event the loan balance is greater than the value of the home, the borrower can either arrange to voluntarily turn over ownership of the property to the lender (Deed in lieu of foreclosure), or buy the home at 95 % of the appraised value.

You must acquire one or more replacement properties that are equal to or greater in net purchase value than the net sales value of the relinquished property you sold.

If there is a mortgage balance that is greater than the market value of the home, that property is considered to be a short sale, providing the lender agrees.

This happens when the balance of the mortgage is greater than the local market value of the property.

If you sell your home in the District of Columbia you'll pay deed transfer taxes, which amounts to 1.1 % of fair market value for residential property transfers (sales) of up to $ 400,000, or 1.45 % of fair market value if the sale is greater than $ 400,000.

If the owner will replace with like - kind or like - class property of equal or greater value than the net sales price, the deferral represents additional working capital or an indefinite interest free loan until the replacement property is sold or another 1031 exchange is initiated.

As you recall, a 1031 exchange allows the taxpayer to defer or postpone the payment of federal and state capital gains and depreciation recapture taxes, when real property held for the production of income for a business or investment is replaced with real property of equal or greater value than the relinquished property's net sales price.

In 1998, when he bought his present home at a great price, paying the sellers asking price and acquiring it by a subject - to deal, the county that year raised his property tax value to over $ 60,000 higher than the purchase price of his home.

With turn key real estate investing, you have greater influence on the value of your property than if you were to invest in, say, corporate stocks or municipal bonds.

Generally, for full tax deferral, you must (1) acquire like - kind replacement property that is equal to or greater in value than the relinquished property sold (based on net sales price, not based on your equity); (2) must reinvest all of the net proceeds or cash (net equity) generated from the sale of the relinquished property; and, (3) must replace the amount of old debt that was paid off on the disposition of the relinquished property with new debt of an equal amount on the like - kind replacement property.