From the loan standpoint, delays occur when the bank requires some type of loan condition, such as additional credit references, additional paperwork to show income, or
a higher escrow amount.
Not exact matches
In these cases, the rent is
higher to accommodate that
escrowed amount.
«Mr. Avle, the statement of the former President was corroborated by officials of the Attorney General's Department at a meeting with them in Accra after we went to the Ho
high court to seek an injunction on the university that, indeed enough
amount of money was placed in an
escrow account solely for the payment of UHAS land compensation.The question now is, how come that after signing our Offer for almost a year, payment from an
escrow account is still an issue for the Finance Ministry» he stated.
Think about the
amount of interest earned on tens — or even hundreds — of thousands of dollars deposited in a
high yield
escrow account for four to six months or longer.
Class A Units obtained with the first 5 % of the aggregate
amount will be held in
escrow (while kept in the name of the applicable Account) to secure payment of the
higher Initial Sales Charge applicable to the Units actually obtained in the event the full intended
amount is not contributed before the LOI expires.
If we disbursed an
amount higher than estimated for any
escrow item, generally a shortage is created.
If you have clients who are banking on that
higher loan limit, you should call us at 858-777-9751 before you enter
escrow so we can determine a strategy so they can get a loan for the
higher amount.
Interestingly, because of how
high the cash flow is on the property, the
amount that she DID pay covers the mortgage,
escrow, insurance, property taxes and PM fee of 9 percent on the entire property... and since it's a duplex then what the other tenant pays is pure cash flow.