Sentences with phrase «home as the homebuyer»

Not exact matches

«As more people move out of their parents» basement — and there's still quite a few living there — we expect to see continued healthy demand for homes,» said Svenja Gudell, chief economist for Zillow, which found millennials made up 42 percent of homebuyers last year.

Look for luxury home sales to suffer a mild slump as homebuyers look for more affordable options because of higher rates.

Premier Christy Clark says the government will provide first - time homebuyers with a 25 - year loan for a down payment on a home to a maximum of $ 37,500, as long as the funds have been matched by buyers.

Many first - time homebuyers are driving as far north as Brantford and Innisfil to achieve their dream of owning a home, but there are affordable options much closer to Toronto.

As a result, some homebuyers will find it more difficult to afford that dream home they've been eyeing.

As an alternative, prospective homebuyers typically finance a large portion of the home's value via a home mortgage loan.

The Home Possible ® allows for down payments as low as 5 % for homebuyers, while the Home Possible Advantage ® requires a 3 % down payment.

They also require you to take a homebuyer education course and occupy the home as your primary residence.

First - time homebuyer loan programs offer financial benefits such as lower interest rates and low down payments, but many of them require you to live in the home for a designated period or take homeowner education courses.

That's the backdrop as potential homebuyers in the mile - high city pile up and the supply of homes for sale continues to fall.

Many homebuyers must compromise on their dream home and instead take the affordable house as - is.

«As a growing number of homebuyers, many of whom put their purchase on hold due to stricter lending guidelines, now reactivate their search, the expectation is for renewed growth in home sales in the second half of 2013.»

Typical new home size falls prior to and during a recession as home buyers tighten budgets, and then sizes rise as high - end homebuyers, who face fewer credit constraints, return to the housing market in relatively greater proportions.

As part of the CRI, the home will be sold to a qualified moderate - income homebuyer.

As a homebuyer, you have mortgage options including a conventional mortgage loan, a VA home loan and a USDA home loan.

A home is a big ticket item, and many homebuyers increase their borrowing power by applying for a mortgage with a co-debtor such as a spouse or family member.

The surge of activity in the first half of 2010 is attributable to various regulatory and financial industry changes, such as the increase in interest rates in the spring, tightening of mortgage lending rules for first time homebuyers and investors, and the leadup to the introduction of the HST in Ontario and B.C.. By the end of 2010, Royal LePage forecasts that the appreciation of homes from 2009 to 2010 will average 6.8 %.

Using the information from the seller on current utility expenditures to establish a baseline and comparing what energy efficiencies could be incorporated that aren't currently being used (as would be revealed in the home inspection) can give a homebuyer the necessary, balanced idea of what to anticipate for utility costs.

Homebuyers, who were able to purchase their home over the same five - year period and lock in their housing costs, were able to grow their net worth as home values have increased and their mortgage balances have gone down.

As sub-prime lenders fell by the wayside, homebuyers of modest means turned to FHA loans, which are currently the premier source of home financing for those who can't pay 10 to 20 percent down plus closing costs for buying a home.

As an approved FHA lender, Columbia Bank has been granted the authority to offer qualified homebuyers the opportunity to purchase a home with a low down - payment, allowable seller concessions of up to 6 %, and more flexible credit guidelines.

For more information about how your disability rating affects you as a veteran homeowner or homebuyer read: How Your Disability Rating Affects Your VA Home Loan Benefit

Lock - in — A written agreement guaranteeing a homebuyer a specific interest rate on a home loan provided that the loan is closed within a certain period, such as 60 or 90 days.

On the opposite end of the spectrum, Hawaii homebuyers have to toil 88.13 hours to afford a home — nearly three times as long as Ohio residents.

As the federal tax incentive program for homebuyers approaches its April 30 deadline, and concerns mount over rising interest rates, FHA mortgage loans continue offering first time buyers opportunities not available with conventional home loans.

Under our unique Hobby Farm Home Loan Program, homebuyers are eligible for up to $ 1.5 million to finance a purchase of a «Hobby Farm», which is defined as a primary residence, but can be rental capable of some sustained agricultural production.

Homebuyers who want to avoid paying private mortgage insurance (PMI) should be prepared to pay the full 20 percent of the price of the home as their down payments.

If you're in the market to purchase a home â $ «and now is a perfect time with industry low mortgage rates and an $ 8,000 federal tax credit for first - time homebuyers â $ «you should contact a licensed mortgage broker as soon as possible to get... View Article

As a first time homebuyer how long after bankruptcy do I have to wait to be approved for an FHA home loan?

If you're in the market to purchase a home â $ «and now is a perfect time with industry low mortgage rates and an $ 8,000 federal tax credit for first - time homebuyers â $ «you should contact a licensed mortgage broker as soon as possible to get pre-approved.

Beyond these great features, explore below for specifics about our two main mortgage products, Home Flex and Home Preferred, as well as our Home Start Homebuyer Tax Credit Program.

The Homebuyer Tax Credit is not a one - time credit — it is an annual credit for the life of the original mortgage, as long as you live in the home.

This insurance protects mortgage lenders providing home loans, as a result more homebuyers who don't have enough money for a large down payment can purchase a house.

First time home buyers are making up a smaller portion of overall homebuyers each year as the market prices continue to rise.

Today, FHA One to Four Family Mortgage Insurance is still an important tool through which the Federal Government expands home ownership opportunities for first time homebuyers and other borrowers who would not otherwise qualify for conventional loans on affordable terms, as well as for those who live in underserved areas where mortgages may be harder to get.

«The housing shortage forced many first - time homebuyers to consider smaller homes and condos as a way to literally get their foot in the door.

Having realistic expectations when it comes to the neighborhood and type of home you can afford is often an eye opening experience as any new homebuyer can attest.

It's nice that it works for non-first-time homebuyers as well (unlike the Home Buyers Plan).

Premier Christy Clark says the government will provide first - time homebuyers with a 25 - year loan for a down payment on a home to a maximum of $ 37,500, as long as the funds have been matched by buyers.

According to Genworth Canada research, 50 % of first - time homebuyers view their first home as a starter home and plan on moving within the decade.

The program allows qualified homebuyers to purchase a secondary home, with one manageable mortgage and with as little as a five per cent down payment.

Genworth Canada's Secondary Homes Program allows qualified homebuyers to purchase a secondary home, with one manageable mortgage and with as little as a five per cent down payment.

Prospective VA homebuyers need to understand that a VA appraisal, even one that digs a bit into property conditions, is not the same thing as a home inspection.

A no - money down mortgage loan, also known as a zero - down mortgage loan, allows qualified prospective homebuyers to finance one hundred percent of the home's purchase price.

The mortgage specialists of Bank of Internet USA have compiled a list of some of the most common mistakes of first - time homebuyers so that you know some of the pitfalls to avoid as you take your initial steps in the home purchase process.

* In fact, if you haven't owned a home in the last 3 years, you might even be eligible to purchase a home as a «first - time homebuyer» and only need 3.5 % down *!

Bissada says Home Capital expects higher levels of mortgage renewals going forward to give the company a boost, as borrowers who stick with their current lenders can avoid a new stress test for uninsured mortgages that make it harder for homebuyers to qualify.

Homebuyers who purchased their home over the same five - year period locked in their housing costs and were able to grow their net worth as home values have increased and their mortgage balances have gone down.

The Canadiana Financial's Welcome Home Mortgage product is catered towards qualified homebuyers who have immigrated to Canada within the last 36 months with as little as 5 % down payment.

By duping marginal homebuyers into buying what they could not afford, we create a black swan — I remember commentators who were saying as late as 2006 year end, that home prices never went down across the nation as a whole.