The most common exception to collecting the tax: when the cost of
the home is less than $ 300,000 and the buyer will occupy the home at least half the time it is used over the next two years.
«For the second month in a row, the price of a single - family
home is less than a condominium, a reflection of low inventory in the condo market and a number of less expensive single - family homes coming on the market in recent months.»
A short sale occurs when the market value of
a home is less than the mortgage amount owed to a lender.
The two main requirements for a short sale to be approved are that the market value of
the home is less than the mortgage owed and the seller must be able to demonstrate some type of financial hardship to their lender.
The percentage of income needed to afford a median priced
home is less than the historic norm.
Home is less than 1/2 mile from lake and marina.
This Home Is Less Than 10 Years Old And Was Very Well Maintained.
Indeed, the average price of a new, single - section manufactured
home is less than $ 46,700 without land, and $ 89,500 for a multi-section, compared to $ 286,814 without land for a site - built home.
«If you walk into a home that smells and looks terrible — the pool is green, the yard hasn't been cut in months — people's perceived value of
that home is less than if it looks and smells good,» says Mike Shelton, director of operations of Home Caretakers International.
My home is less than 900 sq ft. with a useable basement, thank god, or we wouldn't have anywhere to put anything.
If your commute between work and
home is less than 10 miles one way, or less than 8,000 miles a year, you could also be eligible for a low mileage and usage discount.
Added to your home policy if
your home is less than five years old and was constructed by an accredited builder.
My home is less than 100 yards from the harbour.
This Palm Springs area vacation
home is less than a mile from hiking trails and a short drive from grocery shopping, cinemas, restaurants, and entertainment.
This La Quinta vacation
home is less than a mile from hiking trails and short 5 minute drive to restaurants, shopping, theaters, golf, and tennis clubs.
At present, lenders are required to obtain mortgage loan insurance for any high loan - to - value mortgage — a loan where the homebuyer's down payment or equity in
the home is less than 20 %.
Chapter 13 is the only chapter that provides this; in order to «strip» a junior lien, the chapter 13 debtor must prove that the junior lien is completely unsecured - that is, that the value of
the home is less than the balance of the existing first mortgage.
A simplified rule might be that a person should only buy a home when the following conditions are met: (1) no desire to relocate in the future, (2) cost of
home is less than 50 % of net worth, (3) willing to deal with some of the inconveniences of home ownership listed above (clearly there are some), (4) risk of divorce or similar legal complications is low.
Added to your home policy if
your home is less than five years old and was constructed by an accredited builder.
If you are under water on your mortgage or if the value of
your home is less than it was when you bought the home, you may qualify for special refinance programs like HAFA and HAMP.
Even when the value of
your home is less than the balance of your mortgage, you have options, especially if you're the holder of a VA mortgage loan.
Some Chapter 13 debtors are able to strip their second lien, or eliminate it entirely, if the value of
the home is less than the amount owed on the first trust deed.
The average listing price of a manufactured
home is less than one quarter the average cost of a stick - built house, and closely comparable to a modular home as well.
That is, the value of
the home is less than the combined balances of a first a second mortgage.
Just because the mortgage balance owed on
the home is less than the market value does not mean a homeowner can easily establish a home equity line of credit.
This is called being «underwater» (where the value of
your home is less than your mortgage).
To understand why conventional loans required PMI when the down payment / equity in
the home is less than twenty percent, consider what happens during a mortgage default.
Or maybe she's in a profession where your tax -
home is less than the cost of daycare — not impossible in some larger metro areas where daycare is through the roof.
To understand why conventional loans required PMI when the down payment / equity in
the home is less than twenty percent, consider what happens during a mortgage default.
At 10 a.m., a new report will show black and Latino homeowners in the outer NYC boroughs remain in the grips of the foreclosure crisis because the value of
their homes is less than the outstanding balance on their mortgages; Council members will call on the city to use eminent domain to seize «toxic» mortgage and modify them, City Hall steps, Manhattan.
In fact, to be considered a tiny house by most, the dwelling can not be larger than 500 square feet — which isn't a problem, considering most tiny
homes are less than 300 square feet.
That persisted until the effective cashflow yield of owning
a home was less than the financing costs, even with the funky financing methods used.
Should the value of
the home be less than the purchase price on the contract, the borrower would be required to pay the difference from their own resources.
A study of more than 800 cats in Great Britain found that in homes where a cat had died of FIP, the transmission rate to other cats in
the home was less than 5 %.
If proceeds from the sale of
the home are less than what the homeowner owes for the reverse mortgage loan, then HUD will pay the remaining balance of the loan, which is covered by the mortgage insurance.
The sale of
our home was less than cookie cutter.
A home may have a pristine interior, yet buyers will move on to the next property because the curb appeal of
the home was less than appealing.
In these uncertain times, many home owners have had to face the fact that the current market value of
their homes is less than they once thought.
Not exact matches
When I went to Afghanistan in 2009, I had
been home less than a year.
If you only put 5 % down on a $ 450,000
home and prices dropped by 20 %, your
home would
be worth
less than the amount you owed on the bank — and this could spell trouble when it came time to renew your mortgage.
Vistaprint conducted a quarterly survey of more
than 1,000 micro-business owners with 1 - 10 employees who gross
less than $ 100,000 annually, most of which
are run out of
home offices.
The reason behind this
is the fact that public networks
are considered to
be much
less secure
than your
home network, primarily because there
is usually a large number of people connected to the network at the same time.
Research by the Bank of Canada that Poloz unveiled in his lecture suggests that if Canada's companies have spread out across the globe, rather
than simply doing the bulk of their work at
home, then the domestic economy will
be much
less responsive to subtle changes in borrowing costs and the exchange rate.
Modest
homes and condos often furnished, can
be found for
less than $ 100,000.
Previously, the rule only applied to high - ratio loans, in which down payments
are less than 10 % of the
home's value.
You can camp in a tent on the playa, what Burners call the desert basin that
is home to Black Rock City, for
less than $ 1,300 for the week.
Even though the Massachusetts filers owed substantially more in unsecured debt (that
is, debt not backed by a
home, a car, or another asset)
than their counterparts in other states, they reported
less than half as much medical debt, which
is also unsecured.
He found this new gig to
be a complete contrast — and not in a good way — to his old one, and in
less than a year, he headed
home to Omaha and resumed his rise through the ranks there.
The difference can
be traced to real estate market trajectories: Over the past decade, while housing bubbles percolated through much of Europe and in North America,
home values rose
less than 3 % in Germany.
The CS100, which
is expected to make its maiden test flight this fall, burns up to 15 %
less fuel, and
is also far quieter
than a traditional jet engine — a perfect fit for Porter's business model, and its
home airport.