Sentences with phrase «homeowner receives this money»

The homeowner receives this money without having to make reverse mortgage loan payments, sell the property, or transfer the title.

The homeowner receives this money without having to make loan payments, sell the property, or transfer the title.

Qualified homeowners receive the money as a zero percent interest forgivable loan that comes with certain guidelines if you qualify.

Not exact matches

The average homeowner receives $ 1,823 a year through programs such as tax - free capital gains on the sale of principal residences and the Home Buyers Plan that lets first - time buyers withdraw money from their RRSPs for downpayment.

New York state last week admitted some property tax credit checks mailed recently didn't give homeowners all the money they were entitled to receive, and also «doesn't» know» how many people received the inaccurate checks.

A reverse mortgage allows qualified senior homeowners to borrow against their home equity tax - free2 while continuing to own and live in their house.3 The money can be received as a lump sum, 4 monthly payments, or a line of credit to access when needed.

With a HECM or proprietary reverse mortgage, a homeowner can elect to receive the money as a line of credit they can draw upon, in monthly installments, or as a combination of the two.

Homeowners can use this type of reverse mortgage for any purpose, or multiple purposes, and can select how they want to receive the money.

The age of the borrower, or of the age of the younger spouse; the older the homeowner, the more money the homeowner is eligible to receive

• The age of the borrower, or of the age of the younger spouse; the older the homeowner, the more money the homeowner is eligible to receive • The appraised value of the property, minus the cost of any health or safety repairs required to bring the home up to code • The lending limits (where applicable); lending limits vary on a county by county basis • Interest rates, which are determined by the U.S. Treasury or LIBOR Index • The payment plan selected by the borrower

Water Defense's latest anti-natural gas video takes on what happens to homeowners» property values and how much money they really receive from natural gas drilling.

Nevertheless, only 16,000 victims per year receive money from homeowners insurance companies and renters insurance companies.

You pay for auto and homeowner's insurance, but do you really hope to receive money from those insurance companies?

Harvey Lewis, a claims expert in Oklahoma City, says that means a policyholder who repairs his house receives more money than a homeowner who doesn't, even though both might be paying the same amount in insurance premiums.

Qualified homeowners can take out a reverse mortgage to get a lump sum of money, receive a monthly income or access money, similar to a line of credit.

Qualified homeowners can take a reverse mortgage in order to get a lump sum of money, receive a monthly income, or occasionally get money when they need it like a line of credit.

Carson Dunlop Home Inspection clients are automatically enrolled in the Homeowners Association at no charge and receive several benefits including free technical advice for as long as they own their home, access to group savings of over $ 1,000 on a variety of home - related products and ongoing partnerships and programs that help their clients save time and money, the company says.

«Homeowners shouldn't be forced to pay a tax on money they've already lost with cash they never received.»