Sentences with phrase «homes and property ownership»

This has led to steady growth in vacation homes and property ownership.

The high level of home and property ownership in Singapore also necessitates a secure land titles registration system.

Not exact matches

The US government used to subsidize and encourage home ownership though the mortgage interest and property tax deduction.

Unlike the apartment you've rented throughout college or afterward, you will have ownership costs such as lawn and home maintenance, property taxes, and homeowner's insurance.

«There are those who contest that the UK has historically set far too much store by home - ownership and that we should be unconcerned that the average age of the first - time buyer is approaching forty but taken together, this trend, the spread of means - tested benefits, the regime for long term care, the damage done to private pension provision by one of Gordon Brown's earliest misjudgements, compounded by the current squeeze on household finances which has seen over a million people forced to abandon contributions to their pension funds, all amount to a massive turn away from a culture of property ownership with the responsibility and independence that goes with it.»

That 400th sale was a home in Syracuse that was listed in the Land Bank's Home Ownership Choice program, which requires buyers to live on the property or to renovate and sell to an owner - occupant within a yhome in Syracuse that was listed in the Land Bank's Home Ownership Choice program, which requires buyers to live on the property or to renovate and sell to an owner - occupant within a yHome Ownership Choice program, which requires buyers to live on the property or to renovate and sell to an owner - occupant within a year.

But over the years many of the kibbutzim have modified themselves to include home ownership, offering rental property to outsiders and ways to reach the larger community with the fruits of their labors, in other words they changed when they needed to.

Should you not have yet built up equity in your home yet you need some improvements or even energy enhancement features to save on utilities, these low interest loans can help you do what you need to increase your property values and make home ownership more enjoyable.

Keep in mind that the total cost of home ownership includes the mortgage plus property taxes and homeowners insurance and possibly mortgage insurance.

Now, if the property is not a primary residence but an income property or a cottage then you could find yourself in a forced sale situation — where the CRA proceeds with the lien in federal court, prompting you to either pay your outstanding debt, or lose title and ownership of the property, which then goes through the legal procedure of foreclosure and the home is then sold as a power of sale, to clear the debts.

Mortgage payments, property taxes, home maintenance and other home - ownership costs swallow 48 % of a typical family's pretax annual income.

Equity is the amount of monetary ownership a homeowner has in their property and is determined by subtracting the balance of any liens against the property from the home's market value.

A short deal in real estate market is a procedure by which a home loan organization takes a rebate on a credit that is in foreclosure to abstain from going through the foreclosure procedure and get ownership for property.

You continue to maintain ownership of your home, as long as you comply with the terms of the loan and pay your property taxes and homeowner's insurance.

As the borrower, you maintain ownership of your home and must pay all property taxes and insurance fees.

The ownership of the home always remains under your name, and you must continue to pay all property taxes and insurance fees.

Because of that, home ownership was out of reach for the middle and lower classes, and even finding affordable rental properties could be difficult in some parts of the country.

Getting the best mortgage plans for the situation and making sure all the aspects of home ownership such as property taxes and are understood can help millennials plan for retirement.

You're probably already aware that the costs of home ownership will include monthly payments for mortgage principal and interest, property taxes, home insurance and PMI, if required.

What's left over is the MAXIMUM amount that you can afford to spend on your mortgage payment (including property taxes, homeowner's insurance, maintenance, PMI, and any other hidden costs that come with home ownership.)

Of course, having adequate savings to completely cover the cost of purchase is an ideal situation, as it gives immediate ownership of the property and saves the several lakhs one pays as home loan interest, and also keeps one away from the mental tension of what happens in case one is not able to play the EMIs on time.

But, along with ownership of the home comes the common obligations associated with it, such as the payment of homeowners insurance and property taxes.

This questionnaire will usually ask you about home ownership and related mortgage interest and property tax expenses, for example.

In order to explore the income tax implications associated with transferring ownership of a cottage, I will assume both a city residence and a cottage have been purchased subsequent to 1981 and I will assume that the principal residence exemption has been fully allocated to your city home and the cottage will be the taxable property.

Closing: The final steps in the transfer of property ownership, which usually occurs at a formal meeting between the buyer, seller, and third party agent (s), where the buyer signs the manufactured home mortgage contract.

One of the advantages of home ownership is that you accumulate equity on your property and this equity can be used as collateral in exchange for a loan.

This generally offers potential for significant long term valuation gains from lower costs & rising occupancy, increased sales on a «retail» basis (to satisfy a rising home ownership rate), the general relative convergence of property values within Germany, and likely appreciation from a particularly low valuation base in absolute (and European / global) terms.

Once you add in imputed rent and subtract property taxes, Prof. Mayer estimates, my 2 % annual home - ownership return looks more like 6 %.

Your down payment is the original sum of money you put down to secure your new home, and the larger the downpayment, the greater percentage of equity (i.e., value of ownership [over the property]-RRB- you earn.

As long as the property is maintained in reasonably good condition and the property taxes and insurance are paid current, the homeowner (s) will enjoy the benefits of home ownership.

Living in a very high cost area, where property values are stratospheric and home ownership continues to be out of reach, I've gotten to know many homeowners who are biding their time with regards to making a new home purchase.

@JBentley — The cost of real estate (such as residential property, and the real estate used for retailing, restaurants, office space, and manufacturing) is already such a large fraction of the economy that the share of a region's economy that is spent on rent (or rent substitutes, such as the cost of home ownership) can not greatly exceed the region's economic growth rate for more than one or two business cycles.

The importance placed on property ownership, both as a hold of value and as a status symbol, is amplified by Asian immigrants who are more likely to own their own home and have property investments — a key reason why as many as 81 % of immigrant poll respondents say they feel happily middle class.

Located near the future gondola and within the same building as the new Ritz - Carlton Residences, the fractional ownership property will afford Members all the comforts of a vacation home coupled with the legendary, personalized services and amenities of The Ritz - Carlton.

If a spouse owned the house home prior to the marriage and didn't put the other spouse on title or otherwise mix up the ownership with jointly owned property, then it remains separate property and it is not subject to equitable distribution.

It is important to note however that any «settlement of property» made under this Act places an obligation upon the paying parent to provide a home for the child and the parent carer until the child is 18 or ceases full time secondary education (although the parties can agree between them to extend the period) after which the property then reverts back into the ownership of the paying parent.

For this reason, it is important to have lawyers on board who are experienced in this complex area of law, with full expertise in purchased new - built properties to ensure you gain full legal ownership of your new - build home and to check that the documentation does not contain adverse provisions.

• The spouses» income and ownership of property • The spouses» present and future earnings • The spouses» education and training levels • The hinderance of one spouse's job - seeking ability by the other spouse (for example: domestic violence) • The children's residency • The maintenance - seeking spouse's ability to support self • The spouses» living conditions prior to marriage • The maintenance - seeking spouse's lack of income due to remaining home to raise the children instead of being gainfully employed • The children's extra expenses (for example: schooling, day care or medical expenses) • Providing care for disabled children, adult children, elderly parents or in - laws • The maintenance - seeking spouse's contributions to the marriage (for example: becoming a homemaker and not receiving a fixed income) • Either spouse's loss of assets due to a risky behavior • Loss of health insurance benefits due to the divorce (The maintenance - seeking spouse will need to obtain insurance.

In a nutshell, Title Insurance provides you with coverage for losses related to title fraud, survey issues, problems with the title on your property and challenges to the ownership of your home.

For many people, renting property is a good way to avoid some of the commitment and pressure that comes with home ownership.

Given the extent of individual property ownership opportunities that already exist on communally held land (outlined in Chapter 2), there may be scope to develop policy and practice and extend the home ownership programme to communal lands.

We are also conceiving of a situation where individuals own all or part of their property and are using this ownership as collateral in order to borrow capital to fund a business venture and or build another home for example.

According to a research discussion paper produced by the Reserve Bank of Australia (RBA) in May 2005,50 two of the major factors influencing home ownership in Australia are income levels and wealth - the ability to make financial commitments towards the property.

Property ownership and especially home ownership is widely distributed.

«As the leading advocate for home ownership, housing issues and private property rights, the National Association of Realtors ® and our members are committed to keeping housing first on the nation's public policy agenda, because housing and home ownership issues affect all Americans,» said NAR President Ron Phipps, broker - president of Phipps Realty in Warwick, R.I. «Now is the time to «seize the day,» and I am confident that Realtors ® have the strength, wisdom and leadership to shape a bright and positive future for our industry and our nation.»

Situated within the Heritage on Ivanhoe association of just 14 properties, this single - family detached home sits on its own land and is condominium in ownership only.

Americans born between 1946 and 1964 have a higher rate of home ownership than the national average, and one out of four of baby boomers own more than one property, an NAR - commissioned study finds.

To advocate for home ownership and private property rights, associations must leverage the combined voice of our membership.

The index looked at the relationship between buying a property and building wealth through a buildup of equity versus renting a comparable property and investing in a portfolio of stocks and bonds, and concluded that «In terms of wealth creation, the U.S. housing market, when considered as a whole, has swung marginally more in favor of home ownership over renting a comparable property and investing monthly rent savings in a portfolio of stocks and bonds.»

On May 17 beginning at 9:30 a.m., REALTORS ® will converge on the north side of the Capitol for the Rally to Protect the American Dream — a high - energy meet - up designed to make sure all 535 members of Congress know that REALTORS ® are concerned about the stability of real estate, private property rights, and the future of home ownership.