The valuation enables you to test whether the market value of the in -
house assets exceed 5 % of the funds» total assets at the end of a year of income.
Not exact matches
That is, their net new spending on
housing assets has
exceeded their borrowing secured over
housing.
If inflation really takes off, hard
assets will offer some shelter though
housing will lag until the inflation of real estate
exceeds the deterioration of the debt.
However, you may be liable for these taxes on a
house worth less than the limit if the combined value of all the original owner's
assets — including not only the
house but also hard cash and investments —
exceeds $ 5.49 million.
The total value of residences
exceeds $ 1 trillion and land and
housing together account for one - third of all personal
assets.
You may be required to make an additional down payment contribution from your own funds if your «remaining liquid
assets» at the time of settlement will
exceed the greater of 6 months of your new
housing PITI (principal, interest, taxes, and insurance) payment or $ 7,500 plus any additional payment reserve requirements that may be imposed by the first mortgage loan program.