«For some people,
their house went up in value, so we tell them to get a second mortgage and to pay off their credit cards,» Douglas said.
Even though
the house went up in value by only 20 %, your return on investment is 100 % — that's how leveraging works.
If
the house goes up in value by $ 60,000 and you sell, you'll make a $ 30,000 profit (before interest, taxes and expenses).
Not exact matches
which is certainly not a slight on the young french national player; like him or not, Sanchez has provided some real world - class performances for club and country
in recent years... if you do this move, you need to really clean
house or face some serious consequences for the foreseeable future... half measures are rarely rewarded, that's how we got here... tear down the wall... we need to get rid of Giroud, not because he isn't a talented player, his skill - set simply doesn't make sense if we hope to maximize the offensive potential of a quick passing, one - touch scheme... we need to evolve, like Barcelona, who realized you needed to have clinical finishers or face a mind - numbing future of horizontal passes and largely ineffective crosses... Barca
went and got Suarez, even though they had Messi and Neymar on the roster (just imagine the possibilities — another
in the litany of Wenger «what ifs»)... we need to be as clinical
in the boardroom as on the pitch... accept nothing less or move on... personally I would move on from Welbeck, Giroud and Walcott, even Ox if he isn't all
in... I think the most intriguing player might be Perez, which runs counter to the thoughts
in my head when he arrived late last summer... we need a deep lying DM with quick feet and long ball potential, midfielders who can counter quickly even when they are spread out and 4 or 5 players who know how to attack the lanes (kind of a cross between Barca, Dortmund and Monaco)... this is seriously an achievable goal, one that logically should have been achieved quite a few years ago... did no one
in the Arsenal organization see the financial restructuring of the football universe... think of the players we could have had but we weren't willing to cough
up the dough only for those individuals to have their
value double or triple within a 12 to 24 month period... even if just from an investment perspective these «no deals» represent a failure of monumental proportions... only if you cared, of course
We need to make sure that we are
in control over the things that affects us.Anytime there is flood and people loose their life, most of the blame
goes to sitting presidents.I am not saying that the central government does not have responsibility to ensure that enabling environment is created.They have a great work to do but as citizens what is our quota?When you move around Accra, sometimes i becomes angry within myself because i am
in doubt as to whether our sanitation laws exit.People because of the tax they claim they pay waits for zoom lion workers to come and clean the choked gutters before our
houses and shops either than that, it will remain like that.Is it modernity or civilization that has turned us to forget our traditional
values or duties of ensuring that our environments is clean?Everybody
in our Ghanaian setting knows the responsibility of men and women
in making sure that our environments are clean not waiting for flood to occur and we start blaming sitting presidents.To the media, though your responsibility is to keep governments on it toes, you equally have a mandate
in educating the public of what we are expected to do as citizens
in other to ensure that our dear nation is a better ecosystem for all of us to live.The attention of the media should be shifted from making politicians popular to making us aware as citizens of our responsibilities.I sometimes get confused to hear journalists calling opponents to comment on issues concerning the sitting governments and the only thing that comes to my mind is what do the journalist want to hear from the political opponents?Nothing.They will end
up criticizing without giving an alternative.The media should rather resort
in questioning people directly to where the problems are coming from.Let us build our institutions.When it comes to energy issues.Citifm will call Hon.KT Hammond who was a deputy minister living who he worked under (His boss at that time) and I always become confused because what can we expect from him?nothing.
There's likely a math equation
going through his head involving the time it will take to clean
up the mess, if it would be cheaper to just fix
up the wall and the tiles and whatever else might be stained with blood, how much the
house might have depreciated
in value if someone finds out what happened, and what this means to his turnaround time.
Here is what some recent buyers of this book have said: Incredible
value for money; As a school governor with children at my school, I can highly recommend these resources; These resources have given my staff a new buzz and sense of purpose... Fantastic; As we train new staff, mostly
in -
house, these have been invaluable; Totally transformed my class
in just one day... Now they are hungry to push themselves; We use these resources throughout the school and our grades keep
going up!!!
In October, the economic research team at Zillow issued this 12 - month forecast for the U.S.
housing market: «United States home
values have
gone up 5.1 % over the past year and Zillow predicts they will rise 2.7 % within the next year [through October 2017].»
But, the
housing market
went up in smoke and mortgages began defaulting everywhere, bringing down home
values.
As we all learned,
houses can
go up in value, but they can also
go down... quickly.
But I do,
in fact, expect that
in the long run
houses will
go up with inflation, which is to say that they will just hold their real
value.
If you've been paying down your mortgage and your
house has been
going way
up in value, you're fine, not an issue.
And what's been happening over the last year or two is their
house has
gone up in value so much that yes they can actually refinance or sell it, and as a result they don't need to do a consumer proposal or a bankruptcy to deal with their debts.
So I don't really see a problem with debt, you know, if it's good debt used to buy something that
goes up in value like your
house.
Oh, I know — the
house will
go up in value, it's the best investment you can make, blah, blah, blah.
So, let's assume I'm sitting
in your office right now and I tell you that I bought my
house a few years ago and it's
gone up in value and I just had local real estate agent tell me it's worth $ 400,000.
Your
house did not
go up in value really, but the IRS says you owe a capital gains tax on that $ 20,000 «gain.
So the
house only
went up in value by 20 %, but the return on your investment was 100 %.
Some people will say well, yes anything you borrow to create an asset, like a
house, to buy a
house, the
house will
go up in value therefore borrowing to buy a
house is a good thing, mortgage debt is good.
And since 66 % or 67 % of the people want to own their home and because you can borrow money on it and you're dreaming of buying a home, if you really believe that
houses are
going to
go up in value you buy one as soon as you can.
As more and more capital flows into an asset it
goes up in value as more outside money wants
in to a limited supply of a commodity, stock,
house, or tulip.
Land (not
houses)
goes up in value over time because we can't make more of it.
The
house has
gone up in value since then, but carrying a mortgage while raising two kids has turned into an endless struggle.
I think the key learnings from the economic tumble are that: 1) we all need a diversified portfolio (and the closer we are to needing the money, the safer investment vehicle you need it to be invested
in) and 2) we shouldn't build our financial futures on expectations (like borrowing way too much for a
house because we «know» it's
going to
go up in value.)
It might
go up in value, which is somewhat nice, but that's not its main purpose and for as long as you live
in the
house, you can not realise the increase
in value as you probably don't want to sell it.
In my case if I could borrow
up to 80 % of
house value (not sure if the bank would even
go for it), I'd be looking at a leverage of about $ 270k which is ridiculous.
Bankruptcies soared 32 %
in 2009 — A «perfect storm» of unemployment and plunging
house values sends filings
up to highest level since a 2005 reform law
went into effect.
Law.com has a new article
up that addresses the business
value of SEO for law firms; including some good tips on how to get an
in -
house program
up and
going.
The county decided our
house had
gone up in value by a few tens of thousands of dollars, and so that meant our taxes were
going up.
Hey folks, got a good deal on a
house in a very hot neighborhood that is
going up in value quickly.
Let's say the prospect says that she read an article
in the newspaper that told her prices were
going up in her area, she heard from her friends about
housing values in the area, and she used the Internet to find an estimated
value of her home.
As a Mortgage Broker, we arrange them the Bridge Financing to close the
house without the sale of existing
house or sometimes we help clients close new purchase with Private Funds
in order to save themselves from Legal issues or financial losses, specially when the
Values of new purchase have
gone up a lot, we see that
in the Builder Purchase Closings these days.
Current
value ~ $ 15,000 (also not likely to
go up much but I don't care as I basically have zero
in the
house and land).
As Sean mentions the competition these days at court
house steps is intense and if a property
goes 3P that means it had some equity and there would be multiple investors tracking it (of course there is always the home owner buying it back and will pay more than an investor or someone who actually wants to move
in and will pay right
up to fair market
value for it)..
Perhaps CREA should have promoted REALTOR
value, with two REALTOR's
in business suits sitting
in a rocket that was just about to blast off to Mars, but just before they are about to
go with «throttle
up» one REALTOR says to the other: wait a minute, «it's selling a
house not launching a rocket to Mars»!
But
in the years since you got the mortgage, you paid down some of the debt and, more importantly, the
value of your
house went up a lot.
In October, the economic research team at Zillow issued this 12 - month forecast for the U.S.
housing market: «United States home
values have
gone up 5.1 % over the past year and Zillow predicts they will rise 2.7 % within the next year [through October 2017].»
So the more defects Dov Herman can find, the more money you can save which
in turn better fixes your
house and makes it worth more money as the market
value goes up.
The customer thinks their
house has
gone up in value, so how do you verify that?
Justin Palmer — Definitely, it's something that is tough for us to
go and get scale, because we have also stepped
up in deal size, our first couple of deals were
in the five to 10 million range, and now we're doing 30 to 100 million, and we'd like to stay above 30, but we are
going out looking at other markets, particularly
in the multi family and senior
housing space, we think there's still a lot of opportunity
in housing and urban markets around the country, there's a lot of urban markets well they're are seeing tremendous growth, and I think that's more of a structural shift
in where people want to live and work, and I think like you said, you're probably not
going to see the rent growths you've seen around the country
in the past four or five years, but there are still opportunities to
go buy a B asset and turn it into a B + over the next 3 to 5 years and make good
value there.
Like many investors, they were counting on the fact that the
houses would
go up in value, their residents would pay off their loans, and the tax advantages of owning real estate would help their bottom line.
Housing inventory is at extreme lows right now and that leads us to question where home
values are
going to end
up in the near future.
It's hard to imagine these highly
in - demand
housing markets — where home prices have been
going nowhere lately but
up,
up,
up — losing
value in a downturn.
Understanding this principle separates you from being a «speculator» — someone who is just buying a
house in the hopes that it will
go up in value — to a true «investor» — someone who understands expenses involved
in real estate and doesn't just make wild guesses about the future.
However, the only potential I see
in houses is to wait for them to
go up in value because they will barely break even on the cash flow.
If your rental property is situated
in a good, above - average location with the right environment, given how the Real Estate market is
going these days, it can appreciate over the years which will end
up increasing the property
value of your
house and even allowing you to raise your rent as well overtime.