This is to ensure folks with
less valuable property aren't paying higher premiums to ensure the luxury goods of a few.
Not exact matches
A secured loan, on the other hand, presents
less of a risk to the lender because it is secured against a piece of
valuable property — generally a house — that can be seized should a borrower fail to pay.
With a vast amount of experience, Russell gives
valuable insight into what is sometimes perceived to be the «
less glamorous» residential
property law sector.
The smaller the
property, the
less valuable cap rate is as a tool.
Having «goodwill» with 50 potential buyers for $ 100,000
properties is likely to be
less valuable than having 10 potential buyers for $ 10 million
properties.
According to Rich Vetstein, «The Massachusetts Supreme Judicial Court has held that off - site physical conditions may require disclosure if the conditions are unknown and not readily observable by the buyer and if the existence of those conditions is of sufficient materiality to affect the habitability, use, or enjoyment of the
property and, therefore, render the
property substantially
less desirable or
valuable to the objectively reasonable buyer.»
The Senate version of the tax bill would eliminate the deduction for local
property taxes (the House bill caps it at $ 10,000), and both the House and Senate bills would effectively make the mortgage - interest deduction
less valuable to many homeowners.