Sentences with phrase «little equity built»

That's the insurance you pay to the lender when you have little equity built up.

Not exact matches

You might be surprised how little equity is actually required to build a marketing - leading, cash flow positive, high growth, hardware related company.»

And I learned the hard way that the amount of equity I build is no match for maintenance, renovation, and the thousand other little nicks and expenses that owning a house entails.

As so many entrepreneurs do, they'd built an organization so reliant on themselves that it had little equity apart from them.

When borrowers request a loan for an amount that is at or near the appraised value, and therefore a higher loan - to - value ratio, lenders perceive that there is a greater chance of the loan going into default because there is little to no equity built up within the property.

 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).

But every day I blow four to 10 strokes that really don't matter and lose a little to build up equity for later on.

I cheat a little though and count the principle portion of my mortgage payment each month because it builds equity into my house and adds to my overall net worth.

I'm building equity and I can still take my little girl out for treats.»

Many of these borrowers had built up equity in their homes, but after pulling it out to pay everyday expenses, had little left and nowhere to turn when financing dried up.

This program makes it possible for qualifying newcomers to Canada to secure a mortgage with as little as five per cent down payment, that way, they can start building equity sooner.

Money comes is, equity builds and the owner is left with very little cost each month while the property builds a nest egg.

In a paper last month, they proposed a new mortgage product that would allow home buyers to build equity faster than the standard 30 - year fixed - rate mortgage with little or no down payment.

If they can obtain a great house that offers better quality of living, build a little equity and pay less per month than what rent would be, why not get a 50 or even a 99 year mortgage?

Most folks don't stay put, however, so they end up paying a whole lot toward interest and very little toward building equity before buying a bigger, «better» place.)

A little drunk on the autonomy they've built over the years — and often having built a massive amount of sweat equity with the business» founders — they become mavericks.

If you haven't been building social equity with your network, you'll have little to draw from later.

But, in failing to do that, I hope at least that you begin to build a little wealth outside of your home equity and retirement accounts.

«I had a lot of customers who basically had to move, for any number of reasons, but couldn't afford to sell because they had very little, if any, equity built up in the house,» says Hazzi.

Often times, these consumers end up shelling out a lot of money in fees to the lender for little to no reward — in some cases, the veterans even see most of the equity they built up in their home stripped through the transaction.

«Lots of older leases are under market value and even though some of the buildings might seem a little tired, there is still equity in those leases,» says Haddigan.

At that buy price there would've been little to no margin in the rehab for a flip so most likely a local investor was buying it to rent and was happy with 5k in built in equity.