Sentences with phrase «little equity left»

After selling the marital home she had very little equity left over.
Having too little equity left could prevent you from refinancing or make it difficult to afford to sell.
Lenders generally avoid houses with too much debt as it means there is too little equity left for the owner.
A value that is too high indicates that there is too little equity left with the borrower, for a private lender to benefit from.
LTV that is more than 85 % shows that there is too little equity left on that property for the private lender to leverage.

Not exact matches

Equities have benefitted from interest rates hovering near zero for a decade, leaving little alternatives for investors seeking higher returns.
I agree that this isn't a particularly bad time for investing in equities; it's just that it doesn't seem a good time either, with stocks seemingly priced for a strong recovery, leaving little room on the upside.
What problem would there be with staying in 100 % equities if you intend to leave the money in there forever and only withdraw your 3 - 4 % or if the stock market crashes then perhaps going down to a 2 % withdrawal rate / getting a little part time work / having a investment property on the side / living in India for a year?
In the 1950s and 1960s, African Americans were prohibited from borrowing through traditional means, so they entered into contract - for - deed arrangements, which left them with little equity to pass on to their children.
This is a big enough tax hit that owners are often left with little equity to acquire another investment property of similar or greater value, or they simply choose not to sell.
But the recession dealt a heavy blow to our schools and working families, No Child Left Behind took the focus off equity and put it on testing, and privatizers swooped in to capitalize on a system struggling from swift, unbridled change with little support, financial or otherwise.
The combined effect of home equity financing and dramatic losses in home value have left FHA with little choice but to take on high CLTV refinance mortgages, or risk acquiring more properties through foreclosure.
Currently working as a web developer for a Fortune 500 and running a little web design side business ~ $ 100k left on mortgage, but probably getting another $ 20k this year in an equity loan to remodel $ 2k Home Depot card at 0 % interest for hardwood flooring (I'll probably move that to the equity loan before the 0 % expires) $ 6900 left on last credit card — mostly motorcycle - related expenses 4 cars are paid for.
Depending on the home's value at that time and how much in interest and fees the reverse mortgage has accrued, there might be little to no equity left after the sale.
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.
Money comes is, equity builds and the owner is left with very little cost each month while the property builds a nest egg.
Perhaps most importantly, the reverse mortgage loan balance may increase faster than the home's value rises, which could erode the remaining home equity while the borrowers remain in the home, leaving little or nothing for the borrowers or their heirs.
They agreed with me, and that was put to rest... until I left the firm, and the equity own got the deal done, paying up a little more, but by no means what he should have.
Of course, with a mortgage the loan is generally being paid off while the house appreciates, so the equity usually increases... while with a life insurance policy, the loan can accrue interest, leaving little equity in the policy (even though the gain still looms large).
What I find is the best situation for a lease option is when the person has little to no equity or is upside down... the place needs a lot of repair work that they don't have money for... they have no desire to be a landlord... and they don't need to buy another house anytime soon so it's not problematic to leave the loan in their name for the duration of your lease option period.
Jay Lybik, vice president for market research at Equity Residential, a Chicago - based REIT, tracks move - outs closely and has witnessed little to no change in the number of residents leaving to buy a home.
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