Sentences with phrase «market value of one's house»

You can determine the fair market value of a house by seeing what similar homes have sold for recently, within the same area where the «target» house is located.
If they really wanted to fix things, they would simply write down existing mortgages to the current market value of houses.
You tend to focus on what you want to get after paying off the loan, rather than on the true market value of the house.
In the case of home equity, it's the difference between the current market value of your house and the money that you owe on it.
But if you are responsible for paying the remaining balance, then the amount you realize is equal to the fair market value of the house when it's foreclosed on.
It is signed by a judge and is calculated as follows: deficiency judgment = market value of the house - amount owed
The appeal court stated that in normal circumstances, the court would calculate a monetary judgment with reference to the mother - in - law's life expectancy when she moved in, and would multiply 29 % of the fair market value of the house at the date of trial by a fraction the denominator of which would be the number of years the children could have expected the mother - in - law to be in the house from the date when she moved in, and the numerator of which would be that number 9.
To get the full market value of your house, you may have to wait 3 - 6 + months... and often will need a real estate agent out there marketing your house to find you the best buyer.
The available equity -LRB-[current market value of house * 85 % LTV]- outstanding secured debts) at the date of review exceeds # 5k (anything below this value is considered de minimis and won't need to be released).
You still have 25 % of American homes in negative equity — that is, when the mortgages are higher than the market value of the housing.
If you have a mortgage, your mortgage payment doesn't decrease just because your salary decreases, nor because the market value of your house has decreased.
«The state will pay 100 percent of the market value of that house before the flood.»
The appraisal is an evaluation of the home and local market conditions used to determine the market value of a house.
Unless you strike a genuine bad market the value of the house should have risen in that time.
Unless you strike a real bad market the value of the house should have risen by then.
In addition, if the bank cancels your debt, meaning you no longer need to pay it back, then any amount in excess of the fair market value of the house is part of your ordinary taxable income.
Unless you hit a genuine bad market the value of the house should have risen in that time.
The lender requires this estimate of the market value of the house for the loan.
Unless you strike a real bad market the value of the house should have risen in that time.
LTV on a property is calculated by dividing the total of existing mortgages by the market value of a house.
Your agent should be able to help you answer this key question: What is the fair market value of my house?
The lender will arrange to have a professional appraiser estimate the market value of the house you plan to buy.
To calculate a property's LTV you divide the value of the existing mortgages by the market value of the house.
The market value of their house had ups and downs, but overall kept pace with inflation.
The ACV is the market value of your house, minus any depreciation.
Unless you strike an actual bad market the value of the house should have risen by then.
Unless you hit a real bad market the value of the house should have risen in that time.
It's important to know that it is not the market value of the house that is covered, but rather the rebuild value, which is often lower than the market value of the house.
Unless you struck an actual bad market the value of the house should have risen by then.
Unless you struck a real bad market the value of the house should have risen in that time.
You want to relocate but find that the market value of your house is less than your mortgage + home equity loan balance
Unless you hit an actual bad market the value of the house should have risen in that time.
Unless you hit a genuine bad market the value of the house should have risen by then.
Unless you struck a genuine bad market the value of the house should have risen in that time.
Unless you struck an actual bad market the value of the house should have risen in that time.
Unless you strike a genuine bad market the value of the house should have risen by then.
because the market value of our house, shares or retirement savings has risen.
It's important to know that it is not the market value of the house that is covered, but the rebuild value, which is often lower than the market value of the house.
The amount that you receive from your reverse mortgage will never exceed the market value of your house.
Now, I have two questions regarding the tax on capital gain that we should pay, as well as land transfer fee that my dad has to pay: (a) If we give the condo to my dad as a gift or sell it to him for let's say $ 1, do we need to pay tax on the capital gain based on the current market value of the house?
Take guesses at the current market value — no need to be super precise here, no one really knows the current market value of your house or car anyway.
To calculate property LTV, you need to divide the value of existing mortgages by the market value of the house.
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