Sentences with phrase «market value of the house at»

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.

Not exact matches

«When the housing market crashed, owners of the least valuable homes were especially hard hit, and lost more home value than homeowners at the upper end of the market,» Zillow senior economist Aaron Terrazas said in the report.
In San Francisco, one of the most unaffordable housing markets in the country, homes valued at $ 1 million or more now make up two - thirds of the housing market — triple the share in 2012.
At Berkshire Hathaway's recent annual shareholders meeting, an investor asked Buffett about the relevance of two popular measures of stock market value: 1) market cap - to - GDP, which Buffett once heralded as «probably the best single measure of where valuations stand at any given moment» and 2) the cyclically - adjusted price - earnings ratio (CAPE), which was made famous by Nobel prize winner Robert Shiller and was seen as accurately predicting the dot - com bubble and the housing bubblAt Berkshire Hathaway's recent annual shareholders meeting, an investor asked Buffett about the relevance of two popular measures of stock market value: 1) market cap - to - GDP, which Buffett once heralded as «probably the best single measure of where valuations stand at any given moment» and 2) the cyclically - adjusted price - earnings ratio (CAPE), which was made famous by Nobel prize winner Robert Shiller and was seen as accurately predicting the dot - com bubble and the housing bubblat any given moment» and 2) the cyclically - adjusted price - earnings ratio (CAPE), which was made famous by Nobel prize winner Robert Shiller and was seen as accurately predicting the dot - com bubble and the housing bubble.
The RBC Housing Affordability measure, which has been compiled since 1985, is based on the calculated costs of owning a detached bungalow (a reasonable property benchmark for the housing market in Canada) at marketHousing Affordability measure, which has been compiled since 1985, is based on the calculated costs of owning a detached bungalow (a reasonable property benchmark for the housing market in Canada) at markethousing market in Canada) at market value.
The RBC housing affordability measure captures the proportion of pre-tax household income that would be needed to service the costs of owning a specified category of home at current market values (a fall in the measure represents an improvement in affordability).
Fresno Housing Market Forecast Fresno is expected to see a healthy level of home - value appreciation during 2017, according to the real estate research team at Zillow.
Richard: Great insight as always, and last time we talked about the commercial real estate bubble and we thought today we'd do a special focus on the millennial generation and how financial repression through repressed interest rates and quantitative easing has resulted in asset bubbles that ultimately have affected the millennial generation in terms of their values, how they look at the economy and life and the way they're conducting themselves in the economy: what they're facing in terms of the housing market and the job situation.
Last time we talked about the commercial real estate bubble and we thought today we'd do a special focus on the millennial generation and how financial repression through repressed interest rates and quantitative easing has resulted in asset bubbles that ultimately have affected the millennial generation in terms of their values, how they look at the economy and life and the way they're conducting themselves in the economy: what they're facing in terms of the housing market and the job situation.
much like when a country can't divulge highly classified information publicly for obvious economic and military reasons, a professional soccer organization must keep certain things in - house so they don't devalue a player, expose a weakness, provide info that could give an opposing club leverage in future negotiations and / or give them vital intel regarding a future match, but when dishonesty becomes the norm the relationship between cub and fan will surely deteriorate... in our particular case, our club has done an absolutely atrocious job when it comes to cultivating a healthy and honest relationship with the media or their fans, which has contributed greatly to our lack of success in the transfer market... along with poor decisions involving weekly wages, we can't ever seem to get true market value for most of our outgoing players and other teams seem to squeeze every last cent out of us when we are looking to buy; why wouldn't they, when you go to the table with such a openly desperate and dysfunctional team like ours, you have all the leverage; made even worse by the fact that who wouldn't want to see our incredibly arrogant and thrifty manager squirm during the process... the real issue at this club is respect, a word that appears to be entirely lost on those within our hierarchy... this is the starting point from which all great relationships between club and supporters form... this doesn't mean that a team can't make mistakes along the way, that's just human nature, it's about how they chose to deal with these situations that will determine if this relationship flourishes or devolves..
The scheme entitles eligible tenants to buy their home at a minimum discount of 32 per cent of the market value for a house or 44 per cent for a flat.
Lagos State has one of the most expensive housing markets of any city in Africa, and, as the rich increasingly use property as a store of value, poor people — especially those who live around wealthy neighbourhoods — are at greater risk of losing their homes.
Because of expected revenue from sources other than taxes, it projects a $ 2.32 savings for owners of a house in the town with a $ 500,000 market value, and a savings of $ 8.12 for those with houses valued at $ 1.8 million.
That is, the public consumption of publicly available value - added data, at least in Los Angeles, does not (yet) seem to be correlated with or causing really anything in the housing market.
Block - busting in this case is the practice of purposefully selling a house to a Black family in an all - white community and then pressure the white families to sell their properties at a price below market value «in order to «get out» before more blacks moved in and their home values dropped even further.»
For example, you could (1) keep the house or automobile and the debt (as long as you are current and continue keeping them current)(2) «redeem» the automobile (pay it off at it's current «fair market value») or (3) return the home or vehicle, and any balance due is included in your bankruptcy and the balance of the debt is wiped out.
Then what happens is they increase the purchase price of the home to compensate for the commission and now it becomes practically impossible to sell your house when it's at or over market value in such a short time.
As San Jose's real estate market sizzles, the value of land beneath the city's 59 mobile home parks has more than tripled — pushing landowners to sell to eager developers chomping at the bit to build market - rate housing.
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.
Your cousin will, at the end of all the paperwork, own a house worth market price, on which they will owe the bank only a fraction of half the value of.
Much, but not all of the upset in the lending markets (which, if you look at swap spreads, the current manifestation of the crisis seems to be passing — down 4 basis points today), is from deflating values in housing.
To this point, Pulsenomics, recently surveyed a panel of over 100 economists, investment strategists, and housing market analysts, asking the question «In your opinion, at what level will the 30 - year fixed rate mortgage rate significantly slow home value appreciation?»
The real estate agent should make it known that the sale of the home is contingent on both VA approval, and the house being sold at its current, fair market value.
With interest rates still at historic lows and new increased values of housing (thanks to the hot housing market in BC), homeowners are refinancing and unlocking their home equity to pay for home improvements, hoping to lock in low rates and savings.
The valuation enables you to test whether the market value of the in - house assets exceed 5 % of the funds» total assets at the end of a year of income.
The appraiser will look at a number of factors to estimate the «market value» of a house, including:
Uncertainty in housing markets and the economy are forcing financial institutions to mark mortgage securities at fire - sale prices, rather than their value if held to maturity, effectively creating a vicious circle of more write - downs that further depress asset values, Mr. Bernanke explained.
My house is at a market value of 176k.
Meanwhile, RealityTrac reckons 6.1 million borrowers whose homes were underwater (they owed more on their mortgage than the market value of their property) at the height of the housing crash now have their heads above water again.
But with auction houses now reluctant to guarantee sales, and demand at various levels of the market cooling, private owners of high - value artworks are also turning to dealers in the discreet search for buyers.
These contracts include everything a regular lease does plus the amount of the option fee, termination details, what happens to extra rent paid, and whether the house will have a set price or be sold at market value.
For example, suppose that the house had a fair market value of $ 100,000 that was increasing at a rate of $ 1,000 per year, and the original loan amount was $ 80,000.
Although the housing market has been turbulent since the housing bubble burst that started around 2006, the median value of a home in Scottsdale still remained at $ 491,800 between 2006 and 2008, according to a U.S. Census Bureau American Community Survey.
Yes, I am looking at comps to figure out the After Repaired Values (based on what similar houses are selling for in the area, days on market, number of houses for sale and sold in the last 3 to 6 months).
«Home values were pushed higher once again by the demand for housing outpacing the stock of available homes,» says Bill Banfield, vice president of Capital Markets at Quicken Loans.
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)..
Home values across the country are growing at their fastest pace since 2006, with many markets setting new records — one of the reasons why the White House is worth more now than it has ever been.»
Sold to cash buyer for 135K... a tad under market value, but the benefit was a quick close, my tenant could stay if they wanted (they were in a month to month lease at the time) and the best part was I didn't have to do any of the «turnover» because the house was never listed on the MLS.
Oranjezicht is the leader in terms of the highest volume of freehold houses sold with some 47 units sold to the combined value of R405.59 m at an average price of R8.63 m, almost R1m more compared to 2014 when it was around R7.7 m. Most notably, the average time that properties have spent on the market is just six weeks.
The value for them may not be immediate equity by getting it at a low price but maybe they're willing to pay purchase plus rehab and be at 100 % of market value, but have a house that is exactly what they want and all the finishes that they chose not someone else's design tastes.
«When the housing market crashed, owners of the least valuable homes were especially hard hit and lost more home value than homeowners at the upper end of the market,» says Aaron Terrazas, senior economist at Zillow.
Housing markets in the South are experiencing higher levels of appreciation than those in California, which had been at the forefront of rising values, according to the Zillow Real Estate Market Reports for January.
Besides providing you with a comparative market analysis, an in - depth look at house values, a rock star agent «knows the current condition of the market and what is a fair price,» says Phillia Kim Downs, a New York, NY, agent.
Thinking, Fast and Slow presents this through an experiment that was conducted among real estate agents who were given the opportunity to value a real house on the market at the time of the experiment.
The cumulative value of the U.S. housing market grew at its fastest annual pace.
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.
Market value is the price the house will bring at a given point in time, once the buyer and seller establish a «meeting of the minds» on price.
After the 2007 housing crisis, more than a quarter of all Las Vegas mortgages were «underwater», which means homeowners owed at least 125 % more than the actual market value of their homes.
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«The Value of Green Labels in the California Housing Market» has been submitted for presentation at the 2013 Annual Meeting of the American Economic Association and will be submitted to a scientific journal in fall 2012.
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