Sentences with phrase «more older homeowners»

Not exact matches

While utilities have long discouraged energy storage by homeowners and industrial consumers because it threatens their revenue model, Brown says it makes a lot of sense, not just for enabling more renewable power but for lightening the load on old, creaky infrastructure.

Suffolk County officials will hold a town hall Monday night in Flanders for East End residents seeking more information on a proposed septic improvement program that would allow some homeowners to receive a grant toward replacing old wastewater systems with new technology.

The issue is immense and there are many older homes in our area needing inspection and potential lead abatement work, so this funding will critically strengthen our efforts and allow us to help more homeowners and landlords to recognize and ameliorate their lead problems.»

The reality is that the HECM reverse mortgage loan is a viable financial planning tool that has already helped more than one million homeowners ages 62 and older live more comfortably in retirement.

Though many think of refinancing as reserved for older, more seasoned homeowners, Millennials are bucking those stereotypes.

If you are a 68 year old homeowner with a $ 300,000 home, if you planned on waiting until after the summer so that you could get a little more appreciation or so that you would be within 6 months of your next birthday so you would get higher benefits, look at how these changes would affect you.

The program makes it possible for homeowners age 62 and older to move closer to family, downsize to a smaller home, such as a home on one level, or obtain homes with modifications that meet their needs, such as handrails, ramps and more.

With more companies using tricky and ill - intended marketing tactics, some older homeowners may find themselves unable judge the credibility of a lender or company by its advertisements.

The age of the borrower, or of the age of the younger spouse; the older the homeowner, the more money the homeowner is eligible to receive

• The age of the borrower, or of the age of the younger spouse; the older the homeowner, the more money the homeowner is eligible to receive • The appraised value of the property, minus the cost of any health or safety repairs required to bring the home up to code • The lending limits (where applicable); lending limits vary on a county by county basis • Interest rates, which are determined by the U.S. Treasury or LIBOR Index • The payment plan selected by the borrower

In 2017, itemizing mortgage interest on that amount allowed homeowners to deduct $ 19,000 more than the old standard deduction of $ 12,700.

For a five - year - old, $ 400,000 home in the general Whittier area, homeowner's premiums range from $ 581 to $ 2,373 — a difference of more than $ 1,500!

• There are more than 1.5 million of the homeowners, who are at least 50 years or even older and may have lost the house to foreclosure, since the year 2007, when the mortgage crisis actually began

According to the Census Bureau's 2013 American Housing Survey, more than 65 % of homeowners 65 and older own their homes free and clear.

The older the homeowner, the more valuable their home, and the lower the interest rate, the greater the benefit they are eligible to receive.

For a five - year - old, $ 400,000 home in the general Whittier area, homeowner's premiums range from $ 581 to $ 2,373 — a difference of more than $ 1,500!

Older homes in Ohio with older appliances that are more likely to catch fire will be more expensive to insure, regardless of whether you are the homeowner or the reOlder homes in Ohio with older appliances that are more likely to catch fire will be more expensive to insure, regardless of whether you are the homeowner or the reolder appliances that are more likely to catch fire will be more expensive to insure, regardless of whether you are the homeowner or the renter.

The threat of things like fire due to old wiring or a tree limb broken by some of that wonderful New England weather are very real, and few homeowners want to risk paying for that damage out - of - pocket (though the independent nature of most Granite State residents might mean there are more folks willing to take that chance in New Hampshire).

For Old Dominion residents who want more coverage or are looking to pay less for the coverage they already have, Virginia homeowners insurance quotes are likely to help.

One neighborhood of old bungalow - style houses in Lake Oswego, Ore., near Portland, was so popular with developers wanting to replace the homes with bigger ones that more than a dozen homeowners posted «not for sale» signs, the Dow Jones item says.

Older generations are more likely to have these types of smart home technology: 40 percent of homeowners over 65 years of age have smart temperature products, compared to 25 percent of millennials.

The use of the SPIS engenders significantly more importance re older properties, and then again, with rural properties, and even more so with older rural properties (wells, septic systems etc.), and then most importantly, with all of the above in hand, when insult is added to injury, with incompetent homeowner tampered - with jury - rigging / additions to whatever re: basements, garages, electro - mechanical systems etc., not to mention hidden building by - law infractions of a health endangering category.

Gen X homeowners — those aged 35 to 50 — wound up seeing the worst effects of the downturn, and though they have begun to recoup equity, they are doing so at a more sluggish pace than older generations, according to the recently released Zillow Home Equity Report.

The ideal candidate for a reverse mortgage is a homeowner who has significant equity in the home, is older — so that the payments are substantial, and more than enough to meet the owner's financial needs — and one who does not expect to pass the home on to his or her heirs.

Generally, the older the homeowner is and the more equity he or she has in the home, the bigger the payment from the lender.

Conversely, those most optimistic about buying are homeowners, older respondents and those living in the more affordable Midwest and South regions.

In contrast, more than six in 10 homeowners age 50 and older indicated that their projects ended up costing about what they budgeted, regardless of being completed DIY or by a professional.

Younger homeowners are more likely to be black / African - American, Latino / Hispanic, or Asian / Pacific Islander than older generations.

But more and more homeowners are discovering one of the oldest adages in the real estate book: If it sounds too good to be true, it's because it often is.

The older the homeowner, the more likely they live in an older home — with 31 percent of Baby Boomers living in homes built in 1960 or earlier.

Mark your calendars for Reverse Mortgage Education Week — April 23 - 27, 2018 — when NRMLA will host a series of informational webinars to introduce reverse mortgages to senior homeowners and more professionals who work with older adults.

During Reverse Mortgage Education Week, the National Reverse Mortgage Lenders Association hosts a series of free informational webinars for older homeowners, their loved ones, and the professionals who... more Reverse Mortgage Education Week Webinar Calendar

According to HUD, many homeowners ages 62 and older with sufficient equity in their homes may be eligible for a Home Equity Conversion Mortgage (HECM), or more commonly known as a reverse mortgage.1 Seniors often choose a HECM loan because of the many benefits that fit with their lifestyle.

Meanwhile, current homeowners, older consumers, and those living in more affordable housing markets in the Midwest and Southern regions express the most optimism about buying.

High lending standards that make it hard for millions of younger, single home buyers to get a mortgage are creating an older, more married and wealthier population of homeowners.

• While younger homeowners are more stressed (20 percent) compared to older homeowners when asked to look back on their first home, older homeowners were more proud (51 percent), more confident (20 percent) and far less stressed (9 percent).

As part of NMRLA's mission to educate consumers about reverse mortgages, we are coordinating a week of online learning opportunities for professionals who work with older adults so that they can help us raise awareness about this versatile financial product that more than a million homeowners have used to age in place.

Upgrading existing homes to include more energy efficient features can save money for those homeowners, especially in the Northeast and Upper Midwest, both of which have older housing stocks and colder climates.

The older the homeowner, the more valuable their home, and the lower the interest rate, the greater the benefit they are eligible to receive.

For younger more independent seniors in Encinitas, Solana Beach, Rancho Santa Fe, and the surrounding areas - we're happy to discuss some special tax advantages that downsizing older homeowners enjoy.

With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as - is, in which case the buyer will be responsible to update their new residence.

Demographic trends should continue to buoy the market over the next decade, with the rising tide of older homeowners accounting for more than three - quarters of projected growth.

Previous homeowners had also tried to make it look more «Victorian» by adding the dormer windows and such, but I KNEW this sweet old house was a bungalow.

These homeowners gave their old breakfast nook a more period - appropriate look for their home — a hutch.

In most cases, the homeowner begins to ask how they can overlay or remove that floor to lay down tile or some other floor, only to be told by the contractor that it would be insane not... MORE to simply re-finish the old floor, saving tons of money and becoming the envy of friends and family in the process.