Sentences with phrase «more than the value of the property»

When the loan must be paid, the borrower (or the heirs) will owe no more than the value of the property if the loan exceeds the value of the property.
The purpose of having a loan - to - value ratio in a mortgage loan is to make sure that lenders do not loan money to borrowers for more than the value of the property.
The VA loan was designed to offer 100 % financing to active and retired military personnel with no down payment necessary, unless the lender requires it or if the purchase price is more than the value of the property.
Even in cases where someone is able to afford a lawyer, it may not be worth it because the legal fees will likely cost more than the value of the property being seized.
You can reduce the coverage limits on your commercial property insurance policy if it covers more than the value of the property.
Appraisal: a document that gives an estimate of a property's fair market value; an appraisal is generally required by a lender before loan approval to ensure that the mortgage loan amount is not more than the value of the property.

Not exact matches

Crockett, who is bullish on SeaWorld, notes that even if things get much worse, the company has a portfolio of properties that, in its IPO filings, was valued at $ 5 billion; that's more than two times the current value of its market cap and debt.
The Kelleys say AmSouth Bank, which later merged with Regions, relied on an inflated appraisal of their home and knowingly assumed the risk that property values would fall, leaving the Kelleys» mortgage worth more than their home.
Property taxes paid also are relatively high because the median home value and tax rate are higher than in more than half of the states.
The indices are backed by a national database of more than 200 million property records dating back to 1987 and use what the company calls «Big Data techniques» and new algorithms to track an individual home's value on a monthly basis and create forecasts to predict the home's future value.
However, since homes there are also worth more than elsewhere in the state, property taxes as a percentage of home value are actually below the state's average.
To compound this problem, mall owners are now starting to mail in the keys to financially troubled malls: More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LIMore mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate... [as] some of the largest U.S. landlords are calculating it is more advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LImore advantageous to hand over ownership to lenders than to attempt to restructure debts on properties with darkening outlooks (LINK).
We've completed more than 1,000 transactions in 39 states involving aggregate property values of over $ 2 billion.
Charitable contributions to public charities of capital gain property held for more than one year are usually deductible at fair market values.
That portfolio now includes some 106 properties in the tri-stat area covering more than 18 million square feet and with a gross value of about $ 5.5 billion.
In other words, it's required when a single loan accounts for more than 80 % of the appraised property value.
In other words, it comes into the picture when a person borrows more than 80 % of the property value.
If your loan accounts for more than 80 % of the property value, as determined by an appraiser, you will probably have to pay some form of insurance in order to close.
Property values have more than doubled in some areas of the country.
Property values in the Austrian capital have risen by more than half (55.1 %) since the start of the global financial crisis 2008 and they are still rising, says a new 2013/14 Vienna Residential Report from global agent Knight Frank.
Rising home values have lifted more borrowers out of the hole of owing more than their properties are worth, an encouraging sign for an economy still closely tied to the health of the housing market.
With mortgage providers offering mortgages with an LTV (loan to value) ratio of not more than 80 to 85 percent, the hurdle of needing to accumulate a saved lump sum before becoming a property owner would be drastically reduced.
The value of foreign property purchases in Greece grew by more than a third in 2016, boosted by its «Golden Visa».
A mortgage for more than 75 % of the property value.
Such a view would not be quite so absurd as might at first appear: the divine temporal evaluations would seem to be no more arbitrary than those of the constitution of the primordial nature in Whitehead's view; and the divine subjective aim toward the maximum of value intensity, together with the property of everlastingness and the Categoreal Obligations (constituted by the primordial nature) of Subjective Unity and Subjective Harmony, would seem sufficient to insure the mutual coherence of the growing series of divine temporal evaluations.
Now it would not be difficult to find a Lockean conception of property and other Lockean influences throughout Jefferson's corpus — many other scholars have done it — and Madison's account of property, expanded to «embrace every thing to which a man may attach a value and have the right,» appears to be more Lockean than Locke's.
The inequality of laws concerning punishment of suspicion of adultery, the pervasiveness of polygamy, the fact that women were viewed as property, the lesser value ascribed to baby girls, and the suggestion that women are more easily deceived than men are all striking problems for modern readers... and as Christians we should not underestimate the impact they may have on unbelieving seekers.
Mr Newnham said while he expected the property values to rise he wanted the fund to be recognised more for its strong cash profits rather than the variable statutory profit that includes the increase or decrease in the value of properties.
«The value of this property is substantially more than [$ 250,000],» Stauber said.
There is a limitation to the model: the WAS data underpinning it does not capture the value of residential properties that are owned by entities other than private individuals and households, which HMRC statistics suggest are a relatively large share of high - value properties (for example, two - thirds of properties built for more than # 2 million in the UK were purchased by companies or trusts).
«The value of my home is a little more than a third of Bill de Blasio's, yet I'm paying more in property taxes,» said Malliotakis, vowing an overhaul.
Land banks» preventive maintenance reduces cities» costs of code enforcement, lawn - mowing and board - ups, and court - ordered demolitions and contributes more to the stabilization of property values than those reactive interventions.
Albany officials have long complained that more than half of their property is ineligible for taxation, and in the instance of the Harriman Campus, which is valued at over $ 650 million, doesn't pay a payment - in - lieu - of - taxes, or PILOT.
The home value in Brooklyn is more than triple that of Sullivan County, for example, but the property tax bills are within a few hundred dollars of each other.
More than a quarter of real property value across the state is exempt from county and local property taxes, totaling $ 680 billion — a cost that carries a burden for municipalities, Comptroller Tom DiNapoli found in a report issued today.
The value increases to $ 826 billion for properties exempt from more than one type of local government or school district taxes.
Across New York, DiNapoli's report noted the percentage of exempt property value ranges from less than 10 percent in several municipalities to more than 60 percent in others.
Bolton, due to its high property values, relies less on state aid, which totaled more than $ 745,000 in a budget of $ 8.3 million in 2010 - 11.
Cuomo's budget office estimates that the provision will hurt 1.7 million middle class to wealthy homeowners in New York who pay much more than $ 10,000 annually — 46 percent of all homeowners statewide itemize deductions — as well as reduce property values because of the eroded tax shelter of homeownership.
Developer Charles E. Hoffman of Halfmoon paid approximately $ 22,500 for the parcels even though an appraiser hired by the town estimated the value of the properties — which were decommissioned water - supply sites — at more than $ 250,000.
In many cases, the modern boundary triplets» methods have appeared to offer a more convenient tool than standard methods of extension theory, for instance, when treating boundary value problems or various spectral and scattering properties of differential operators.
If they disappear, more than a million additional people and billions of dollars in property value will be vulnerable to damage, says a paper published yesterday in the journal Nature Climate Change.
«Cities are worth more than they cost to build so we should be able to get more of them at a profit,» Romer noted, because the gain in the value of city property should be more than enough to compensate a government for building and running a city.
Buy more than one piece of property in the same district and the value of your assets rises.
Your academic methods and original resources are your intellectual property (IP), and more than that, they are the bread and butter of your professional value proposition.
As a result, including the TIF value makes it appear as if school districts have more property wealth than is actually the case, and reduce the amount of state funding it receives.
It limits property tax rates to no more than 1 % of full cash value.
The accessModeSufficient property, as defined in [schema.org], allows more complicated expressions than can be represented in the EPUB 2 or 3 Package Document (e.g., defininition of lists of values and inclusion of a human - readable description).
While the estimate may not be the actual or appraised value of your property, this can be a much more useful too than Zillow to gauge fluctuations and trends in your market which affect your home's value.
• The home's purchase price must be no more than the appraised value of the property.
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