Sentences with phrase «needs than primary residences»

For example, vacation homes may have lower contents coverage needs than primary residences, and if you rent out property when you are not using it, you may need to purchase a landlord insurance policy in order to be sure your property is properly covered.

For example, secondary homes may have lower contents coverage needs than primary residences, but if you rent out the properties or leave them empty and unattended for several months out of the year, your costs may increase significantly.

For example, your vacation home may have lower contents coverage needs than your primary residence, but it may be in an area more prone to severe weather events or it may sit empty for several months out of the year.

For example, your vacation home may have lower contents coverage needs than your primary residence, but it may be in an area more prone to severe weather or it may sit empty for several months out of the year.

Not exact matches

(Basically you need to make $ 200,000 a year, or $ 300,000 with a spouse, or have more than $ 1 million of net worth excluding your primary residence.)

The FHA 203 (k) Full Loan is intended for a primary residence that needs serious or significant repairs, while the Streamline Loan is used to cover minor repairs totaling less than $ 35,000.

A family looking to purchase a vacation house, for example, will have different home loan needs than someone shopping for a primary residence.

If the borrower plans to use the residence, but has a source of income other than the farm which will be the primary source of income, then the farming operations need not be considered.

Borrowers may also need to have cash reserves if they're more than 12 months removed from converting a primary residence into a rental property.

(1) the temperament and developmental needs of the child; (2) the capacity and the disposition of the parents to understand and meet the needs of the child; (3) the preferences of each child; (4) the wishes of the parents as to custody; (5) the past and current interaction and relationship of the child with each parent, the child's siblings, and any other person, including a grandparent, who may significantly affect the best interest of the child; (6) the actions of each parent to encourage the continuing parent child relationship between the child and the other parent, as is appropriate, including compliance with court orders; (7) the manipulation by or coercive behavior of the parents in an effort to involve the child in the parents» dispute; (8) any effort by one parent to disparage the other parent in front of the child; (9) the ability of each parent to be actively involved in the life of the child; (10) the child's adjustment to his or her home, school, and community environments; (11) the stability of the child's existing and proposed residences; (12) the mental and physical health of all individuals involved, except that a disability of a proposed custodial parent or other party, in and of itself, must not be determinative of custody unless the proposed custodial arrangement is not in the best interest of the child; (13) the child's cultural and spiritual background; (14) whether the child or a sibling of the child has been abused or neglected; (15) whether one parent has perpetrated domestic violence or child abuse or the effect on the child of the actions of an abuser if any domestic violence has occurred between the parents or between a parent and another individual or between the parent and the child; (16) whether one parent has relocated more than one hundred miles from the child's primary residence in the past year, unless the parent relocated for safety reasons; and (17) other factors as the court considers necessary.

If you own a second home or a vacation home, your insurance needs for these properties will be a bit different than they will for your primary residence.

Trip interruption is a valuable benefit that would pay for making necessary travel arrangements if you needed to return home earlier than planned due to covered reasons such as death of a close relative or your primary residence is flooded.

But second and vacation homes need just as much — if not more — insurance than primary residences, since they will likely be vacant more often or have more rental guests.

(1) the temperament and developmental needs of the child; (2) the capacity and the disposition of the parents to understand and meet the needs of the child; (3) the preferences of each child; (4) the wishes of the parents as to custody; (5) the past and current interaction and relationship of the child with each parent, the child's siblings, and any other person, including a grandparent, who may significantly affect the best interest of the child; (6) the actions of each parent to encourage the continuing parent child relationship between the child and the other parent, as is appropriate, including compliance with court orders; (7) the manipulation by or coercive behavior of the parents in an effort to involve the child in the parents» dispute; (8) any effort by one parent to disparage the other parent in front of the child; (9) the ability of each parent to be actively involved in the life of the child; (10) the child's adjustment to his or her home, school, and community environments; (11) the stability of the child's existing and proposed residences; (12) the mental and physical health of all individuals involved, except that a disability of a proposed custodial parent or other party, in and of itself, must not be determinative of custody unless the proposed custodial arrangement is not in the best interest of the child; (13) the child's cultural and spiritual background; (14) whether the child or a sibling of the child has been abused or neglected; (15) whether one parent has perpetrated domestic violence or child abuse or the effect on the child of the actions of an abuser if any domestic violence has occurred between the parents or between a parent and another individual or between the parent and the child; (16) whether one parent has relocated more than one hundred miles from the child's primary residence in the past year, unless the parent relocated for safety reasons; and (17) other factors as the court considers necessary

You can never owe more on the loan than your homes value so you do not need to repay the loan as long as you maintain the home as your primary residence.

If they're thinking of buying a foreclosure as an investment or second home, they need to understand that financing the home will be more difficult and more expensive than financing a primary residence.