Sentences with phrase «net equity in your house»
If the house is worth significantly more than the balance owing on the mortgage, to keep your house you would be required to pay to the trustee the net equity in your house.
http://www.bankruptcy-kitchener.com/ Not exact matches
«If the equity in your house represents more than 50 percent of your net worth, it could be a sign that you're going to retire broke,» he said.
Consumption was also supported by an increase in household net wealth in the December quarter of 4.2 per cent, driven by a substantial increase in the value of equities and rapid growth in house prices.
I'm in a similar boat to you, 31 with almost all of my net worth is stocks (plus a cash reserve and a bit of equity in the house) and ever so slightly behind the «above average» curve (had two kids in my early 20's, wife is a stay at home housemaker / homeschooler.
For better or worse, most of my net worth is equity in our house (lower return but less volatile than stocks — a bond substitute?).
Through my Roth IRA's (mutual funds) and the equity in my house, I have managed to build a net worth of $ 300,000 by 32, which I consider myself very fortunate since I am only a high - school grad and could have easily ended up with a dead - end job and a whole different story.
Although no one likes to pay more each month than they once did, the net result will be that homeowners will build equity in housing faster and therefore increase their net worth.»
In Ottawa, for example, a $ 300,000 house will rent for $ 1,600 per month and give you a net «yield» of 3.5 % resulting in a 3.3 % advantage for equities over housinIn Ottawa, for example, a $ 300,000 house will rent for $ 1,600 per month and give you a net «yield» of 3.5 % resulting in a 3.3 % advantage for equities over housinin a 3.3 % advantage for equities over housing.
Simon acts for a broad range of clients, including large corporates, private equity houses, financial institutions, banks and ultra-high net worth individuals, in addition to foreign government agencies and state - owned companies.
As a result the net housing equity has nearly doubled in the past four years.