Sentences with phrase «net value of their house»

In other words 90 % of the net value of their house is tied up as a mortgage.

Not exact matches

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.
The couple have a paid off house in Oakville, Ont., valued at $ 850,000, and a net worth of $ 2.26 million.
Whilst buildings insurance is almost always a requirement (as houses aren't cheap to rebuild, and it is often a mandatory requirement for being granted a mortgage); the need for contents insurance will vary depending on the value of your contents and your net worth.
The annual net worth is figured using the investment account value plus the value of the house minus the outstanding mortgage balance.
[NB: i) Church House's Argo stake is held by the Deep Value Investments Fund, managed by Jeroen Bos — if you haven't read it already, I can highly recommend his recent book «Deep Value Investing», ii) XXX Capital Management is a well - known European hedge fund, which hasn't publicly disclosed a holding in Argo to date, hence the redaction — Argo management are obviously aware of their shareholding & support, and iii) the letter was based on a GBP 14p share price & a higher GBP / USD rate — at the current 13.875 p price and exchange rate, Argo now trades at a 36 % discount to net cash and investments, and a 47 % discount to net tangible assets.]
While you may still lose more net worth if your house decreases in value under a mortgage (as you still need to pay the same amount of interest), you would still have a larger cash value than you would if you had spent all your cash on the house.
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The reason for net metering being so important is that solar produces the most during the day when most people are out the house, this excess power is exported to the grid and the customer recieves retail value for that power in the for of a credit on your bill.
After the system is installed you'll be entitled to net metering.This agreement with your utility gives you full retail value for excess power exported to the grid, where this incentive draws the most importance is in the middle of the day when solar is producing the most power and most people are out of the house.
Think of it as a safety net mixed with some green marketing that can increase your house's value by up to 5 percent.
Mortgage credit loosened somewhat in June as a result of a slight net loosening in lender criteria regarding Federal Housing Administration and Department of Veterans Affairs loans with respect to minimum credit scores and maximum loan - to - value ratios.
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