Sentences with phrase «occupancy requirements as»

In addition, the Cash - Out refinance comes with the same occupancy requirements as VA purchase loans.

In addition, the Cash - Out refinance comes with the same occupancy requirements as VA purchase loans.

Not exact matches

Often, educational facilities have rooms that are only in use during particular times of the week and the occupancy data provided by access control systems can draw attention to these areas, giving the crucial information needed to determine which utilities need to be maximised and those that need to be minimised, such as Heating, Ventilation and Air Conditioning (HVAC) or lighting requirements.

If you are able to buy a property under market value (usually because it needs substantial rehab work), once you do the rehab work (and I don't mean «you» personally — you'd actually need to have it done by a licensed contractor under the terms of a 203k loan), you potentially get not only higher rents, but also the option to refinance the mortgage after the rehab is done (and once you've satisfied any owner - occupancy or seasoning requirements from the lender), which can be especially useful if you want to purchase additional rental properties (something sometimes referred to as the «BRRR method», for «Buy, Rehab, Rent, Refinance).

Yes; as long as the applicant meets all age and occupancy requirements, relation has no bearing on their ability to be on the title or the note.

Borrowers must complete and return an annual occupancy certificate stating the occupy the property as their primary residence (even though this is not a requirement in the reverse mortgage contract).

The occupancy requirement states that the borrower must occupy the property being purchased as their primary residence.

Will not be subject to unfeasible mandates: As written, if for particular building types or occupancies, such low energy targets are determined to be unfeasible, there is a mechanism to adjust those targets — removing the threat of unmanageable requirements.

Projects can be certified as «Living» if they demonstrate that they meet all of the program requirements after 12 months of continued operations and full occupancy.

Just as there are building codes limiting the maximum occupancy of a room, in particular a conference room, are there requirements for the minimum amount of space employers need to guarantee an office worker at their desk?

Just as there are building codes limiting the maximum occupancy of a room, in particular a conference room, are there requirements for the minimum amount of space employers need to guarantee an office...

Notwithstanding the foregoing, in the event that the originally scheduled trial date is continued for any reason, and upon motion of any party, the court after hearing shall require the tenant or occupant claiming under this section to deposit with the clerk of the court, the plaintiff's attorney, or other secure depository each month (or at such other intervals as the court deems just) the amounts due for use and occupancy, calculated according to the fair market value of the premises, which amounts shall be held in escrow pending final disposition, unless the court determines that such requirement would result in undue hardship to the tenant or occupant.

Administer tenant occupancy and provide new tenant with introductory letters as regards maintenance request and rent collection procedures, insurance requirements, and emergency contacts

I was considering rentals as my focus as a beginner but I know FHA has requirements of owner occupancy but I've been reading where I have some options after living in a FHA for 2 years.

You'll need to satisfy the VA's occupancy requirements and buy a home you'll live in as your primary residence.

Prior to the change, if someone who owns a unit in a condo project uses the unit as a second home, that unit doesn't count as part of FHA's 50 - percent owner - occupancy requirement.

As for the 1 year owner occupancy requirement, though I do not see it specifically state a minimum time in the hand book, I do see majority of people say the 1 year minimum occupancy is written in their loan agreement.

Licensees acting for either an owner - builder or a potential purchaser can check the HPO's New Homes Registry (lims.hpo.bc.ca / prs / NewHomes /) to determine whether a new home built under an Owner - Builder Authorization can be legally sold as having met the occupancy requirement.

FHA loans for single - family residences do have an occupancy requirement — the borrower must live in the home as his or her «principle residence».