Sentences with phrase «on appraised value at»

If a consumer does not know a GREAT Buyers agent saves their clients $ 10,000's of dollars because the agent could advertise such with full backup or a GREAT Sellers Agent sells their homes $ 10,000 higher than a similar $ 199 listing based on APPRAISED VALUE AT THE TIME OF LISTING, then comments like yours will remain in effect.

Not exact matches

There was one return that I worked on where someone purchased some hideous looking yard sculptures, let them sit around for several years, had them appraised at pretty high values and then donated them to some organization.

In appraising Dash's performance it is useful to look at Metcalfe's Law, which values social media assets based on a formula of network size.

As for Wenger, he's been at the club for 21 years and his earnings have only increased with each new contract over the years, in line with his peers, trends and value placed on his work by the owners who also appraise him.

are appraised based on their «At Auction» value, but then sold on their used car lot.

Under the Homeowner's Protection Act (HPA) of 1998, you can request PMI be removed from your mortgage when the balance on your loan reaches 80 % or less of the home's original purchase price or appraised value at the time of purchase (whichever is less).

I am told that I do not qualify for the FHA secure because my house does not appraise out at the value on my loan - and I am not 3 payments behind.

You have to be at least 55 to get a reverse mortgage, and your borrowing capacity is limited to 50 % of the home's appraised value, depending on age and location.

«FHA will determine when a borrower has reached the 78 % loan to value ratio based on the lower of the sales price or appraised value at origination.

For example, if the lower of the sales price or the appraised value at origination was $ 100,000, when the loan amount reaches $ 78,000, FHA will no longer collect annual mortgage insurance premiums on the loan.

The MIP charge at closing is calculated on the lesser of the appraised value of the home or the HECM loan limit, which is currently $ 679,650.

Insofar as portfolio companies own income - producing real estate (as many TAM portfolio companies do), the real estate accounted for under IFRS is carried at an appraised value based on appraisals by independent appraisal firms; under GAAP income producing real estate is carried at depreciated historic cost less impairments.

For example, a person with a home at an appraised value of $ 1 million would still have a significant cap on the amount of money they would be able to draw from a HECM reverse mortgage.

For example, a borrower requesting an equity loan of $ 20,000 on a home appraised at $ 100,000 with an existing mortgage lien of $ 50,000 would have a loan - to - value (LTV) ratio of 70 % (50,000 +20,000 / 100,000).

HUD homes for sale will typically already have an appraisal on the property so any offer over the HUD list price will probably also be over the current appraised value and then «cash would be required at closing» to make up the difference.

Depending on the type of loan you wish to obtain, the house will not only need to appraise at a certain value but may also need to pass certain health and safety standards.

In an upcoming blog post on Mason Hawkins I included this quote about selling: «We sell for four primary reasons: when the price reaches our appraised value; when the portfolio's risk / return profile can be significantly improved by selling, for example, a business at 80 % of its worth for an equally attractive one selling at only 40 % of its value; when the future earnings power is impaired by competitive or other threats to the business; or when we were wrong on management and changing the leadership would be too costly or problematic.»

He is making extra payments on his home and it has been appraised at a value $ 4,000 above original purchase price.

Weak appraisals are «driving down the real estate market» and «borders on buffoonery,» says William Maxwell, an expert in finance and professor at Southern Methodist University's business school, who has seen his own Dallas property fluctuate in appraised value by $ 60,000 in just a year.

If we ignore the commercial side and just look at our properties considered residential from a mortgage perspective, we pay just shy of $ 4500.00 / year in premiums on an appraised value of ~ 1.45 million.

Was it a cash purchase that's allowing you to refinance as a posse to buying at 80 % and refinancing based on appraised value?

I believe this property should appraise for at least $ 180,000, which means if the bank will provide a 70 % loan - to - value mortgage on this property, I should be able to get a loan for $ 126,000 — paying off my private lender entirely and allowing me to pay the bank loan back as well.

Deutsche subsidiary German American Capital Corp. issued a $ 26 million recapitalization loan for the 584 - room Pointe Hilton Tapatio Cliffs Resort on North 7th St. in Phoenix, which was appraised in 2015 at a value of $ 88 million, and a $ 21 million loan for the 147 - room Hampton Inn on Kearny Mesa Road in San Diego.

As a result, owners that today have a loan with an 85 percent loan - to - value ratio on a property appraised at $ 10 million may find that upon renewal the lender will only go 65 percent and lower the appraisal to $ 8 million.

The borrower may purchase a home at 100 % LTV based on the appraised value on a 30 year fixed rate loan.

The catch is that we have it valued at $ 1.8 M on our Personal Financial Statement because that was how much it was appraised for when we did our cash - out refi several months ago when our gross rent was at $ 11,200 / month.

But the plans are on - hold for now until home values in the area rebound more, since the cottages were being appraised at only $ 40,000.

The appraiser collects accurate physical data about the property being appraised, as well as other information such as lease agreements if the property is income producing, and then performs research on recent sales, listings, and cost data to arrive at their appraisal value estimate.

The fact that your property is rented quickly at the highest rental rate in the neighborhood has little to know impact on the appraised value of the property.