Sentences with phrase «on appraised value»

The lender will give the loan based on the appraised value of the property, and if the appraisal comes in low, you may decide to cancel the loan.
Get flexible access to ongoing credit based on the appraised value of your home.
The amount they offer depends on the appraised value of the vehicle, up to $ 10,000.
The lender's maximum loan amount is based on appraised value if it is lower than the purchase price.
Your loan limit is based on the appraised value after the improvements have been made.
Another problem many analysts have with relying on appraised values is that appraised values fail to measure directly periodic cash flows for the company whose assets are being appraised.
The greatest indicator and influence on the appraised value of your property are the surrounding recent comparable sales.
The actual amount in each case depends on appraised value of the property in question.
The lender will then calculate a loan amount based on your appraised value.
The lender's maximum loan amount is based on appraised value if it is lower than the purchase price.
Your loan limit is based on the appraised value after the improvements have been made.
Buyers and sellers rely on the appraised value to confirm a fair price for the property.
You can get up to $ 10,000 depending on the appraised value of your car and the laws in your state.
Insurers typically base the price of artwork riders on the appraised value of your art and your home's distance from a fire hydrant.
Private Lenders concentrate on the appraised value of the house and value of existing debts when deciding whether or not to approve loan applications.
Also, you can count the rents from the other three units IMMEDIATELY as income - those rental amounts are based on an appraised value for the area.
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.
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.
You may be required to bring some cash to closing depending on the appraised value.
When you refinance, the hoarders may have a negative impact on the appraised value.
It is based on an appraised value of $ 300,000, origination charges of $ 5,000, a mortgage insurance premium of $ 7,500, other settlement costs of $ 2,783, a lender credit of $ 1000, and a mortgage payoff of $ 130,000; amortized over 145 months, with total finance charges of $ 111,075 and an annual percentage rate of 5.68 %.
The reason is the traditional sources firstly verify the borrower's income, decide the loan amount on the appraised value of the property and then go through a number of procedures to grant the loan.
Based on the appraised value of the land, landowners can deduct up to 50 % of their income in one year and any remaining write - off over the succeeding 15 years; farmers and ranchers can deduct 100 % in any period from one to 16 years.
For example, they cap the total amount of loan that you are able to receive based on the appraised value of homes in the area.
Origination fees are government regulated and based on the appraised value of the home.
Loan amounts start at $ 2,600 and go up depending on the appraised value of your vehicle.
It is based on an appraised value of $ 300,000, origination charges of $ 5,000, a mortgage insurance premium of $ 6,000, other settlement costs of $ 2,688, and a mortgage payoff of $ 35,000; amortized over 193 months, with total finance charges of $ 51,714.48 and an annual percentage rate of 4.53 %.
You can get up to $ 10,000 depending on the appraised value of your car.
You can get up to $ 10,000 depending on the appraised value of your car and your ability to repay.
Loan amounts are based on the appraised value of your vehicle and average around $ 2,000.
For every loan done, a title report must be obtained from a Title Company and the company has to insure the Lender in the transaction for the required dollar amount based on appraised value, etc..
You may borrow up to the following limits based on the appraised value:
Or an unemployed homeowner in Leaside can score a HELOC for $ 500,000 on an appraised value of $ 1 million, regardless of earned income.
You may borrow up to the following limits based on the appraised value or sales price, whichever is less:
Lender fees and closing costs (including prepaid funds) may be contributed by the seller or may be eligible to include in the loan, depending on the appraised value
For homeowners, the change in the loan limit could increase the amount that some may borrow with an HECM reverse mortgage, depending on the appraised value of the home or its sales price.
For example, if you owed $ 80,000 on your home, you might qualify for a $ 100,000 MDCL (depending on the appraised value of your house) and have $ 20,000 — minus the closing costs — left to pay off credit cards, medical bills or whatever other unsecured debt you have.
If you wish to give the property outright, you qualify for a charitable income tax deduction based on the appraised value of the property.
For every loan done, a title report must be obtained from a Title Company and the company has to insure the Lender in the transaction for the required dollar amount based on appraised value, etc..
Also, the loan - to - value ratio is based on the appraised value and helps lenders figure out how much money may be borrowed to purchase the property and under what terms.
Depending on the appraised value of the two family you may even be able to cash out some of the money to invest in the SFH.
Was it a cash purchase that's allowing you to refinance as a posse to buying at 80 % and refinancing based on appraised value?
It is based on an appraised value of $ 300,000, origination charges of $ 5,000, a mortgage insurance premium of $ 6,000, other settlement costs of $ 2,688, and a mortgage payoff of $ 35,000; amortized over 193 months, with total finance charges of $ 51,714.48 and an annual percentage rate of 4.53 %.
While a bank will only fund a loan amount equal to no more than 80 % loan - to - value (LTV) of the actual purchase price, Montegra uses the appraised value to determine the loan amount and can make loans of up to 70 % LTV based on the appraised value.
Further, if the investor in the above example seasons his property, that is owns the property for more than a minimum amount of time (6 months - 12 months is usual), then it may become possible for him to refinance based on the appraised value of the property rather than the lower of appraised value or cost.
These loans have up to 65 % LTV ratios (based on the appraised value).
The terms for this loan type stipulate a maximum of $ 4,000,000 in size and up to 65 % LTV (based on the appraised value).
If the house appraisal comes in less than the agreed - on price, you could be left to make up the difference out of pocket, since lenders approve loans based on the appraised value, not the contract price.
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