Sentences with phrase «original cost of the home»

Foreclosed homes often are sold for a great deal less than the original cost of the home because the bank wants to stop paying to maintain the property.

Not exact matches

A taxpayer who sells their primary residence must reduce their original cost plus improvements by the amount of depreciation taken on the business use of the home.

It's important to keep in mind that refinancing comes with costs, such as closing fees, and may require you to present many of the same documents during the application process as you did with your original home purchase.

If your new interest rate is not sufficiently lower than your original loan, then those extra months of interest charges may increase the total cost of your home over the life of your loan.

Regardless of the value of a home, most mortgage insurance premiums cost between 0.5 % and as much as 5 % of the original amount of a mortgage loan per year.

Consider the cost of the home mortgage: Most people aren't aware that by the time they finish paying on a 30 - year loan, they will actually be paying over double the home's original value — due to interest!

If you think it will take a few years to pay off the home remodeling project paid for with a credit card you could end up paying 50 % or more in interest charges over the original cost of the renovation project.

We do adopt nationwide (and to Canada) as long as adopters are willing to come and pick up their adopted dogs in person (we do not ship any of our dogs) * and * if, for any reason at all, they can not keep one of our grads, they * must * be willing and able to return their adopted dog to his / her original foster home, despite distance and any costs that would be required to do so.

At a price of ~ $ 350 for the deluxe bundle packaged with goodies like a 32 GB hard drive and the game Nintendoland, or ~ $ 300 for the just the system with an 8 GB hard drive, parents on a budget may opt to fill a home's console vacancy with an original Wii, which retails at about half the price of the Wii U but comes with the cost of missing out on worthwhile exclusives, specifically Nintendoland and New Super Mario Bros..

While the original SolSource was a 3 - in - 1 solar device, capable of not just cooking food, but also generating electricity and purifying water, the latest version (said to be the result of building and testing 54 prototypes) is a dedicated solar cooker that has the potential to bring solar home in a low - cost and effective manner.

But if a car insurance or home insurance settlement exceeds the original cost of your property, the money could be considered income.

Because the purpose of insurance is to restore the insured asset (your home and property, in this case) to its original state, insurance companies use replacement cost rather than market value to determine the actual dollar value of coverage.

An average policy generally covers the cost of repairing or replacing your home to its original condition, plus about 50 percent of the policy limit for the value of belongings inside the home.

Regardless of the value of a home, most mortgage insurance premiums cost between 0.5 % and as much as 5 % of the original amount of a mortgage loan per year.

The airfare paid less the value of applied credit from an unused travel ticket to return home, join or rejoin the original Land / Sea Arrangements limited to the cost of one - way economy airfare or similar quality as the originally issued ticket by scheduled carrier.

Where repairs are concerned, that means using the same materials as were used in the original construction regardless of how much the cost of those materials have increased since the home was built.

Replacement cost means that if the home is damaged or destroyed, it will be repaired to the original condition, regardless of the actual cash value.

In terms of price, Google Home sells at $ 129 while the original Amazon Echo sells at $ 180, although, the second generation Amazon Echo model costs $ 99.00.

For the purchase and subsequent sale of a home, the basis generally refers to the original sale price plus any capital improvements and costs of closing.

Part of the sales pitch most realtors will use when trying to sell a client on Home Partners is that they have the option to purchase the house they are renting for 5 % above what Home Partners pays for it... But, by the time you account for their above market rents, a sizable initial repair budget (that the tenant / buyer has no control over what Home Partners decides to spend), maintenance and repairs while renting (yes, the tenant will have normal repairs and maintenance costs during their lease added to their purchase price), closing costs, and the company's 5 % fee - you should expect a right to purchase price that is more like 10 - 15 % higher than the original purchase price.

Should you paint or modify the property in any manner without permission, you will be charged for the cost of restoring the home to its original condition.

Correcting the problem required lifting the home from its foundations, replacing the foundations and moving the house back to its original position at a cost of $ 197,000 — almost double what the house and land cost in the first place.