Sentences with phrase «original sale price»

Seems like you would be breaking even after paying 35 % short term tax on profit from original sale price?

We implemented this on our next sale and that property went under contract for the full and original sales price in less than two weeks.

This is in stark contrast to original sales prices which exceeded $ 500,000.

When the loan reaches 80 % of original sales price based upon regular amortization (the lender must do so automatically when it reaches 78 %); or

-- at a fraction (and I mean this quite literally) of their original sales price.

Paradoxically, a 30,000 - mile Boxster that's three to five years old feels in the gut like a lot of car for the money, but it's also one that has retained a good proportion of its original sale price.

Our story on a 1978 Chevrolet Corvette for sale with just 4.1 miles resurrects a perpetual question: Which cars available today would be worth putting into extended storage, banking on a time when the original sale price would seem like a bargain?

b) If the property was purchased less than one year preceding the application date, the LTV / CLTV (85 %) for the mortgage amount must be calculated using the lesser of the appraised value or the original sales price of the property.

c) If the property was acquired less than one year before the loan application, and the existing loan is not an FHA loan, the original sales price, must be considered in calculating the maximum mortgage.

The calculation is based either off the appraised value or the original sales price, depending on the length of time the borrower has owned the property.

Currently, if you are paying MI, you can drop this added monthly fee after 5 years of owning your home, as long as you have made on - time payments and have paid the loan down to 78 % of the original sales price.

After the 5th year in your new home and with a loan amount under 78 % of the original sales price, you would have to refinance your loan to drop the MI, but likely to a higher interest rate as rates will likely not be as low as they are today.

You mention 78 % Loan to Value; is the LTV calculated from the original sales price or from some new appraised value?

Equity in the property (original sales price minus the amount owed) may be used for the borrower's entire cash investment.

«Some lenders will consider a new appraisal instead of the original sales price or appraised value when deciding whether you meet the 20 percent equity threshold.»

Just be sure to compare the promotional offer, which is sometimes up to 50 percent, against the original sales price to ensure that you are actually getting a hefty enough discount — one that will outweigh the cost of standing in a long line in the wee hours in the morning waiting for the doors to open.

Some mortgage lenders will consider a new appraisal rather than your original sales price or old appraised value to determine if you meet the necessary 20 % equity point to get rid of PMI.

Alternative property or change of dates rates need to be equal to the original Accommodation Voucher and not less than the original sale price.

A well - intended move, but as a result it is [most likely] paying a much bigger commission off the original sale price to the gallery vs. the auction.

The original sale price of the Dover edition: $ 2.

Collectibles» value can vary dramatically from the original sale price, making some insurance companies reluctant to cover them.

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.

As payments are made the gap between the original sales price and current loan balance increases, and once they reach 22 % ownership PMI is removed.

The developer has decided to cut 15 % off the original sales price and to give $ 50,000 cash back after closing for a 3 bedroom unit and $ 55,000 cash back after closing for a 4 bedroom unit.

Also, what is a good strategy to lock on your assignment fee whether its the difference of end buyer sales price and original sales price or assignment fee, without disclosing the actual contract?

So when I buy a new investment property must i spend the original sales price of the sold property, or the collected amount from closing?

For example, the original sale price was $ 300,000, with a $ 5,000 deposit.

If you have an FHA loan, you will need to pay down your mortgage to 78 percent of your original sales price.

So basically, to wholesale a Fannie Mae home, it would have to be for a cash price no more than 20 % of the original sale price, excluding hard money rehab loans.