Sentences with phrase «property is worth less»

If you do not intend to keep the property and your title is clear of other liens, we may (based on requirements set by the owner of your loan) be able to accept the deed to the property and forgive your debt, even if the property is worth less than the balance that you owe.

They believe their property is worth less than it is actually worth.

If the lender's appraiser decides that the property is worth less than what you've agreed to pay for it, you have hit a snag.

If you already own the property on which you want to build your house that counts as equity as far as the bank is concerned (although in most areas property is worth less than owners like to think).

School districts serving communities where property is worth less simply can not generate the same level of revenue at the same tax rate as wealthier communities.

But with each change to the algorithm, though, our online properties are worth less and less, unless you're willing to pay just to MAINTAIN the value.

After examining the personal property found on the property, the representative concluded that that the personal property found on the property was worth less than $ 500 and so no legal eviction process was required.

Not exact matches

MH: It's hard to get a loan for property that's worth less than the mortgage that already is on it.

But a quarter of U.S. real estate already is in negative equity — worth less than the mortgages attached to it — and the property market is still shrinking, so banks are not lending except with public Federal Housing Administration guarantees to cover whatever losses they may suffer.

Stamp duty should therefore be radically reformed, the Lib Dems said, in order to cut the costs for anyone buying a property worth less than # 500,000 people.

She said most of those properties are owner - occupied and owe less than what the property is worth.

In effect, we're paying almost the same taxes on property worth a good deal less in today's markets.

And it's worth noting that that formula, which is underfunded, would still disadvantage Hartford because it treats state properties less favorably than it treats colleges.

Katwala, who has been critical of Brown in recent months, believes that Labour should learn from the Tories, who regained the initiative last autumn by pledging to abolish inheritance tax for all properties worth less than # 1m.

The final tab hasn't been tallied, but it could run as high as $ 27 million, for a property appraisers hired by government said was worth less than $ 2 million.

Of those properties, more than 75 percent are worth less than $ 250,000, with the average price being $ 110,000.

Before today, the stock was 11 percent below its book value of $ 18.92, implying investors view RIM as worth less than the net value of its cash, inventories, real estate and intellectual property.

That means instead of having to have equity in the property you can have a property that is worth less than what you owe and still refinance.

I'm then left with a property that I have to dump money into every month and may be worth less than the mortgage I have on it.

If the property value in your neighborhood declines, you can also lose your equity value as the home is now worth less than your original purchase price.

When fighting your tax assessment, your main goal is to show that your property was worth significantly less than the assessed value (on the date it was assessed).

DO N'T attempt to sell your property for less than what it's worth.

The fall in home prices during the housing crisis left many homeowners in a negative equity situation (where their home was worth less than the mortgage on the property).

If the property is now worth $ 250,000 the loan amount is less than the value of the property.

The moment you take a piece of personal property out of the store, it's worth less than what you paid for it because it's used.

Short sale involves a homeowner in default to sell the property for less than it is worth to avoid foreclosure fees.

Not such a good deal, even if it is an easy way to get rid of a California real estate property that is worth less than you owe on it.

This can allow you to buy the property for less than it's currently worth.

For me, this is generally worth it since I know they will take care of the property, there will be less periods of vacancy (which can be very costly!)

But here's the thing: Most first - time homebuyers are exempt, at least for those buyers who purchase a property worth less than $ 475,000, as of Feb. 19, 2014.

Most charge less than 10 % and will handle all of the tough stuff for you, like: fielding sob stories from tenants, evicting tenants, finding new tenants, checking to make sure the property is maintained... It's worth it.

A short sale is essentially what happens when a home is sold for less than the amount of money that remains on the mortgage because the owner owes more on the mortgage then what the property is worth.

The developer must complete the project, or the property will be worth less than when it started.

The simple statement is that any Canadian who's entire estate is worth less than the threshold is exempt from having to pay U.S. taxes on their entire estate (although you'd still have to pay capital gains tax if you sold your U.S. property).

If the duration is low the property could be worth much less... the point I am trying to make is that a portfolio needs to be scrutinized, even though the figures look good at the moment.

The business, as it stands, appears to be worth far less than the properties themselves — far better to just sell the assets & pay - down debt.

The purpose of a short sale is to relieve the borrower's obligation to pay the difference between the sale price of the home and the mortgage amount when the property is «underwater» or worth less than what is owed.

This is a terrible situation for a lender to be in since the lender is no longer receiving loan payments and they are taking back a property worth less than the amount they initially loaned out.

A Short sale is a pre-foreclosure arrangement between a homeowner and their lender, where the lender will allow the owner to sell a property for less than the amount of the current mortgage balance because the property is no longer worth what it once was.

Since the housing collapse of 2008, federal and state laws have been greatly enhanced to ensure lenders are only lending amounts of money that is equal to or less than a property's appraised worth.

That means this sign - up bonus is worth anywhere from less than one free night to 10 free nights at Hilton properties.

But it's also worth up to 30,000 points less, if you tend to redeem your Hyatt points at category 1 properties that cost just 5,000 points per night.

This is being treated in most corners of the blogosphere as a simple question of whether 40,000 World of Hyatt points are worth «more» or «less» than 2 free nights, which leads to the simple answer that the new signup bonus is worth «less» if you were planning to redeem your 2 free nights at properties that cost more than 20,000 points per nights (category 6 and 7 World of Hyatt properties), and they're worth «more» if you were planning to redeem your 2 free nights at properties that cost 20,000 or fewer points per night (since you would have points left over).

Since most Ritz - Carlton properties cost over $ 400 a night, it's worth mentioning that this promotion could provide a less expensive path to elite status than the Chase co-branded Ritz - Carlton Rewards Credit Card.

According to research by Ben Strauss, a climate change and sea level rise expert at Climate Central, an independent research and news organization, there are approximately $ 156 billion worth of property and 300,000 homes less than three feet above the high tide line in Florida.

90 % of the fees I collect in a year per file are for less than $ 990, and many much less than that, all to ferry properties worth hundreds of thousands and over a million dollars through the title and loan security system, or to render estates, through well - drafted wills, easy to administer, or to incorporate or otherwise set up businesses, etc., etc..

A guide to bringing claims worth less than # 10,000 in the Intellectual Property Enterprise Court (IPEC) has been published.

If the property or service involved is worth less than $ 200, then the theft is considered a disorderly persons offense that carries a jail term of not more than six months and a fine not exceeding $ 1,000.

Applications for the division of property after divorce can be made to the Family Court or to the Federal Magistrates Court where a property dispute is worth less than $ 700,000.

Obviously it is worth less than the vacant possession value of the property.