During the boom years of the early and mid-2000s, Roger and Lynda Cruz appear to have used the house as an ATM, taking advantage of
its rapidly increasing property value to refinance often and take cash out, real estate records suggest.
Not exact matches
When home
values over many years of ownership
rapidly increase, but their rents don't
increase at that same pace, your return, not on your initial investment, but on the money tied up in the
property drops.
Actual cash
value coverage is largely a thing of the past, as retail prices for replacement
property increase and the savings of American families decrease
rapidly.
In areas where
property values are
rapidly increasing, this is important to remember.
Actual cash
value coverage is largely a thing of the past, as retail prices for replacement
property increase and the savings of American families decrease
rapidly.
In areas where
property values are
rapidly increasing, this is important to remember.
The market has escalated
rapidly in the last few years, with a 20 percent to 40 percent
increase in
value, depending upon the condition of the
property when it was purchased and its condition after renovation.