Sentences with phrase «rather than homeowners»

A substantial portion of the ongoing falloff in homeownership reflects fewer renter households transitioning to homeownership, rather than homeowners being forced out of the market through foreclosure or other financial difficulty.

It is designed for renters in Southeast Memphis rather than homeowners and involves three different levels of coverage - contents insurance; loss of use coverage; and liability coverage.

Known as the H06 plan, what this coverage does is offer protection for renters in Milwaukee's South Side, rather than homeowners in Milwaukee's South Side.

South Central Accord renters insurance offers protection for renters rather than homeowners across South Central Accord.

Kent renters insurance is a form of homeowners insurance designed for renters rather than homeowners living in any type of dwelling across Kent.

Short North Columbus renters insurance focuses on protecting renters rather than homeowners living in this part of Columbus.

Easton Area renters insurance is a special form of house coverage for renters, rather than homeowners, living in the Easton Area of Columbus.

The need for a rental car is also something that might be covered by your car insurance rather than your homeowners» insurance plan.

Fifth By Northwest renters insurance is a specific form of house coverage but for renters rather than homeowners or landlords in Fifth By Northwest.

Mount Vernon renters insurance is designed for renters rather than homeowners that reside in Mount Vernon.

Far North Columbus renters insurance is designed for renters rather than homeowners.

Murray Hill renters insurance focuses on protecting renters, rather than homeowners living in Murray Hill.

The study results suggest that between $ 55 billion and $ 104 billion of this cost through 2016, or between $ 466 and $ 881 per household, will go to lenders rather than homeowners.

Based on his findings, Mr. Hanson estimates that between 9 % and 17 % of the value of the mortgage interest deduction is captured by lenders in the form of higher interest rates rather than homeowners in the form of savings.

Many HOAs give the ability to recover for structural damage to the association rather than the homeowner and that would be set forth in the «Declarations» recorded in public property records when it was formed.

McKinley Avenue Corridor renters insurance pays for losses to the renter rather than the homeowner.

It's normal for the servicer to pay the tax and insurance to the appropriate parties through the escrow account rather than the homeowner when you have a mortgage on the property.

Update 10-20-08: Thanks to a tip from a blog reader, it seems this house was part of an artist's project in the Detroit area, rather than a homeowner's house.

Not exact matches

On average, renters earn about half as much as homeowners, and the percentage of families with children that rent rather than buy has increased sharply in the past decade, the study said.

So homeowners who are in the market for a refinance loan might want to move forward sooner rather than later.

Dealing with a lender, rather than a usual homeowner, may mean slower response times and a more difficult negotiation, but it can lead to a potentially lower price from a motivated seller that has already handled outstanding taxes.

Wages have not grown as fast as prices, and the majority of UK homeowners have variable rate mortgages, rather than fixed - rate.

Several studies show using natural experiments that the willingness of homeowners to take on debt is sensitive to the tax benefits they receive, so the mortgage interest deduction causes homeowners to overleverage rather than using their funds for more economically productive purposes.

On Wednesday, the bank launched a program to rent out 500 homes to homeowners who are having trouble paying their mortgage, rather than put the loans in foreclosure and kick the owners out.

Rather than change his design, the homeowner just puts the septic tank on his neighbor's property.

However, rather than carry expensive homeowner's liability coverage, you can usually save and obtain better coverage by slashing your homeowner's policy liability limit and buying an additional umbrella liability policy.

In an important development for recently widowed spouses, a new law extends the period of time during which a surviving spouse may take up to $ 500,000 of home - sale profit tax - free, rather than being restricted to the $ 250,000 amount allowed for single homeowners.

PMI allows prospective homeowners the ability to purchase homes sooner rather than waiting years to build up a «traditional» 20 % down payment.

Nearly three quarters (73 %) of those who are 65 years or older plan to rent rather than own their homes, yet only 6 % of retired homeowners plan to sell their home to rent.

-RRB-, Genworth and CMHC are often quite proactive in trying to find solutions to help homeowners keep their homes, rather than defaulting.

While mortgage loan insurance doesn't protect you (it protects the banks, read more here), Genworth and CMHC are often quite proactive in trying to find solutions to help homeowners keep their homes, rather than defaulting.

The Chief Economist of the Canadian Real Estate Association, Gregory Klump, believes that the combination of limited housing supply and strong buyer demand will prompt more homeowners to stay put and renovate, rather than sell and relocate.

Consequently, Lenders Homefirst and Home Equity partners were then able to devise the first «lifetime» reverse mortgage program, allowing monthly disbursements to span the life of the homeowner rather than only a set amount of time.

Alternatively, with the recent implementation of the new $ 6,500 «move up» homebuyer tax credit to complement the existing $ 8,000 first - time homebuyer tax credit, some homeowners now have additional incentive to purchase a larger home rather than simply add on, at least for the time being.

As for why they'd consider a HELOC, it seems most homeowners like the ability to borrow as needed — rather than a set, large amount.

With a reverse mortgage loan, monthly mortgage payments do not need to be made, so adult children of senior homeowners can use that money to pay for required care, rather than using their own, sometimes limited, resources.

While the new loan limits apply to homebuyers who want to use an FHA 203b loan to purchase a home, they also apply to refinancing homeowners who currently have a conventional loan rather than an FHA loan.

Banks and lenders would rather take less money and keep homeowners in their home making a payment that they can afford, rather than go through the expense of foreclosing on the home, hiring a listing agent, rehabilitating the home, and letting it sit empty on the market for months, only to lose thousands in the process.

A Home Equity Conversion Mortgage (HECM) for Purchase is a reverse mortgage loan that allows homeowners age 62 and older to buy a home using a larger down payment to build the necessary equity in the home rather than using all their available assets.

But that might no longer be the case: Choosing a type of mortgage and term today may come down to what makes sense for the individual homeowner rather than what saves cents.

Already a successful general contractor and TV personality — with hit shows Disaster DIY and The House of Bryan airing on HGTV and across the globe — Bauemler's new show is an attempt to help homeowners learn the importance of behind the scene maintenance and upgrades, rather than focusing on the finishes.

It therefore is better to direct the homeowner to a person who has the time and the skillset to fully assess what might be going on, rather than speculate.

Donovan suggests that the average homeowner a 1st mortgage fixed in the mid 5's is much more inclined to take out a second mortgage for $ 30,000 - $ 50,000 cash rather than refinance the $ 500,000 dream loan.

Some homeowners mistakenly believe that rather than foreclose and damage their credit rating, they can simply offer their property back to the bank and walk away.

Rather than lose a sale, homeowners may agree to provide allowances, make changes or otherwise drop the price in order to unload the property.

With the industry unable to develop strategies for heading off bad loans as fast as they wrote them, some loan servicers have apparently focused on coping with the aftermath of bad loans rather than negotiating new terms to keep the homeowner current.

Homeowners rather than renters, and those who are employed, rather than self - employed, tend to be more readily accepted for credit.

Reverse mortgages got their name because the cash flow is reversed; the lender makes payments to the homeowner / borrower, rather than the other way around.

Rather than obtaining a traditional mortgage to buy a home and seeking a reverse mortgage later, the HECM for Purchase allows the homeowner to finance the home with the reverse mortgage.

Because of how popular 5/1 ARM mortgages are among homeowners who plan on selling rather than paying off their full mortgage, we set five years as a useful benchmark to gauge the value of refinancing.