Sentences with phrase «sale of the second property»

The negotiations proceed, ultimately resulting in a sale of the second property.

Not exact matches

The second part of a cash flow statement shows the cash flow from all investing activities, which generally include purchases or sales of long - term assets, such as property, plant and equipment, as well as investment securities.

Sales of bank - owned homes and those on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of troubled properties for sale in many cities as banks take a measured approach to placing homes on the market.

For the purpose of evaluating Medicare tax exposure, it's important to know that «unearned» net investment income includes net rental income, dividends, taxable interest, net capital gains from the sale of investments (including second homes and rental properties), royalties, passive income from investments in which you do not actively participate (such as a partnership), and the taxable portion of nonqualified annuity payments.

(WHITE PLAINS, NY) Newly Elected Westchester County Executive, George Latimer delivered on a promise from in his campaign, and signed an Executive Order prohibiting the sale of guns on Westchester County property, on his second day on the job, Tuesday.

WHITE PLAINS, NY — On his second day as Westchester County Executive, George Latimer delivered on a promise from in his campaign, and signed an Executive Order prohibiting the sale of guns on Westchester County property.

Mr. Bernardo in his UCIDA (Ulster County Industrial Development Agency) application promised 51 full time jobs (26 the first year and 25 the second year) to be maintained over ten years in return for a PILOT program (Payment In Lieu Of Taxes) which meant he avoided paying sales tax and a good amount of property and school taxes for ten years while we taxpayers picked up his taOf Taxes) which meant he avoided paying sales tax and a good amount of property and school taxes for ten years while we taxpayers picked up his taof property and school taxes for ten years while we taxpayers picked up his tab.

Republicans blending the House and Senate bills together for a second vote widened the SALT deduction to allow a mix and match of property, state income and sales taxes.

The appropriation for the Standards of Quality for Public Education (SOQ) includes amounts estimated at $ 348,900,000 the first year and $ 361,100,000 the second year from the amounts transferred to the general fund from the Public Education Standards of Quality / Local Real Estate Property Tax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375 cent increase in the state sales and use tax levied pursuant to § 58.1 - 638, Code of Virginia.

The most straightforward way to get money to stop the power of sale is to place a second mortgage on the property.

If the proceeds from the sale of the property is not enough to cover the second mortgage the lender may lose some or all of their investment.

The second hurdle in buying a home after a short sale is dealing with the FHA condition that stipulates that the buyer can not, «take advantage of declining market conditions, and purchase, at a reduced price, a similar or superior property within a reasonable commuting distance.»

Have received from sale of ancestral in May 2015 and want to buy a second property before March 2017 can I open capital gains account in a bank and use the money received to buy a property till then (March 2017), since I have not been able to identify a suitable property and am looking out for the same.

A house or a piece of property can have a number of mortgages placed on it by lenders, the first mortgage holder has first claim to any proceeds on the sale of the property, the second mortgage holder then can be paid off once the first mortgage holder is paid off, if there is a third mortgage then that lender must wait until the first and second mortgages are paid off before they can get paid.

Distressed property sales rose to the second highest level in a year in March, according to a new Campbell / Inside Mortgage Finance report (which I learned of via a Calculated Risk blog post this morning).

The seller then will collect payments from the buyer on that second mortgage and the mortgage is fully repaid by the buyer upon refinance of the property or sale of the property at a future date.

For sellers of investment properties they may be able to defer capital gains on the sale if a portion of the proceeds is provided back to the buyer as a second mortgage.

For all mortgages, a property may be sold if the fees are left unpaid and the first mortgage must be paid from the sale of the property before the second mortgage.

In these favorable states, your primary home (NOT a second home or investment property) is protection from creditor liens and a forced sale in a certain amount ranging up to 100 % of its equity from all creditors except for, of course, your home mortgage provider.

Here is what should be accomplished in a short sale: Borrower is released from all liens on property in the sale, some payoff may have to be made to first of second lien holder.

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Proceeds from Christie's sale of Ms. Sherman's «Film Stills» are going toward future acquisitions at Glenstone, which is undergoing a major expansion, adding a second museum building on the property.

Such expenditure would enhance the value of a second home, the benefits of such enhancement being available upon sale of the property by the MP concerned.

The sale proceeds were insufficient to satisfy either the debt owing on a first mortgage on the property or any of the monies owing under the second mortgage held by the respondents.

This broader range of properties helped her team increase sales and led to Harney's decision to open a second office in 1999 in Norfolk, Conn., and a third office in 2000 in Litchfield, Conn..

Sunlin says the bank's program gives troubled owners «a preapproved solicitation for a short sale» along with proactive processing of all the required steps: «appraisals, review of financials, investor approvals, mortgage insurer approvals, second - lien approvals — all of these can be done while the property is being marketed,» he says, «so when an offer is brought to the table we can do a much quicker turnaround.»

If, however, there is no buyer for the property you have up for sale, most lenders will place a lien on the property, thereby making that bridge loan a kind of second mortgage.

«Approximately 90 percent of my sales involve second - homeowners, whether they're purchasing a home to use as a rental property or buying to escape city life,» says Servatius, who goes on to explain that the RSPS certification helps him stand out.

The app, still in beta testing, allows users to take an image of a property with their smart phone, and get information on previous sales, tax rolls, foreclosure status, nearby schools and other details, all in a matter of seconds.

Purchases rose in two of four U.S. regions, including a 9 percent gain in the biggest region, the South; sales fell 17.6 percent in second - largest region, the West The number of properties sold in which construction hadn't yet started rose to an annual pace of 188,000 last month from 152,000, a sign that developers will stay busy in the coming months Report released jointly by the Census Bureau and Department of Housing and Urban Development in Washington

Despite the sales drop - off, Yun says fundamental demand for second homes remains favorable because a large segment of the population is in the prime age group for buying a vacation or investment property.

number of days of signing said listing... period... with a «contractual addendum» to the effect that if the property does not «sell» under the initially contracted - for, agreed - upon terms, within said time frame, that said contract will become null and void to allow for a second contract at X % (a lesser) commision payable upon completion of a sale... under the exact same conditions as the preceding contract stipulated for another stipulated time frame (30 days?)

The MIT / CRE Transaction - based Index, which tracks sales of institutional - grade properties, showed sale prices declined 18.1 percent in the second quarter, for a total drop of 39 percent since mid-2007 highs.

Provisions in the bill that limit the deductibility of interest on new mortgage loans to $ 500,000, cap property tax deductibility at $ 10,000 for those who can still itemize, eliminate the deduction altogether for second homes, and restrict the utility of the exclusion of gain on the sale of a home would exacerbate the effect.

The sale of a vacation property or a second home will qualify for tax - deferred exchange treatment if the following safe harbor requirements have been met:

The second limit is that the replacement property must be received and the exchange completed no later than 180 days after the sale of the exchanged property or the due date (with extensions) of the income tax return for the tax year in which the relinquished property was sold, whichever is earlier.

This second to none real estate database is constantly maintained by an extensive network of over 150 Boston real estate sales, apartments leasing, and property management specialists, providing accurate and in - depth listings for properties throughout the entire area.

Boyer v. Werner (238 A.D. 2d 853)- plaintiff broker seeks commission due from defendant broker for referral of purchaser for golf course property; purchaser ultimately purchases golf course property plus second golf course; plaintiff broker seeks commission for referral fee for purchase of both golf courses; summary judgment granted as to the issue of defendant broker's liability in relation to the sale of the first golf course only; issue of fact exists as to referral of purchaser for second golf course and as to the amount of the commission split due (see also, Werner v. Katal Country Club [234 A.D. 2d 659]-RRB-.

Commercial property sales declined for the second straight year in 2017 across asset classes, with only the sales dollar volume of industrial properties increasing over the 2016 level, according to Real Capital Analytics (RCA).

For our clients selling land, waterfront, second homes and all other recreational properties, our exclusive affiliation with the national recreational property sales powerhouse of LandLeader offers the broadest marketing solution in this arena.

Your second time restriction also starts ticking as soon as you close on the sale of your currently held property.

Designation Select Seller Representative Specialist (SRS) Pricing Strategy Advisor (PSA) Certified Home Marketing Specialist (CHMS) Certified Military Residential Specialists Accredited Buyer's Representative Accredited Land Consultants Certified Commercial Investment Member Certified International Property Specialist Certified Property Manager Certified Residential Specialist Counselor of Real Estate General Accredited Appraiser Green Designation Graduate, REALTOR Institute Residential Accredited Appraiser Society of Industrial and Office REALTORS Seniors Real Estate Specialist At Home With Diversity Certification Broker Price Opinion Resource e-PRO Military Relocation Professional Resort & Second - Home Property Specialist Short Sales & Foreclosure Resource Quality Service Certified Certified Distressed Property Expert Certified Luxury Home Marketing Specialist Keller Williams Realty Luxury International Keller Williams Realty Commercial Accredited Luxury Home Specialist Certified Buyers Agent Council of Real Estate Brokerage Managers Certified New Home Sales Professional Accredited Staging Professional Real Property Administrator Residential Management Professional Master Property Manager

And second, they allow the investor to defer capital gains taxes on the sale of an investment property by rolling the proceeds into the purchase of another investment property.

When you lost your home two years ago, your line of credit, which is really a second mortgage, was not paid off because there was not enough value in your property to cover it in the foreclosure sale.

Roll out a powerful, new tool in the second quarter of this year that will give you in - depth data on residential and commercial properties throughout the United States — not just properties for sale.

Second, mail or other forms of written solicitations of prospects whose properties are exclusively listed with another REALTOR ® when such solicitations are not part of a general mailing but are directed specifically to property owners identified through compilations of current listings, «for sale» or «for rent» signs, or other sources of information required by Article 3 and Multiple Listing Service rules to be made available to other REALTORS ® under offers of subagency or cooperation.

NAR President William E. Brown, a second - generation Realtor ® from Alamo, California and founder of Investment Properties, believes that expiration would deal significant damage to current policy - holding property owners, as well as threaten property sales and the broader housing market.

According to General Growth, the Canal Shoppes — whose tenants include Burberry, Kenneth Cole, Movado and Banana Republic — currently generates sales of roughly $ 900 per square foot, making it the second most productive retail asset in the United States after Simon Property Group's Forum Shoppes at Caesar's Palace, right across the Strip from the Venetian.

On Oct. 14, one day before the expiration of the sales contract, the brokers told the buyers about another property and prepared a contract for the buyers, who ultimately purchased the second property.

According to a recent survey by the National Association of Realtors ®, international home sales in the U.S. are at their second highest level in recent years, signaling that owning property in America continues to be a great investment.»