Sentences with phrase «scenario of buying a house»

Not exact matches

Take, for instance the scenario of someone buying a house in 1986; the mortgage rate in 1986 obviously has an enormous impact on this ratio, but since the mortgage, under the assumptions outlined earlier, need to be renewed in 1991 and 1996, the mortgage rates in these two years of renewal will also play a role.

Of course, there are times when people selling their homes to downsize are fortunate enough that the house that they are selling has more equity than what they are buying, but unless you're in a market bubble, that scenario is the best we can hope for.

It is same as a scenario when you want to buy a house and you go out to find the one that fits your satisfaction and desire instead of waiting for the house to appear in front of you.

For instance, in the above scenario, someone making $ 6,000 a month and paying $ 500 a month in debt would be able to afford a maximum monthly mortgage payment of $ 1,680 — which, in many markets, is plenty to buy a house.

Or try this scenario: After months of open house appearances and weekend dates with your Realtor, you've finally found a place you'd be proud to call home and signed a contract to buy.

My boyfriend and I are buying a fixer - upper in a few months and I can not wait to try out some of your ideas... I am already planning... with an imaginary house with imaginary scenarios for now