Sentences with phrase «second home buyers who»

«The buyers we see in the area around Rio Grande are second home buyers who live outside Puerto Rico,» says Ramos.

Of the second home buyers who financed their purchase with a mortgage, nearly half made a 30 percent or more downpayment.

Not exact matches

Currently at record high levels, BCHP funding will increase debt for many home buyers who take advantage of this program, as it will serve as a second mortgage owed to the British Columbia Housing Management Corporation.

If you've grown weary of spending your summer in hotels and vacation rentals, consider joining the nearly one million buyers who purchased second homes last year.

They encompass the curious (a surge in the number of 20 - year - olds who knit; the increased popularity of archery) and the intriguing (growing numbers of Latino Protestants; second - home buyers).

Most home buyers who buy a vacation home will have to pay a second mortgage and meet higher credit standards since they are more likely to take on larger amounts of debt.

Sixty - four percent of home buyers think that homes are overpriced, unchanged from the second quarter and up from 59 percent of home buyers who thought homes were overpriced in the first quarter.

Mr. Fleming explains that a 15 - year fixed loan is good for a second - or third - time home - buyer, or a first - time home - buyer who has a more significant down payment.

If you've grown weary of spending your summer in hotels and vacation rentals, consider joining the nearly one million buyers who purchased second homes last year.

As an illustration, a buyer in Miami who plans to make a 20 % downpayment on a $ 600,000 home may opt for a first mortgage of $ 453,100 and a second, piggybacked mortgage of $ 55,900 for a total of $ 480,000 — or, 80 % of the purchase price.

The Caravan's unique Stow «n Go seating, available in both the second and third rows, is also a huge plus for buyers who don't want to wrestle heavy seats out of the way whenever they need to go on a Home Depot run or help a single friend move.

Buyers who do own more than one second home in an area will have to consider the second of their properties as an investment home.

They may come back and say the home is only worth 900k which means buyers won't pay more than that or risk having to go to an alternative lender who charges rates at 9 % — 12 % for second mortgages.

Painter pointed out that areas with declining home values could see prices stabilize thanks to a wave of first - time home buyers who speak English as a second language.

Practitioners who specialize in second homes, resort, and vacation properties are now faced with a more savvy buyer because of Airbnb, says Holly Mabery, RSPS, SRS, an agent with Realty One Group Mountain Desert in Sedona, Ariz. «Traditionally, short - term rentals were held behind the magic curtain, and you had to work with an agent who specialized in them to get a feel for values and return on investment,» she says.

Naturally, Quintin says, about 90 percent of the buyers who come here are looking for a second home.

This annual survey offers a wealth of information for those who serve the second - home market, including information about purchase prices, property and financing characteristics, buyer motivations and expectations, and short - term rentals.

Gunn says many of her clients are second - home buyers who want to vacation in San Francisco.

Home buyers who plan to search for a house during the second half of 2017, or early 2018, should be prepared for stiff competition.

Forty - six percent of home buyers in Texas now believe that home prices are over valued by less than ten percent vs. 27 % who so believed in the second quarter Texas home prices survey.

In the current survey 22 % of home buyers thought home prices were fairly valued vs 22 % in the first quarter of 2010, vs. 23 % in the fourth quarter of 2009, vs. 24 % who so believed in the third quarter, vs. 18 % who so believed in the second quarter Florida home prices survey and vs. 15 % who so believed in the first quarter 2009 Florida home prices survey.

Second, our research can help agents assist home buyers who are competing with higher offers to negotiate with a non-financial bargaining chip.

In the current survey 22 % of home buyers thought home prices were fairly valued vs 23 % in the fourth quarter of 2009, vs. 24 % who so believed in the third quarter, vs. 18 % who so believed in the second quarter Florida home prices survey and vs. 15 % who so believed in the first quarter Florida home prices survey.

Thirty - two percent of New York home buyers thought homes were overpriced in their state by 10 - 20 % vs. 31 % in the fourth quarter of 2009, vs. 47 % in the third quarter, 24 % in the second quarter and 33 % who thought so in the first quarter New York home prices survey.

In the second quarter, thirty - two percent of Texas home buyers believed that home prices were over valued by 10 - 20 % vs. 12 % who now believe the same.

New York home buyers saw homes as less fairly valued in the first quarter of 2010 than they did in the fourth quarter of 2009 with 18 % of home buyers in the Empire State believing homes were fairly valued vs. 19 % who believed so in the fourth quarter, vs. 14 % who believed so in the third quarter and 21 % who so believed in the second quarter.

Fifty - four percent of New Jersey home buyers saw homes as overpriced by 10 - 20 % vs. 59 % of home buyers who thought so in the third quarter vs 34 % of home buyers who thought so in the second quarter survey.

Forty - four percent of New Jersey home buyers saw homes as overpriced by 10 - 20 % vs. 54 % of home buyers who thought so in the fourth quarter vs. 59 % of home buyers who thought so in the third quarter and vs. 34 % of home buyers who thought so in the second quarter survey.

Twelve percent of New Jersey home buyers think homes are fairly priced vs. 9 % who thought so in the fourth quarter vs. 8 % in the third quarter and 23 % who thought so in the second quarter (see question 3).

With low prices and mortgage rates still available in most parts of the country, affluent buyers — or those who have always dreamed of a cabin on a lake — are making their move and purchasing second homes in exotic locations to be used as vacation getaways.

(see question 3) Forty - eight percent of California home buyers still believe that homes are over priced as they did in the fourth quarter vs. 65 % who so believed in the second quarter.

In the second quarter only 18 % of home buyers thought that homes in the Golden State were fairly valued vs. 34 % who think so in the current survey.