Sentences with phrase «significant amount of equity»

«But you can downsize and streamline, for example, if you have a significant amount of equity in a large house.»

If you stay in your home for 10 or 20 years and accrue a significant amount of equity, you may realize a nice profit when you sell the house.

As such, any spike in equity market realized volatility, even to historical average levels, has the potential to drive a significant amount of equity selling (much of it automated).

If you've got a significant amount of equity in your home, you might consider freeing up some of it for spendable cash by downsizing to less - expensive digs.

When a homeowner holds a significant amount of equity in their house, they are often described as someone who is «equity - rich,» and you should be proud to be among them.

I have a significant amount of equity invested in the asset, and the rest is borrowed on fixed terms.

If you are a homeowner 62 years or older and have a significant amount of equity, a reverse mortgage can provide the means to access a portion of your home's equity to help cover medical costs.

Now, this is where you have a low or maybe no loan balance, and you have a significant amount of equity in your home.

Use the currently very high interest rates to your advantage and utilize the significant amounts of equity you have built up on your home to help pay off high interest debts like credit cards and auto loans.

So, make sure that you have compared and negotiated a significant amount of equity loan costs and fees before you actually accept an offer from your lender.

If you have a significant amount of equity and a low mortgage balance, then you may qualify for a good amount of cash from a reverse mortgage.

Many seniors find themselves with a limited income, but a significant amount of equity in their homes.

You must own your home free and clear or have a significant amount of equity in your house.

The amount that can be borrowed under a HECM Saver is less than under a standard HECM, but it can be a good cost - saving option for those who are not looking to take out a significant amount of equity.

Unless you have a significant amount of equity, it is not always wise to borrow money against your home's value.

Unless you have a significant amount of equity, there is not likely to be much equity there to cash out so soon after your initial purchase.

«The borrower had a significant amount of equity in the property and preferred to use some of it to purchase additional real estate.»

This loan product may be a good fit for you if you have no plans to live elsewhere and you have a significant amount of equity that is able to be pulled from your home to be converted into cash.

Rising home values also opened up a significant amount of equity for homeowners in 2015, around $ 600 billion to be exact.

If you have a significant amount of equity and a low mortgage balance, then you may qualify for a good amount of cash from a reverse mortgage.

When a homeowner holds a significant amount of equity in their house, they are often described as someone who is «equity - rich,» and you should be proud to be among them.

A premium will be placed on deals with experienced partners who maintain a significant amount of equity in the transaction.