Sentences with phrase «standard than homeowners»

In general, real estate agents are held to a much higher standard than homeowners are in many areas of the country.

Not exact matches

Build Affordable Housing: 51 percent of renters and 34 percent of homeowners in New York pay more than the federal affordability standard of 30 percent of income for housing.

Tim Woodcock The co-founder of HomeEdison noted the Renewable Energy (RE) sector's ability to deliver alternative energy at substantially lower costs than standard utility rates; the importance of building a two - way energy supply infrastructure in order to allow homeowners and business to sell the excess energy their alternative installations generate back to the utility company; and the applicability of geothermal systems in much of our region.

A 2014 State Comptroller's study found that over one - half of renters and over one - third of homeowners in New York State pay more than 30 percent of their income for housing, which is the federal standard for affordable housing.

Characterized by lower upfront Mortgage Insurance Premiums and closing costs, the HECM Saver makes the reverse mortgage more affordable by allowing homeowners to borrow a smaller amount than the standard reverse mortgage.

We recognize that renters have very different insurance needs across the board than homeowners do, and that those needs are rarely met by the standard business model of insurance agencies in Carbondale.

In terms of pricing, expect to pay more for mobile home insurance than you would for a standard homeowners insurance policy in Texas.

Many people find that becoming a homeowner actually encourages itemizing your taxes which is more beneficial than accepting the standard deduction.

In other words, if a homeowner has a standard deduction of $ 9,700 and his or her itemized deductions total $ 8,000, he or she is better choosing the standard deduction because it is higher than the itemized amount.

Even when itemization indicates a greater tax break than the standard deduction, a homeowner is only allowed to deduct a portion of the interest payments.

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

In 2017, itemizing mortgage interest on that amount allowed homeowners to deduct $ 19,000 more than the old standard deduction of $ 12,700.

Landlord policies generally cost about 25 percent more than a standard homeowners policy, according to the III, but you'll get more protections in exchange for the increase.

Deductibles for earthquake insurance plans are higher than those in standard homeowners or renters insurance, usually from 5 to 15 percent of the policy limit.

The end result is a filtration system hundreds of times more efficient than standard ventilation systems, capable of providing the homeowner and occupants with the best possible indoor air quality no matter what is happening in the environment around them.

A standard Energy Star fridge uses about «380 - kilowatts a year - less than a standard clothes dryer - and costs a homeowner $ 40 a year, or about 11 cents a day.»

Because certain risks increase with an unoccupied property, vacant house insurance is typically more expensive than a standard homeowner policy.

While they are treated differently than traditional homes, mobile home insurance policies are fairly similar to a standard homeowners insurance policy.

We recognize that renters have very different insurance needs across the board than homeowners do, and that those needs are rarely met by the standard business model of insurance agencies in Carbondale.

Deductibles for earthquake insurance plans are higher than those in standard homeowners or renters insurance, usually from 5 to 15 percent of the policy limit.

Landlord policies generally cost about 25 percent more than a standard homeowners policy to pay for increased protections.

Jewelry and Valuable Items: Valuable items, such as jewelry and fine art, are covered by a standard homeowners policy, but these items tend to cost more than the typical coverage limit.

To keep coverage affordable, standard homeowners policies generally only provide about $ 1,500 in coverage for such items, which means that the insurer won't pay more than that amount for any given piece of jewelry or other valuable item.

The companies offer deductibles of as low as $ 25, generally less than you'd get on a standard homeowners policy, and limits of more than $ 25,000.

Case in point: More than 30 percent of U.S. heads of household who have homeowners insurance mistakenly believe flood damage is covered by a standard homeowners policy, according to a 2007 survey from the National Association of Insurance Commissioners.

As a landlord, you'll need a different type of policy than a standard homeowners insurance policy.

If you are looking for other types of insurance rather than just the standard collector vehicle insurance policy, Grundy also offers insurance for yachts, homeowners insurance and personal excess liability insurance.

Arizona homeowners on average have it pretty good — they paid just $ 634 for the standard HO - 3 policy in 2007 — nearly $ 200 less than what the average US homeowner paid that year.

To limit their exposure to catastrophic storms, insurance companies sell policies with a hurricane deductible — one that, in some cases, is much higher than the standard one for homeowners insurance policies.

And given Eden Prairie's extremely high standard of living and high «Money Magazine» ratings, you might think that your auto and homeowners» insurance might be even lower than these averages.

They resemble a traditional site - built home, more than a mobile home, and are usually insured with standard homeowners insurance.

Since these manufactured houses usually cost less, it might be hard to understand why El Paso mobile home insurance might be more expensive than standard homeowners insurance.

They can be used for claims on property damage or injury liability that goes higher than the standard homeowners or auto policies allow.

The limitations on these and other deductions means many homeowners who itemize today will find it more attractive to take the newly increased standard deduction, although that deduction is less valuable than it initially appears because the bill also eliminates the personal and dependency exemptions.

Moreover, because the plan is also expected to repeal personal and dependency exemptions, the higher standard deduction would leave homeowners owing more tax than under the current law.

These cost about 25 percent more than standard homeowners policies to provide increased protections.

Tax experts estimate that 95 percent of homeowners today would find it makes more sense to take the standard deduction rather than itemize under the Administration's plan.

NAR has concerns with the Administration's proposal because it would hurt homeowners by taking away more deductions than would be offset by the increase in the standard deduction.

Several factors continue to hold back a major turnaround in housing, including a weak job market, tight mortgage lending standards and the huge number of homeowners who owe more on their mortgages than their homes are worth, leaving them essentially stuck in their properties.

Characterized by lower upfront Mortgage Insurance Premiums and closing costs, the HECM Saver makes the reverse mortgage more affordable by allowing homeowners to borrow a smaller amount than the standard reverse mortgage.