Sentences with phrase «terms before you bought the house»

Not exact matches

When interest rates increase relatively quickly in a short period of time it typically results in a short term increase in the number of sales in the housing market as many buyers rush to buy before the interest guarantee they have with their mortgage pre-approval expires.

For borrowers who want short - term financing to buy a house before their current house is sold, these loans can help pay for the new home's down payment.

The building, a former tire factory which was at one point supposed to house tech companies, stood in disuse before GFI bought it in 2008 with plans to rehab the building as mixed - use residential and commercial space, ideally capturing a major City agency as a long - term tenant.

If you find that you need to buy the next house before you've received the proceeds from the present one, lending institutions can sometimes make you a short - term» bridge» loan to tide you over between the two transactions.

«My client was looking for a house to buy before getting involved in the Sec. 8 program and wasn't sure whether homeownership was feasible for her,» says David Beckett, CRB, sales associate, Prudential Realty Mart, Burlington, Vt. «If I'd been aware of how much the subsidy would mean to her in dollar terms, I could have reassured her much earlier that homeownership was possible.»