Sentences with phrase «than the value of the home at»

You are never required to repay more than the value of the home at the time the reverse mortgage is paid off.
You or your heirs will not be required to pay more than the value of your home at the time the loan is repaid; even if your loan balance exceeds the value of your home provided you or your heirs decide to sell the home.
Whenever the «upside down» event occurs (the amount due is greater than the value of the home at time of sale), under the FHA requirements, the lender will look to the government for the difference.
If the home sells for less than the owed balance, the estate is not required to pay more than the value of the home at the time the loan is repaid.
You or your heirs will not be required to pay more than the value of your home at the time the loan is repaid; even if your loan balance exceeds the value of your home provided you or your heirs decide to sell the home.
This means that you can never owe more than the value of your home at the time you or your heirs sell your home to repay your reverse mortgage.
False: You or your heirs will not be required to repay more than the value of your home at the time of sale to repay the loan even if your loan balance exceeds the sales proceeds.
And if the balance is less than the value of your home at the time of repayment, you or your heirs keep the difference.

Not exact matches

«When the housing market crashed, owners of the least valuable homes were especially hard hit, and lost more home value than homeowners at the upper end of the market,» Zillow senior economist Aaron Terrazas said in the report.
The social giant collects much more information than that, which results in at least 600 targeting options including household income, level of education, home type, home value, home ownership status, household composition, parents of children with specific ages, newly engaged couples, new vehicle buyers, expats, a variety of buyer profiles, people who frequently buy online, frequent travelers, and much more.
It reports $ 110 million of net income on $ 3 billion in revenue for the nine months ending Nov. 2, 2013, compared to $ 95 million in net income on $ 2.88 billion in revenue for the year - earlier period. www.michaels.com National Mentor Holdings, a Boston - based provider of home and community - based health services to children and adults with disabilities, is preparing to file for an IPO that could value the company at more than $ 1 billion, according to the Wall Street Journal.
All 50 states saw home values increase, and prices are now higher than they were at the peak of the last housing boom, although that does not account for inflation.
Private companies are currently allowed to solicit only accredited investors - those with a net worth of at least $ 1 million, excluding the value of their homes, or annual income of more than $ 200,000.
The displayed rates and APRs assume a loan amount of $ 260,000, an owner occupied single family detached home located in Pennsylvania, first time usage of VA eligibility, a loan - to - value ratio of less than 80 %, a credit score of at least 740, and a debt - to - income ratio of less than 50 %.
A recent analysis by researchers at the Federal Housing Finance Agency found that home values had risen faster in the heart of big cities than anywhere else in the country over the last 25 years, a sign of their turnaround and a trend Mr. Trump, as a real estate developer, is likely to be aware of.
The range of wealthy locals is wide, including such industry titans as Larry Ellison, who has a home in Woodside, CA valued at more than $ 70 million — a fitting estate for the Oracle founder, who is worth an estimated $ 43 billion.
According to the Unison Home Affordability Report, the median Escondido home is more affordable (at a median value of about $ 461,838) than those in many San Diego neighborhoHome Affordability Report, the median Escondido home is more affordable (at a median value of about $ 461,838) than those in many San Diego neighborhohome is more affordable (at a median value of about $ 461,838) than those in many San Diego neighborhoods.
U.S. home values have climbed more than 30 % since late - 2012 which means that many of the homeowners who have used FHA financing this decade have at least some home equity.
The clearest available explanation for this crazy price outcome is supply: the total dollar amount of market value in $ WFC - L, an amount that has to find a home in someone's portfolio at all times, is roughly 1000X larger than the total amount of $ KSU - to be held.
Some of the tips to save money that many early retirement blogs suggest are to live close to where you work to cut your commuting costs, bike to work, cook food at home rather than going out to eat, cut out cable and other excesses that don't really add value to your life.
And when it comes to «family values,» we're weary of battles to «protect» marriage from gay couples, when so many young evangelicals have grown up in broken homes, witnessing our parents divorce and remarry at rates just as high as in the non-evangelical world (more than 33 % of marriages among born - again Christians end in divorce, the same as in the general population).
Only 25 % of Fulham's home games this season have seen more than two goals and therefore under 2.5 goals at Betfair is a price of even money and that looks good value.
Nine of United's last eleven home games have featured less than three goals, so under 2.5 goals has to offer some value here at a price of 19/20.
95 % of women who rejoin the workforce rather than stay with their kids do so for financial reasons, not a fear that society wont value and appreciate them staying at home.
However, the value of a stay - at - home mom depends on each individual's situation and there are a lot more variables than what these type of articles cover; these authors are not financial analysts but rather marketers selling their article.
More than half of 190,000 registered Houzz users recently surveyed said they plan to tackle a remodeling project to increase the resale value of their homes, although most don't plan to move for at least five years.
At 10 a.m., a new report will show black and Latino homeowners in the outer NYC boroughs remain in the grips of the foreclosure crisis because the value of their homes is less than the outstanding balance on their mortgages; Council members will call on the city to use eminent domain to seize «toxic» mortgage and modify them, City Hall steps, Manhattan.
He bought an ergonomic office chair and massage chair each valued at more than $ 3,000 for Edward Mangano, gifted a $ 7,000 Panerai Luminor watch to one of Mangano's sons, and had hardwood flooring installed at a cost of nearly $ 4,000 in the family's home, the indictment says.
In fact, more frequent use of the app (more than twice a week) did not result in any significant value added, suggesting that just a little bit of math interactions at home can go a long way for math - anxious families.
Findings showed that older adults» willingness to pay to extend their life by one year was valued at S$ 1,587, which is significantly lower than what they are willing to pay to be free of pain (S$ 9,358), or to die at home (S$ 3,712).
The reconstruction cost value (RCV) of the highest - risk homes is more than $ 5 billion, according to CoreLogic, while the RCV of all at - risk homes in Southern California exceeds $ 27.7 billion.
We seem to have lost the value of eating dinner at home, but in fact I would argue that it is more important than after school activities.
It's a throwback for Kurt Russell to his Disney Movie of the Week days in terms of screenplay, ethic, and production value, and if Kelly Preston seems right at home, well, that says a lot more about the plastic fantastic Preston than it does about Sky High.
Bexar County Appraisal District records indicate Jones is a resident of the Terrell Hills area, with his home valued at more than $ 3 million.
Students who at home are socialized into the language and literacy practices valued at school will continue to have a better chance of achieving academic success than those who do not have access to such practices either inside or outside of school.
Nearly two - thirds of foreign exchange students surveyed, 64.1 percent, view American teens as valuing success at sports «much more» than teens in their home countries.
«Subtle» aspects of family involvement — parenting style and parental expectations, for example — may have a greater impact on student achievement than more «concrete» forms such as attendance at school conferences or enforcing rules at home regarding homework.144 Some researchers, policy makers, and practitioners argue that these subtle forms of family involvement are not easily influenced by schools.145 In contrast, we argue that the value of creating participatory structures in schools lies in its potential for increasing family and community members «sense of engagement in children «s education, and, as a consequence, augment and reinforce the subtle behaviors responsible for improved outcomes.146
We disagree less about the value of a particular unstudied instructional method than we do on the importance of maximizing the payoff from every minute of instruction — particularly for kids who won't largely learn to read at home.
If you're new to parental or home ownership duties, you're probably also new to having not much more than the value of a Happy Meal in your checking account, too, so we'll try to keep this list below $ 30k at least to start.
Unlike a home inspector, who looks for defects that could cost the buyer money down the road, an appraiser looks at home components that contribute to its value — mostly location, square footage, number of bedrooms and bathrooms, and overall condition, says George Alexa of Alexa Residential Appraisal in Fairfax Station, VA, who has appraised more than 16,000 properties in the past 30 years.
Also home to the University of Texas at Austin, the city reported a median household income a few thousand dollars higher than the national median, while the median owner - occupied home value stood close to $ 280,000.
An individual's value to his creditors at time of filing a consumer proposal comprises his assets valued at liquidation (auction) pricing (that may be a garage sale for your furniture and household goods, the wholesale cash buyer for your car, or the pawnbroker for your jewellery) after deducting exemption in prescribed, legislated amount (s) for car, household goods, clothing, tools of the trade, medical aids, home, life insurance, pensions, RRSP, etc., which amounts to little or nothing for the large majority of us, less than our debt in any case.
In his latest book Stanley notes that three times more American millionaires live in homes valued at under $ 300,000 than over $ 1 million — and, in fact, says that moving to an enclave of upscale mock tudors is akin to moving to a wealth trap.
This tree - lined neighbourhood of single - family homes near Simon Fraser University certainly seems to offer value: Last year approximately 30 properties sold in this area at a benchmark price of just over $ 700,000 — almost $ 50,000 less than the benchmark price for the Greater Vancouver Area.
You can never borrow more than your home's market value between the two loans, though many lenders offer variable LTV or loan - to - value options that start at 80 % of your home's market value.
You can look at these numbers in two ways: You can say that the cash value of real estate has risen during the past decade and you can also say that today's existing home prices are actually cheaper than 10 years ago in terms of buying power.
In the event the loan balance is greater than the value of the home, the borrower can either arrange to voluntarily turn over ownership of the property to the lender (Deed in lieu of foreclosure), or buy the home at 95 % of the appraised value.
That way, when your beneficiary sells your home, they are taxed based on how much it has appreciated from the value at the date of death, rather than your original purchase price.
Additionally, mortgages with amortizations of more than 25 years, refinancings, mortgages on homes valued at more than $ 1 million, and property that is not owner - occupied can no longer qualify for portfolio insurance.
This means that regardless of the loan balance, you and your heirs will not be responsible for repaying more than the home's appraised value at the time the loan becomes due and payable.
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