Sentences with phrase «then on our second property»

Not exact matches

Fifty - one MPs were allowed to redact their details altogether, leading to suspicions that some are claiming rent of up to # 20,000 on a London flat — and then claiming back the rental cost on a second property, after subletting the first.

In 2003 he substituted a new # 450,000 mortgage on the Cheshire property, which he then designated as his second home, or «flipped».

The tax plan would require local governments to budget within the state's cap on local property tax levy increases and then in a second year find ways to share services.

Mr Maude then rented out the property and began claims on a second flat, with # 35,000 in mortgage payments coming from the public purse.

My lender for the second mortgage just wanted to see a 1 year signed lease on the first property, and then they counted that as income, which essentially offset the DTI ratio on the first house altogether.

The government would register a second mortgage charge on the title of the property, behind the first mortgage for the amount that is loaned towards the down payment, no interest or payments will be charged for the first five years and once the five - year term has matured, the loan would then have to be repaid based on the Prime Mortgage Rate of Canada plus.50 % and amortized over a 20 year period.

A house or a piece of property can have a number of mortgages placed on it by lenders, the first mortgage holder has first claim to any proceeds on the sale of the property, the second mortgage holder then can be paid off once the first mortgage holder is paid off, if there is a third mortgage then that lender must wait until the first and second mortgages are paid off before they can get paid.

The seller then will collect payments from the buyer on that second mortgage and the mortgage is fully repaid by the buyer upon refinance of the property or sale of the property at a future date.

He goes on to say that Zelda is the best selling property within the adventure genre, selling 54 % more revenue then the second - best franchise, Resident Evil.

The second piece is that we've actually built in, to our technology, the ability — it's almost like an automated fraud detector, and my partner, Mark, had to deal with this issue back at Rent.com, in terms of the property management stuff, so he's got experience in building this piece — but the basic idea is that we have a baseline from where our company is starting from, based on those published attributes, and if that changes dramatically, or if things start to disappear because they're getting negative attributes, say because it's made in China, and then they pull that off, that'll actually get a worse score if they don't publish the source of where it's made vs. if they publish that it's made in China or made internationally.

For instance, a dog could cause minor property damage, which would count as the first bite, and then cause physical damage to an individual on the second bite.

But then I want to offer a second point of critique, based on a line of research I have underway on how work done in the name of learning (and the learned), in such institutional settings as universities, tends to give rise to a distinct class of intellectual properties, one that differs from commercial properties and places a different set of opportunities and responsibilities on the owners of those learned properties.

If you're planning on renting out your single - family home (or a second home / investment property) on an ongoing basis, then you're likely a candidate for landlord insurance, says the III, because a homeowners policy typically won't protect you in this scenario.

Then, a new 7 percent capital gains tax on investment properties and second homes was defeated after a bitter battle that went into special session.

Then I got a call from an insurance rep just as my rehabbing was wrapping up on this second property.

This means that when a second offer comes in on the Seller's property then it is definitely sold that day whether it be the offer in place or the one bumping it.

My plan is to go to a bank when I have a tenant and seek a 1st mortgage and then use that money to buy my second property and so on so forth, Is this a correct scenario or am I being too simplistic?