Sentences with phrase «time homeowners because»
This extra tax may come as a surprise to first time homeowners because in a rental situation all of the property tax is taken care of by the landlord (that may be the reason for your outrageously high rental costs!)
https://www.mortgagecalculator.biz/ Not exact matches
«This incentive applies to current homeowners as well because you're eligible for first - time buyer status if you haven't owned a home in two years.»
The program is designed to benefit homeowners who have made their mortgage payments on time, but who are unable to otherwise refinance because of the amount that they owe.
That's because the 30 - year option came with a higher interest rate from day one, and the homeowner paid that higher rate over a longer period of time.
This is because homeowners pay approximately 65 % less mortgage interest over time with a 15 - year mortgage as compared to a 30 - year.
Special windows are often the best option, because tornadoes can strike so quickly that homeowners may not have time to even roll down shutters in time.
And besides, approval for homeowners is a lot easier and the process significantly shorter because the lender is more confident on lending to a homeowner than to a non homeowner and thus, there are fewer things to check when it comes the time to consider approval or decline for the loan.
The program is designed to benefit homeowners who have made their mortgage payments on time, but who are unable to otherwise refinance because of the amount that they owe.
Mortgage modification has been drafted specifically for those who are threatened with foreclosure or are having a hard time making their monthly mortgage payments and is different from mortgage refinancing that is available under the same legislation (for homeowners who are not behind on their mortgages but can not refinance because of lowered market values for their homes).
Because of the length of the loan and the length of time that it takes to build up equity, a 50 - year loan is not a good choice for homeowners who plan only to be in their house for a few years.
Many homeowners choose the VA Cash - Out refinance option over other types of loans because of the ability to repay the loan over a longer period of time, and typically, the VA Cash - Out refinance option comes with a lower interest rate.
«At the same time, because the tolerances are much greater for outdoor fence work — a quarter of an inch, say, versus a 32nd of an inch for crown moulding — it's something homeowners can do even if they're not that precise with their measurements and cuts.»
That's because the 30 - year option came with a higher interest rate from day one, and the homeowner paid that higher rate over a longer period of time.
Because home equity lines of credit are flexible in terms of how much can be utilized over time, some homeowners may find themselves in a situation where they have borrowed too much, and monthly payments are not easy to manage.
Still, your ability to sniff out a great mortgage is crucial to your financial well - being as a future homeowner, because the decision you make could stick with you for a very long time, maybe even 30 years.
However, with a reverse mortgage the loan balance grows over time because the homeowner is not making monthly mortgage payments.
The reason your insurance company will look at your insurance score is because studies have for a long time found a definite correlation between a homeowners negative credit rating and their likelihood of filing an insurance claim.
The 15 - year fixed has the potential to save you a ton of money and build home equity fast, but it's often not affordable for many first - time home buyers (or even existing homeowners) because monthly payments are significantly higher.
This is because homeowners pay approximately 65 % less mortgage interest over time with a 15 - year mortgage as compared to a 30 - year.
While the homeowner doesn't need to be available during the inspection it is still recommended because it shows a good - faith effort that they are willing to discuss any possible defects, either structural or cosmetic, at the time of the home inspection.
Because most homeowners stay in their homes for a longer period of time, they provide a more stable home life for children, which, in turn, affects their academic performance.
So, aspiring homeowner, it's crucial that you pay everything absolutely on time — even for things like utilities that don't normally report to credit bureaus --- because that will be counted on your mortgage application.
And because these mortgages are refinances or modified to a more affordable and all - time low interest rate, the total price of the home will be less, and even though homeowners will be making smaller monthly payments, they will be paying less in interest and more towards the principle owed on their homes.
Some homeowners have had a difficult time qualifying for home equity loans during the credit crunch because of falling home values.
There are times when droves of homeowners rush to refinance, usually because of a drop in interest rates.
That's largely because, as the homeowner avoids making loan payments, the mortgage interest and fees are steadily tacked onto the loan balance, growing larger and larger over time.
This was a very common occurrence, and because they were unable to refinance, many homeowners suffered through high monthly mortgage payments during one of the worst economic times in the U.S.
In another recent case, a homebuilder sold and financed a home to a first - time buyer, but because the builder financed the sale and didn't require title insurance, neither the lender nor the homeowner had title insurance.
Short sales are not the homeowner's best friend because many times they can walk away with not even a penny to their name.
While the Splatoon 2 controllers have been obtainable in Japan because the on - line shooter launched final summer time, the one approach Switch homeowners might buy them within the US was as a part of the Splatoon 2 Switch bundle.
Often times because they are in a panic to save their home a homeowner will file for bankruptcy protection without thinking of the consequences.
NPR ran a heartbreaking story on Friday about the state of crisis in which Legal Services finds itself because «the number of poor people who need legal advice has gone through the roof — more senior citizens and more homeowners who lost their jobs» while at the same time there are severe funding cutbacks.
Most of the time, an insurance agent in Passaic won't want to put much time into a Passaic renters insurance policy because they make very little off them and there are fewer cross-sell opportunities than with a homeowners policy.
Because AgentInsure only works with the best homeowners insurance companies out there, you don't ever have to worry about whether you'll get good service or whether your claims will be paid out in time.
Virginia's RV owners have distinctive insurance coverage needs because they need vehicular coverage during the times that they are driving their motorhomes from one location to another, but they also need homeowners - type coverage for the times that they are living in their vehicles.
RV owners have complex insurance coverage needs because they require vehicular coverage for the times when they are driving their motorhomes from one location to another, while they also require homeowners - type coverage for the times that they are living in these portable homes.
«Demand increased over the past year because of a robust job market for those with a college degree and renter fatigue at a time when homeowners continue to see their equity rise.
In some cases, insurers know owners have some water - related damage because of comprehensive loss underwriting exchange (CLUE) reports, which are filed any time a homeowner makes an inquiry about filing a claim, even if they decide not to.
A concern such as this has to be addressed because until the homeowner agrees now is a good time to list you will not be able to discuss the benefits of listing with you and your company.
I can't begin to tell you how many times homeowners told me that colleagues told them not to list their mid-price and lower - priced properties with «That Girl,» because she only concentrated on high - priced and million - dollar properties.
Would it not be reasonable for me as a homeowner to expect that because it took so little time and effort to sell my property that it would cost less in commission than if it took 3 or 4 months to sell in a really bad market?
Among homeowners interested in selling to upgrade or downsize, 79 % said they were concerned with timing the real estate market and 63 % claimed it's a good time to sell but not to buy because of home prices.
Jeff Jones, Managing Broker at the Naples - Park Shore office of Coldwell Banker ® said this was most likely a result of homeowners either delaying to list because they evacuated or removing a listing because they needed time to clean up and make minor repairs to properties following the storm.
However, with a reverse mortgage the loan balance grows over time because the homeowner is not making monthly mortgage payments.
That's because the 30 - year option came with a higher interest rate from day one, and the homeowner paid that higher rate over a longer period of time.
We will also start to see some short sales coming on the market because of time is coming up for many homeowners who have not made their mortgage payments for a long time.
Another 59,000 existing homeowners will be able to buy another home because a first - time buyer purchased their home.
In other cases, lenders may not be willing to consider a loan for some time if the reason for the foreclosure was simply because the homeowner chose not to make a payment or because they had too much other debt.
During the most recent refinancing boom, for example, many homeowners refinanced their home loans two or three times within relatively short periods of time because interest rates kept treading downward, making it extremely attractive to trade in one loan for another.
«Furthermore, tight inventory conditions are being exacerbated by the fact that some homeowners are hesitant to sell because they're not optimistic they'll have adequate time to find an affordable property to move into.»