Sentences with phrase «to afford a house»
The phrase "to afford a house" means being able to pay for or have enough money to buy and maintain a home without financial difficulty. Full definition
But she and her husband can't afford housing in a city where the average deposit for an apartment rental is more than $ 400,000.
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High student loan payments are making it more difficult to afford housing in many urban centers, where jobs are located.
Even when they can't afford their house payments or utility bills, they can still some how get the money for the newest phone or shoes.
The inspectors uncovered so many serious problems with the house that I thought there was no way we were going to be able to afford this house with all the added repairs.
It raises the question for lenders of whether you're able to afford the house if you can't afford the down payment.
This is where many buyers have a disconnect — they don't realize they can't afford the house of their dreams.
Real estate can be a great investment, but you can't even afford a house of your own yet, let alone investment property.
Maybe you can afford a house now when interest rates are low, but beware the future, she says.
They are tax credits that put extra cash in your pocket each month, so you can more easily afford a house payment.
They have money, they can certainly afford their housing, but they either have a little too much debt or just think their debt is none of the mortgage company's business.
You'll have peace of mind knowing that you are qualified and can actually afford the houses you will be looking at.
When I was in my first job, I thought I could never afford a house.
Even if the present government did manage to release land through a relaxation of planning regimes, no one would be able to afford the houses which may be built.
After de Blasio took office, he brought back city rental assistance programs to help people afford housing and move out of shelter.
Hopefully, we've learned our lessons about subprime mortgages and snake - oil brokers who promise you can afford a house when you can't.
I hope with good investments and wise spending, i will be able to afford a house before my 30 in silicon valley.
Nor that it was founded on the flawed premise that most homeowners facing foreclosure could very nearly afford their houses and just needed a tweak to their mortgage terms.
Today, mortgage lenders are required to prove and document your ability to safely afford the house payment, and show that you are responsible with OK or better credit.
It's hard for people to afford a house out of pocket, but with some planning and good money management, paying for a dog in full can be easy.
Our average wage earners can afford houses under $ 100,000.
Think you'll never be able to afford a house with a jumbo loan?
It raises the question for lenders of whether you're able to afford the house if you can't afford the down payment.
They have money, they can certainly afford their housing, but they either have a little too much debt or just think their debt is none of the mortgage company's business.
However, before you fall in love with your new home, learn the four factors that maybe the key to whether or not you can afford that house of your dream.
I just got my first 3 fam in the Everett area, and I can tell you with your savings, you could technically afford a house like that if you would go down the FHA path, but you would be skim on reserves in the bank which would be worrisome.
It is outrageous and wrong that so many New Yorkers are struggling to stay in their homes or are homeless and can not afford housing at all, while Cuomo continues to give his landlord and developer donors special treatment.»
Housing affordability is very strong at 173.5 (median income can afford a house priced at 173 % of the median home price)
The project is a cooperative built on the «Munich Mix» model - a mix of subsidized rental for the poor, subsidized purchase for the middle class who can no longer afford housing in Munich, and market housing.
Could you still afford a house?
Can't afford a house like my parents.»
I really hope that as I build up my full year's emergency funds that I can grow less anxious about affording my housing costs per month.
As a homeowner in need of a short sale, you generally want this BPO to be low to help your buyers afford your house — and help you move on.
Our Vancouver based kids (youngest and hubby) have thought about moving to Seattle because they might be able to afford a house there — something completely unattainable in Vancouver where the tiny, junk - filled, dirty house they just rented would go for 1.2 million.
He drives 18 - wheelers to make ends meet, and hopes he can one day afford a house for his wife and daughters who are living in north Mississippi.
«We need to focus on bringing some jobs back here, so the people can make a decent earning wage and be able to afford housing here,» said Wooden.
As we read that school teachers in major cities are finding it hard to afford housing on their current salaries, one suspects that many, given the option, might leap for higher pay.
Though North Carolina's work has been paying off, there's no widespread empirical evidence that helping teachers afford housing reaps the sought - after outcomes.
There are plenty of home loan programs designed to make housing much more affordable in areas where first - time buyers find affording a house to be difficult.
In Toledo, for example, if you earn $ 60,000 per year, pay $ 500 per month to debts such as credit cards, and have $ 40,000 for a down payment, then you can afford a house worth $ 228,500 at 4 % interest — which will amount to monthly payments of $ 1,298.
Over the past several years I have been teaching extra courses to pay off debt, visit my now lovely wife (we did a long - distance relationship for two years), travel, and ultimately afford a house.
Today, the FHA serves primarily to help those who can not normally afford housing to purchase homes.
A general rule for prospective home buyers and owners who want to be able to comfortably afford a house is to keep a maximum RLR score in the 60 to 70 range.
If you answer «yes» to any of the above questions, FHA financing may be a better alternative, as long as you can truly afford the house you're looking to buy.