Sentences with phrase «value on the existing property»

Not exact matches

Private lenders focus on the market value and existing debts on a property when deciding whether or not to approve a mortgage application.

LTV on a property is calculated by dividing the total of existing mortgages by the market value of a house.

When you first obtained a mortgage you needed to fill out an application, verify your income, obtain a credit check, verify the status of the existing mortgage, verify the property title and get an appraisal (depending on the loan to value this may just be a drive by appraisal) among other things.

Private lenders are keen about market value and existing debts on a property when deciding whether to approve mortgage applications.

My husband and I own property with an existing low - value home on it that is too cost restrictive to remodel with no loans / liens against it.

When deciding whether or not to approve an application, private lenders are more concerned about market value and existing debts on a property.

The Loan to Value (LTV) is determined by dividing the value of the existing mortgages on a property by the estimated selling price of the property in quesValue (LTV) is determined by dividing the value of the existing mortgages on a property by the estimated selling price of the property in quesvalue of the existing mortgages on a property by the estimated selling price of the property in question.

Private lenders focus on existing debts and the current value of the property when making a lending decision.

When deciding whether or not to approve a mortgage a lender will examine the value of the property and the existing mortgages on the property.

Interest rate typically ranges from 7 % -15 % depending on the value of existing mortgages, credit score, income and the property's condition among other factors.

Private lenders decide how much to loan applicants based on the value of the property and the value of existing mortgages.

Lenders have to calculate a value known as Loan to Value (LTV) ratio, which is equivalent to the value of existing debts on a property divided by the current appraised vvalue known as Loan to Value (LTV) ratio, which is equivalent to the value of existing debts on a property divided by the current appraised vValue (LTV) ratio, which is equivalent to the value of existing debts on a property divided by the current appraised vvalue of existing debts on a property divided by the current appraised valuevalue.

The value of the home and that of existing debts on a property determine the amount a person can borrow.

The amount a borrower is eligible to receive depends on the age of the youngest borrower, property value, current interest rates, and any existing mortgages or liens that must be settled at closing (existing mortgages can be paid with proceeds from the reverse mortgage).

For the properties Jeremy purchased on the MLS, he said, «either it said on the MLS that they would take seller financing or it didn't say that but they'd been on the market for a little while and it was a value add opportunity where they had a low enough mortgage balance that we could do seller financing and give them a down payment big enough to cover their existing debt.»

They recommend that the World Heritage Committee request the State Party to invite a joint World Heritage Centre / IUCN reactive monitoring mission to the property in view of making a comprehensive assessment of the overall state of conservation of the property, including a rigorous assessment of the extent to which the Outstanding Universal Value is currently affected by the existing threats, including invasive species and climate change, and assisting the State Party with the development of a proposal for the Desired state of conservation for the removal of the property from the List of World Heritage in Danger based on the findings of the mission.

The specific charge in your case will depend on the value of the property at issue and your existing criminal record.

The value of the property, liabilities and debts (subject to any exclusions and deductions) that exist on V - Day will be shared if the parties are married.

NAR's comments on this program mirror concerns with a recently developed residential energy performance score — these kind of scoring programs stigmatize older, less efficient existing buildings in the real estate marketplace, thereby reducing property values.

In that case, Southern Minnesota Beet Sugar Coop vs. County of Renville, the Court acknowledged that if market transactions exist and shed light on the value of a special - purpose property, it should be considered even if adjustments must be made to account for differences between the comps and the subject property.

Rising property values place financial burden on existing homeowners who have watched their home values — and property taxes — double in the last decade.»