Sentences with phrase «values a property against»

The comparable sales approach values a property against those of similar properties that have sold recently.

Not exact matches

You can borrow against this equity — lenders often loan up to 75 or 80 percent of a property's appraised value.

Raising taxes on property, meanwhile, would leave less value to be capitalized into bank loans, thus guarding against future indebtedness.

The loan - to - value ratio is a critical component of mortgage underwriting, whether it be for the purpose of purchasing a residential property, refinancing a current mortgage into a new loan, or borrowing against accumulated equity within a property.

People ran up debts to buy better homes, and then borrowed against the rising market value of their property to pay off the credit - card debt that was financing much of their rising consumption.

This provides a unique angle to real estate investing, which often uses leverage, whereby a buyer borrows against most of a property's value to gain income from the property, even though the buyer only put part of the money into the property.

The real estate industry is already in the midst of an aggressive battle against the loss of the state and local property tax deduction that they argue could harm home values.

Net valuation gain on the investment portfolio reached $ 104million (against $ 53.9 million at the end of 2014) The fair value of the investment property and the investment property under construction as at 31 December 2015 rose 62.7 % to $ 677.1 million, compared to $ 416.1 million as at 31 December 2014.

The relationship between the property value and the amount owed against it.

This equity may be borrowed against down the road to make home improvements and further increase the property's value, or to consolidate higher interest rate revolving or term debt and save money each month.

The battle against Mormon polygamy continued while Taylor was underground, with 1887's Edmunds - Tucker Act forcing women to testify against their husbands, requiring anti-polygamy oaths and laying the groundwork for the U.S. government to seize high - value church properties, including temples.

Hunt, who will call for a new focus by Labour on taxing unearned wealth, including an annual tax on property values levied on owners to replace the «unfair and outdated» council tax, will also say that both New Labour and Ed Miliband's Labour failed to make an effective case against inequality.

«This borrowing is underpinned by high house prices, which allow homeowners to raise finance against part of their property's value that is unencumbered by a mortgage.

She has led the fight against Zombie, or abandoned, properties to protect property values and as chair, led a team to update the Comprehensive Plan to ensure legal protections of DeWitt's valuable natural assets.

Still, some Republicans had argued against the measure because they said it would depreciate property values.

We all want stability, which in financial terms means illiquidity [Editor's Note: «Illiquidity» refers to assets not easily transferred to currency, a property that can protect against» volatility» — rapid, radical swings in value].

Bridge Financing Program Bridge Financing is a temporary source of funds that enables our clients to borrow against the value of their current home to secure a second property, also financed by RMG Mortgages.

The lender will consider the size of loan you are seeking against the estimated value of the property once the home is built.

This means that you count your exemptions against the full value of the property minus any money that you owe on mortgages or liens.

This is so they can judge the current value of the property accurately, and so give you the most up to date quotation regarding how much you can borrow against the property.The appraisal will inspect the internal and external up keep of the property, the quality of local amenities and services in the local area, and the recent selling price of similar homes in the vicinity of your property.

While credit score is of utmost importance to banks, private lenders concentrate on the market value of a property and loans secured against it.

Home equity loans are sometimes referred to as «second mortgages» because they are also secured against the value of the borrower's home or property.

A property's LTC is equal to the value of existing debts against the home divided by the market value of the home.

Private lenders solely focus on the market value of the property and the total of debts against it.

ninety LTV Refinance Analyzed top rated list of Refinance Loan companies from Evaluations If you wish to determine how much lendable collateral you have in your house based on a loan to worth all you have to get it done take your property value, multiply this by the personal loan to worth (the percentage you need to borrow) then subtract any kind of mortgages owing against the property and also residence tax or some other liens / encumbrances.

This number will consider the value of all that you own (property, stocks, etc.) and weigh it against what you owe to other lenders.

That is, you pledge some sort of property, generally a home, land or vehicle, against the value of the loan in order to provide security to the lender.

Lenders will take into account your assets, income, credit score, the current value of the property, other debts and the total amount you want to borrow against your home.

By dividing secured debts against appraised selling price of property, they get the loan to value ratio, which shows what percentage of the home you own.

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.

Equity is the amount of monetary ownership a homeowner has in their property and is determined by subtracting the balance of any liens against the property from the home's market value.

Credit lines available through a SunTrust HELOC range from $ 10,000 up to $ 500,000, based on the property's loan - to - value ratio, and draws can be made against the available credit line for ten years.

The loan - to - value ratio is a critical component of mortgage underwriting, whether it be for the purpose of purchasing a residential property, refinancing a current mortgage into a new loan, or borrowing against accumulated equity within a property.

The mortgage rules also demand that lenders be paid in order of who came first so lending against property with a very high loan to value ratio would be impractical.

By placing collateral against the value of a bad credit loan, you are giving the lender permission to place a lien against your home or other valuable property.

However, even home and vehicle owners may not want to leverage their property against the value of their loan, especially in a shaky economy.

Liens are a lender's claims against the value of property used as collateral for a loan.

It's advisable to increase your aggregate personal property limit to account for that, otherwise you may find yourself in a situation where there's coverage for the high value item but you run up against the personal property limit for other items.

(1) Loan - to - value (LTV) is the ratio of all loans against a property to the purchase price or value of the property.

Furthermore, any lawsuit that could be filed against you for an injury that takes place on your property could easily exceed the entire value of your house.

Allows you to borrow up to 80 % of the value of your property, less any other loans against the property.

In terms of the hazards of borrowing against property (i.e. you could lose your home or property if you default), our loan to value (including the 1st mortgage) would be less than 30 %, even if the HELOC were fully drawn, so I believe weâ $ ™ re being prudent.

The value an owner has in real estate over and above the obligation against the property.

either using a balanced real estate index fund (i know, but keep reading) will, over the long - haul, provide steady dividends as well as a hedge against inflation; as the $ rises, so to will the underlying property value.

Home equity is the current market value of your home, minus any outstanding debt registered against your property, like your mortgage balance.

The amount of debt secured against your property does not exceed 85 % of the current market value (this is called the Loan To Vavalue (this is called the Loan To ValueValue).

Hard money lenders are primarily focused on the value of the property being borrowed against and the loan to value ratio.

If that same homeowner secured a 125 home equity loan, he would be able to borrow against $ 250,000, or 125 percent of the house's property value.

But today, one in four California homeowners is upside down (where the liens against a property exceed the value of the property).

A 125 % home equity loan is a loan that exceeds the value of the property that it is borrowed against.