Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about house depreciation: | |||||||||||||||||||||||
How Much of Your House Does an Investor Deserve?
1 August 2005 "I have a friend who wants to put up the 20% down payment I need to purchase my house. It would be an investment by him, which he would recover when I sell the house or in 7 years, whichever comes first. Our problem is in determining the percent of the house ... more... Are House Seller Contributions Kosher? July 10, 2000 ?I offered $289K for a house but was not able to make a down payment. The seller?s realtor told me that so long as I could pay all the closing costs, they would find a way to contribute 5% toward a down payment. When we sat down to sign the ... more... |
|||||||||||||||||||||||
house depreciation related definitions |
|||||||||||||||||||||||
Depreciation
Depreciation Decline in the value of a house due to wear and tear, obsolescence, adverse changes in the neighborhood, or any other reason. Depreciation is treated as an expense and is a line item on an income statement. Depreciation can only be applied to the building and not ... more... Homestead Homestead Status provided to a homeowner's principal residence - the dwelling (house and contiguous land) of the head of a family -in some states that protects the home against judgements up to specified amounts. Some states grant statutory exemptions, protecting homestead ... more... |
|||||||||||||||||||||||
More about house depreciation Ready to Sign that Lease Agreement? Questions Investors Should Ask When Buying and Selling Investment Property The Most Important Aspect of Flipping Houses - Curb Appeal Buying a House in Scotland 5 Steps To Choose the Best Cincinnati Realtor Don't Sell Your House--Ever! How to Sell Your House by Lease Options Your House Is Your Biggest Investment Do You Really Just Want a Loan Advisor? Is the Real Estate Bubble About to Burst? Bridging the Gap through Bridging Loans
|
|
||||||||||||||||||||||
|