The purchase contract provided that the existing house would be torn down and completely removed from the property before the closing date.
Since the financing is based on the lesser of (1) the purchase price or (2) the appraised value, an appraisal that results in a value at or above the contract purchase price means the deal remains intact.
Lenders are happy when the appraisal delivers a value at or greater than the contract purchase price.
Buyers typically question the wisdom of the already agreed upon contract purchase price in the face of subjectively objective factual evidence to the contrary.
I. are buying in a nice neighborhood in a great northern New Jersey town was appraised for more than the contract purchase price!
An appraisal that results in a value that is less than the contract purchase price can potentially mean all kinds of woe for the loan officer (me) and the real estate agent.
Notwithstanding ss. 196.49 and 196.80, no approval or certification of the public service commission is necessary for a public utility to purchase, or contract for the operation of, such a plant, and any such purchase is considered to be in the public interest and to comply with the criteria for certification of a project under s. 196.49 (3) (b).
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The Moghadams, whose purchase contract for extras covered 32 pages, paid for 50% of their upgrades upfront, though that was spread across multiple payments.
Investors initiated long-term optimistic stances on the stock by selling put options in order to finance the purchase of call options in the January 2011 contract.
Customers who prefer not to purchase a recurring plan or sign a 2-year contract may instead purchase the device at full Suggested Retail Price (SRP) and utilize Sprint's pay-as-you-go services.
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The largest transaction on the fund today was the purchase of a massive call butterfly spread in the December contract.
After a sharp runup in the early 1990s, shares skidded sideways from 1993 to 1995 amid concerns about Enron's Dabhol power plant in India--which has since shut down--and a disastrous gas-purchase contract in the North Sea.
Meanwhile, another investor implemented a more bullish trade in the September contract today involving the purchase of calls at the 45.0 strike and the sale of calls at the 50.0 strike for a net cost of 1.05.
That, clearly, means that the airtime provider must subsidise that initial purchase and then recover its subsidy over the life of the contract.
The trader sold 100, 000 puts short at the September 9.0 strike price for a premium of 35 cents apiece in order to finance the purchase of 50, 000 puts at the July 12 strike for 84 cents per contract.
Excluding non-cash expenses, COGS increased 4% year over year primarily due to an increase in customer premise equipment sales since the launch of our no contract retail model, which requires customers to purchase rather than lease devices, at the beginning of 2012.
Or, even better, I could turn around and sell an AAPL put, which obligates me to purchase AAPL at the strike price of the contract in the event I get assigned.
In early June Oman signed a contract with Lockheed Martin for the purchase of a C-130 Super Hercules plane, which will join the three C-130Hs that were purchased in the early 1980s.
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Prudskoy will curb his appetites, will postpone the purchase of yet another apartment, and that the contract will be concluded based on the market price and the size of the project.
Such a contract might be used to finance the purchase of goods thus: The faux buyer would promise his bank to buy the goods from it in the event the bank bought them from the seller.
One investor looked to the September contract and shed 4, 500 puts at the September 30 strike price for a premium of 55 cents in order to finance the purchase of 4, 500 calls at the higher September 35 strike at a cost of 45 cents per contract.
Boost Mobile, a leader in the no-contract wireless industry and ranked "Highest in Purchase Experience among Non-Contract Wireless Providers" by J.
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Amgen acknowledges that the best discounts are earned by customers who purchase both Aranesp and Neulasta, but it denies that its contract is coercive.
We also have pointed out, though, that the idea of a national moratorium would impact the recovery in the housing sector, as anybody that wished to enter into a contract or execute a contract to purchase a home that had previously been foreclosed on, that process stops.
He had received a sizable contract from the military (payment guaranteed) and was looking to get financing to fulfill on the purchase order.
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