owner-occupant

owner-occupant

An owner of real property who also uses that property for his or her own business purposes.The truism is that owner-occupants will pay a higher price for real property than investors, because owner-occupants have limited choices for an ideal location, while investors may place their money anywhere. Contrast with an investor, who owns property in order to derive rental income from it.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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The Supplier Award for Environmental Leadership was given to Flexo Concepts, a TLMI supplier member who, over the past year, collaborated with the owner-occupant of its building to install a photovoltaic system on the roof.
Home Mortgage Disclosure Act (HMDA) origination data for 2016 shows mortgages of more than $500,000 accounted for 3.5% of the number of owner-occupant, single-family mortgages, and 14.7% of their value.
Turner's 2012 Green Building Market Barometer reflects input from 718 executives representing a cross section of companies: architecture (49 percent), construction (19 percent), real estate consulting (11 percent), corporate owner-occupant (9 percent), developer (9 percent), engineering (9 percent), real estate owners (7 percent), corporate tenant (3 percent), and broker/real estate service provider (2 percent).
We estimate that, in the absence of home equity problems and underwriting changes, roughly 2.3 million first-lien owner-occupant refinance loans would have been made during 2010 on top of the 4.5 million such loans that were actually originated.
To move that bulging inventory, both companies have begun time-limited sales campaigns with significant incentives for new owner-occupant purchasers -- no investors allowed -- and even extra cash for the real estate agents who bring buyers to the table.
This pilot program required a judicially supervised "conciliation conference" between the owner-occupant of residential property and the lender or mortgage servicer before the property was eligible for a sheriff sale.
Whether a tenant or owner-occupant, an expanding business must consider whether growth in place is possible as well as whether additional space is available.
But this house, at 2747 Central Blvd., has yet another distinction: It appears to be the only house in the vicinity in more than 25 years to be built "on speculation," instead of commissioned by a future owner-occupant.
New buildings are not approved over known underground mines except when the owner-occupant agrees in writing that they will hold the County and its employees harmless, and will accept all responsibility for any events growing out of this requested approval is development approved.
The Senior Freeze provides seniors with additional savings if the combined income of all members of the household is less than $65,000, and if the senior has been an owner-occupant of the property since Jan.
When considering potential stabilization of the housing market, it is important to divide the market into two segments: 1) owner-occupant (FHA-financeable) and 2) investor (cash-only) properties.
Of the some 32 owner-occupant households comprised of approximately 80 persons, more than 75 percent have low or moderate incomes."