A mortgage is the transfer of an interest in a particular piece of real estate with the intention of securing payment for loans made or to be made, payments on current or future debts, or the fulfillment of contracts that could result in financial obligations. The Transfer of Property Act, …
Read More »
To buy assets, cover working capital requirements, control cash flow, or grow the company, businesses require sizable capital reserves for seamless operations. Longer sales cycles or low cash reserves, however, may strain your finances. And you wind up trying to find another way to make money. In this case, lease …
Read More »
What Is a Traditional Loan or Mortgage? A loan obtained by a homebuyer from a private lender is known as a conventional mortgage. A higher credit score is typically required to qualify for a conventional loan as opposed to one from the Federal Housing Administration (FHA).1. A government agency does …
Read More »
Select examines what your monthly payments truly cover and breaks down the mortgage application process. When buying a home, a consumer takes out a mortgage, which they then agree to pay back over a certain period of time in tiny, equal monthly installments. Although it can be confusing if you’re …
Read More »
Under a usufructuary mortgage, the borrower retains title of the property but gives the lender possession and usage rights. During the mortgage time, the lender, also referred to as the mortgagee, is allowed to keep the revenue or produce produced by the property. A particular kind of mortgage that falls …
Read More »