 |
 |
to fill out a simple form to connect to Real Estate Agents in your area.
|
If you have a flair for writing, you may also post an article by clicking on Post Article. We will review your article and publish it if we find the contents relevant to this website. The article should be penned by you. It should not have been copied from any other site.
|
|
|
|
MortgagePosted on:3/29/2006
| A mortgage is a method of using property as security for the payment of a debt. |
Technically the term mortgage (from Law French, lit. "dead pledge") refers to the legal device used in securing the property, but it is also commonly used to refer to the debt secured by the mortgage.
In most jurisdictions mortgages are strongly associated with loans secured on real estate rather than other property (such as ships) and in some cases only land may be mortgaged. Arranging a mortgage is seen as the standard method by which individuals or businesses can purchase residential or commercial real estate without the need to pay the full value immediately.
In many countries it is normal for home purchase to be funded by a mortgage. In countries where the demand for home ownership is highest, strong domestic markets have developed; notably in Great Britain, Spain & USA.
All text is available under the terms of the GNU Free Documentation License (see Copyrights for details).
Real Estate Agents
Show All articles
|
| |
to fill out a simple form to connect to Real Estate Agents in your area.
|
|