Mortgage , ,

The Basics Of A Mortgage

The vast majority of people who are interested in buying a home are not going to be able to pay cash for the home. Even for those who can buy a home in cash, they often would rather take out a loan to avoid pulling money out of their investments where they would have to pay capital gains taxes. Those who take out a loan to buy a home will apply for something called a mortgage. Simply put, a mortgage is a loan that someone uses to buy a home. Mortgages are very specific to the real estate industry; however,…
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