| estate is often considered synonymous with real property (also sometimes called realty), in contrast with personal property (also sometimes called chattel home mortgage direct lender personalty). However, for technical purposes, some people prefer to distinguish real estate, referring to the land and fixtures themselves, from real property. Banks are willing to make such loans at favorable rates in large part because if the borrower does not make payments the lender can foreclose, that is file a court action that lets home mortgage direct lender take the property and sell it to get their money back. But in many developing countries there is no effective means home mortgage direct lender which a lender could foreclose, so the mortgage loan industry as such either does not exist at all or is only available to members of privileged social classes. Cynthia Mertens, law professor at Santa Clara University, contends the Legislature should extend the protection to refinanced loans. But she sees home mortgage direct lender support for such a move and predicts the law ``will stay exactly where it is.'' life estate, at common law is an estate in real property that ends at death. Although it is technically a tenancy (the holder is called a life tenant), home mortgage direct lender is treated the same as a fee simple with respect to the constraints upon its use for the duration of the estate.worth enough to cover the mortgage amount. This is not a full survey so it may not identify all the defects that a house buyer needs to know about. Also, it does not usually form a contract between the surveyor and the home mortgage direct lender so the buyer has no right to sue if the survey fails to detect a major problem. For an extra fee, the surveyor can usually carry out a building survey or a (cheaper) "homebuyers survey" at the same time. Since it ends at death, and the owner of the life estate cannot leave it to his heirs or convey a larger home mortgage direct lender in the land than what the owner actually owns, a |
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