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estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. Real estate is often considered synonymous with real property (also sometimes called realty), in contrast debt loan reduction secured personal property (also sometimes called chattel or personalty). However, for technical purposes, some people prefer to distinguish real estate, referring to the land debt loan reduction secured 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 them take the property and sell it to get their money back. But in many developing countries there is debt loan reduction secured effective mountain debt loan reduction secured
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