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Q&A: For mortgage loans, to esure the value of the property and monthly repayment is important.?
Posted on November 30th, 2011 No comments
Question by Eddy T: For mortgage loans, to esure the value of the property and monthly repayment is important.?
stable property overvalue ensure demand for it. Prompt repayments of monthly instalments by mortgagors also enhance the property value and demand. Banks can also create new loans to house buyers. And preventing a bubble in the housing market.Why is it important to ensure that the property value and loan repayment is promptly paid?
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Answer by Marjie W
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