Exam (elaborations)
Principles of Real Estate Exam 3 Questions With Correct Answers
- Course
- Institution
Mortgage Debt - Answer A loan secured by a lien on real property Why mortgages are the best debt - Answer Secured by the place where the borrower lives, so more secure (lower interest rates due to lower default risk), longer loan terms, all of which leads to lower payments. Also, tax favored (de...
[Show more]