Tag: assumption

July 19, 2010

IMPORTANT CLAUSES IN FINANCIAL INSTRUMENTS

A. ACCELLERATION CLAUSE: Means exactly what it says; speed up! If a borrower does not do something the loan requires, or alienates him or herself from a property (sells it and no longer has any interest in the property, he or she is now alien to the title) the lender …Read the Rest

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    September 2010
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