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What Is A Time Period Mortgage, And How Can You Safe One?
For instance, let’s say you utilize a term loan to purchase a used car to ship merchandise. If the mortgage time period is for eight years and the automotive solely lasts six, you’ll be paying off a mortgage for something that no longer produces financial value. This idea is known as being upside down.What Is A Time Period Mortgage, And How Can You Safe One?
For instance, let’s say you utilize a term loan to purchase a used car to ship merchandise. If the mortgage time period is for eight years and the automotive solely lasts six, you’ll be paying off a mortgage for something that no longer produces financial value. This idea is known as being upside down.
