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Loans

Estimation

In finance, it is crucial to accurately determine the value of an asset, particularly if it is a pre-existing property. This process is known as estimation, or valuation. As a knowledgeable professor, it is important to understand the various methods and factors involved in this fundamental aspect of finance. Let us delve deeper into the nuances of asset valuation, and how it impacts the financial landscape.

Obligation of the borrower

As a financial professional, it is vital to understand the concept of borrower obligations in an agreement. These obligations include maintaining a repayment schedule, regul...

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Clear title

Allow me to introduce to you the concept of "clear title". This term refers to a title that is unquestionably free from any doubts or legal issues. When a property has a cle...

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Flexible installment

When determining the installment amount, it is crucial to consider a changeable benchmark. This benchmark serves as a reference point for evaluating the success of an investm...

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Marketable title

A marketable title is one that is free from any legal defects and can be easily transferred to another individual. This means that the person holding the title has the legal...

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