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Spanish to English translations [PRO]
Bus/Financial - Finance (general) / mortgages | | Spanish term or phrase: en tanto que ....... con cargo a | Talking about mortgages in Spain:
Especialmente en el caso de que la vivienda vendida esté hipotecada, puede ser útil la subrogación. En estos casos, el vendedor verá disminuido el precio en el importe de la parte del préstamo hipotecario que esté pendiente de amortizar o devolver, en tanto que el comprador puede financiarse con cargo a esa misma hipoteca. Hay que tener en cuenta que en el caso de que se trate de una hipoteca que se encuentre en fase de ejecución judicial, es imprescindible extremar las cautelas por parte del comprador, siendo preferible exigir la liberación previa de la finca.
Does this mean" unless the buyer takes over the existing mortgage"??
thanks
xx |
| | | as long as... | Explanation:
I may be totally wrong, but I think it means as long as the buyer can take over the existing mortgage, then, obviously, the seller will get the price of the property less the outstanding mortgage. Unless doesn't make any sense to me... |
| Selected response from:
  Nikki Graham
United Kingdom
Local time: 03:08
| Grading comment Thanks everyone
xx
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