GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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04:40 Apr 30, 2018 |
English to Persian (Farsi) translations [PRO] Real Estate / equity take-out | |||||||
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| Selected response from: Ahmad Kabiri Iran Local time: 21:19 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +3 | نقدینهسازی ارزش ملک |
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5 | اخذ وام مسکن |
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5 -1 | ی وام و برداشت خانگی منصفانه |
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ی وام و برداشت خانگی منصفانه Explanation: New equity take out mortgage If your house is currently free and clear (meaning there are no mortgages on it) then you will need to create a new mortgage. All of the same guidelines must be followed, the only difference being that instead of the lender will not be paying off a previous mortgage. Instead, they will pay the money directly to you. http://www.moneytime.ca/equity-take-out/ |
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اخذ وام مسکن Explanation: با توجه به تعریف زیر: An equity take out mortgage is a mortgage loan used to “take out” equity for other purposes. It may be used for repairs or renovations of the property, to use as a down payment for a vacation property, for investment in another area, or many other purposes. mortgage loan= وام مسکن |
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نقدینهسازی ارزش ملک Explanation: In my view, we must distinguish between mortgage loan and this term. |
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