When the buyer decides to buy a property, both seller and the buyer enter a contract that decides the final sales price and the down payment. The contract has nothing to do if the property fails in home appraisal or the inspection done later and reveals any problems in future. The contract proves the seller …
Repayment The act of paying back the borrowed money to the lender is known as Repayment. Repayment is usually done in the form of periodic payments and each payment goes in favor of principal plus interest. Default in the repayments of the loan during the tenure due to any reason can cause an adverse effect …