Real Estate is a legal term that refers to land and anything that is fixed, immovable or permanently attached to it such as buildings, appurtenances, fences, fixtures, roads, shrubs, trees (not growing crops), sewers, structures, utility systems, walls etc as well as inherent natural assets such as water, air on it. It is also called real property or reality. When a person acquires real estate, he or she also acquires a set of rights, including possession, control and transfer rights on it.
Purchasing real estate is not just merely finding a place to call home or to be used as a primary residence but it can also be used a means of generating income through rental or lease and profits through price appreciation. Investing in real estate has become largely popular in the recent years and has become an investment vehicle.
In most countries, one of the sources of capital for purchasing or improving land and buildings is mortgage loan. It is the amount borrowed to be repaid in installments with interest calculated through simulation pret for the purchase of real estate evidenced by a document called pret immobilier within a stipulated period. The real estate itself serves as a security for the loan.
2 comments:
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Real estate investment I think is the right business to earn more money because if you have great strategy you can earn more, you can acquire properties at least price and sell them at higher price.
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