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Does having an overdraft affect getting a mortgage?

An overdraft is a facility that allows you to withdraw money from your account even if you don’t have enough funds to cover the transaction. This can be helpful in an emergency, but it’s important to remember that overdrafts are a form of borrowing, and they can come with fees and interest charges. If you’re … Read more

What does it mean to backstop a loan?

When a company or individual borrows money from a lending institution, they are typically required to provide some sort of collateral to secure the loan. This collateral can be in the form of assets such as real estate or stocks, or it can be a personal guarantee from the borrower. If the borrower is unable … Read more

Top 30 Must-Know Real Estate Statistics for 2023: Stay informed and ahead of the game!

Are you interested in real estate market trends and statistics? Do you want to know what the real estate sales statistics by state are? Do you want to stay on top of the latest real estate market analysis and trends? If you answered yes to any of these questions, then you have come to the … Read more