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Loans

IRR

It is used to evaluate the profitability of potential investments and is expressed as a percentage.

Understanding finance terms is crucial for making informed investment decisions. One such term is the Internal Rate of Return or IRR. It measures the cost of capital and the potential earnings from a loan. This percentage helps evaluate the profitability of investments. In simpler terms, IRR tells us whether an investment is worth it or not. So, always keep an eye on the IRR when considering investment opportunities.

Estimation

In finance, it is crucial to accurately determine the value of an asset, particularly if it is a pre-existing property. This process is known as estimation, or valuation. As...

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Title

Ownership refers to the legal right and interest one holds over a property. This right is typically evidenced through a document, such as a title deed, which serves as proof...

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Sale Agreement

A sale agreement is a legally binding contract between parties that outlines the terms for dealing with a property. It grants the right to obtain a sale deed which specifies...

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Administrative Fee

Let's discuss the concept of administrative fees in the realm of housing finance. These fees are charged by the housing finance firm to cover their operational expenses. The...

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