Note buying is particularly prevalent in real estate. Suppose a seller sells his home and requires a certain amount of down payment and for your rest of the quantity he accepts per month funds till the time the owing sum is paid off.
Have the situation of the house which can be accessible available for sale to get a price of $100,000 and for which the seller accepts a down payment of $25,000. For that relaxation, he agrees to just accept a monthly installment of a specific fastened volume in
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