Guide to Finance

eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
Business & Money
Technology
Women
Health
Education
Family
Travel
Cars
Entertainment
SD Editorials
Online Guide and article directory site.
Foodeditorials.com
Over 15,000 recipes & editorials on food.
Lyricadvisor.com
Get 100,000 Lyric & Albums.
  • Business & Money
    • A Guide to Business
    • Guide to Finance
    • Ideas for Marketing
    • Legal Guide
    • Guide to Insurance
    • Lettre De Motivation
    • Guide to the Stock Market
    • Human Resource Career
    • Sales Marketing
    • Forex & Trading
    • Advertising & Marketing
    • Startup Guide
  • Technology
    • Guide to Technology
    • Cell Phones
    • Computer Software
    • IT Hardwares
    • Internet
    • Online Security
    • Cameras
    • Search Engine Optimization
    • Science & Technology
  • Women
    • Guide to Women
    • Relationship Advice
    • Marriage
    • Jewelry
    • Pregnancy
    • Fashion Style
    • Divorce Guide
    • Wedding Guide
    • Dating Guide
    • Natural Beauty
  • Health
    • Guide to Health
    • Guide to Medical
    • Plastic Surgery
    • Weight Loss
    • Sports
    • Body Wellness
    • Cancer Treatment
    • Common Illness
    • Health & Lifestyle
  • Education
    • Military Service
    • Politics and Policy
    • Arts & Humanities
    • Education and Teaching
    • Learn Languages
    • Colleges & Universities
  • Family
    • Quality Home Improvement
    • Hobbies and Interests
    • Family Guide to
    • Pet Guide
    • Loans Guide
    • Credit Cards
    • Gardening Guide
    • Home Security
    • Real Estate
    • Home Decor
    • Gift & Present
  • Travel
    • The Travel Guide
    • Adventure Travel
    • Cruise Ships
    • Beach Holiday
    • Travel Accommodation
    • Holiday Destinations
  • Cars
    • Information on Cars
    • Traffic Violations
    • Auto Insurance
    • Trailers
    • Sport Cars
    • The Bikes
  • Entertainment
    • Entertainment Guide
    • World Music
    • Photo & Video
    • Television & Games

Back To Basics Home

    View: 
It is a transfer of an interest in land, from the owner to the mortgage lender, on the condition that this interest will be returned to the owner of the real estate when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.



The term comes from the Old French "dead pledge," apparently meaning that the pledge ends (dies) either when the obligation is fulfilled or the property is taken through foreclosure.

In most jurisdictions mortgages are strongly associated with loans secured on real estate rather than other property (such as ships) and in some jurisdictions only land may be mortgaged. Arranging a mortgage is seen as the standard method by which individuals and businesses can purchase residential and commercial real estate without the need to pay the full value immediately. See mortgage loan for residential mortgage lending, and commercial mortgage for lending against commercial property.

The measurement of a mortgage with regards to cost to the borrower can be measured by Annual Percentage Rate (APR) or many other formulas for true cost such as Lender Police Effective Annual Rate.

A home buyer or builder can obtain financing (a loan) either to purchase or secure against the property from a financial institution, such as a bank, either directly or indirectly through intermediaries.

Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably.

A commercial mortgage is similar to a residential mortgage, except the collateral is a commercial building or other business real estate, not residential property.

In addition, commercial mortgages are typically taken on by businesses instead of individual borrowers. The borrower may be a partnership, incorporated business, or limited company, so assessment of the creditworthiness of the business can be more complicated than is the case with residential mortgages.

Some commercial mortgages are nonrecourse, that is, that in the event of default in repayment, the creditor can only seize the collateral, but has no further claim against the borrower for any remaining deficiency.

The general reason for this is twofold: many laws significantly prevent the creditor from going after the borrower for any deficiency, and mortgages structured for sale as bonds give a higher priority to constantly receiving some sort of income and therefore require a clause which allows the lender to take the property immediately, regardless of bankruptcy proceedings that the borrower might be going through.

Frequently, the mortgage is supplemented by a general obligation of the borrower or a personal guarantee from the owner(s), which makes the debt payable in full even if foreclosure on the mortgaged collateral does not satisfy the outstanding balance.
Back To Basics Home
Parents, do your children know about strangers? Are you comfortable letting your children answer the telephone or front door if you are home or if they are home alone? Take a minute to go over the following safety tips with your children. They could prevent your child from becoming a victim of crime.

It is important that you give them examples that they will understand. Use your home, neighborhood, and school area as settings. Make sure that your children understand that their safety is important to you, and use the following points to encourage discussion about this issue.

A stranger is someone that your child does not know very well. Parents and guardians need to determine who is and isn't a stranger. Explain that strangers come in many shapes and sizes. They can wear nice clothes, different clothes or even a uniform. The uniform issue is confusing to children, so take time to explain that yes, the mailman is a stranger even though he comes to the door almost every day. This does not imply that people who wear uniforms will harm children, but children need to know that if they do not know the person in uniform, that person is a stranger.

Protection comes even at home in a variety of ways. Here are a few tips to jhelp around the home with stranger danger:

Safety At Home

Never open the door to a stranger. If a stranger knocks on the door or rings the doorbell, tell your child to look out the peep hole or call out. "who's there?" If it's for you, your child should tell the visitor to wait, and leave the door locked until you are available. If you are not home, your child should tell the visitor that you are busy and to please come back later. Your child can take a message, but he or she should NEVER open the door. If the visitor won't go away, and your child is scared, tell him/her to call 9-1-1.

Safety In Answering The Telephone

When answering the telephone, your child should not give out any information. If the caller asks, "who's this?", instruct your child to ask who the caller is and whom he or she called. If you child is alone, he or she should never tell anyone that he or she is alone. Instruct your child to tell the caller the person can't come to the telephone and that he or she will write down a message. If your child feels uncomfortable or gets scared by anything the caller says, tell him/her to hand up and make sure he or she tells you about any and all telephone calls. If you have an answering machine, let it answer the telephone if your child is home alone.

Safety Outside

Always walk with a friend, there is safety in numbers. Strangers usually pick on kids that are by themselves. If you think that you are in danger, or if you are being followed, yell and run into the nearest store, house or back to school. Tell an adult what happened. Have your Mom or Dad or both of them walk your school route with you to make sure that it is completely safe. Always stick to the same, safe route going to and from school. Don't take shortcuts and never hitchhike. When at public places, parks markets, shopping malls, etc., always have your parents or guardian accompany you when you need to use the restroom.
More Articles from
What Is Investment Banking
Bank Of Montreal Online Banking
Banking In Hong Kong
Bed And Breakfast In Costa Rica
Bonus For Opening Account
Cap One Online Banking
Fat Cat For Sale
Financial Institutions And Banking
First Merchants Online Banking
How To Bank Online
List Of Swiss Banks
Lloyds Tsb Offshore Banking
Multi Currency Bank Account
Offshore Swiss Bank Account
Rapidshare Account For Free
Uk Current Account Deficit
Where To Go Abroad
Offshore Banking: New Strategies for a New Century
Offshore Banking Tips & Traps
Northern Rock - How A Problem Became a Disaster
Northern Rock - Could It Happen Again ?
» More on
What Is Investment Banking
  • Related Articles
  • Author
  • Most Popular
•Back To Basics Appliance, by Sean W Russell
•Back To Basics Appliances, by Webstarters
•Back To Basics Christina, by Amy Tiemann
•Back To Basics Coffee, by Gibson Maseko
•Back To Basics Conditioner, by Paul Roberts
About Author
Both Tarun Jaswani & Joyce Jackson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Tarun Jaswani has sinced written about articles on various topics from Investing and Trading, Acai Berries and Banking. Get Use . Tarun Jaswani's top article generates over 74000 views. to your Favourites.

Joyce Jackson has sinced written about articles on various topics from Banking, Children and SEO Search Engine Optimization. Joyce Jackson is a child safety expert and administrator for Keeping Kids Saf. For tips and more information see .. Joyce Jackson's top article generates over 14800 views. to your Favourites.
Ad Ware Removal Software
Stay free and get those uninvited guests away from your computer. You can simply browse some websites that offers product information about free ad-ware removal programs
 
A Guide to Business | Guide to Technology | Guide to Women | Guide to Health | Family Guide to | Travel & Vacations | Information on Cars

EditorialToday Guide to Finance has 5 sub sections. Such as Introduction to Accounting, Payroll Information, Loan Guide, Tax Matters and Introduction to Finance. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors | Financial Terminology » A - E » F - L » » S - Z