Page 173 - The-Mortgage-Maximiser-Method-by-Thomas-Ilinkovski
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Title deed: ůĞŐĂů ĚĞĞĚ Žƌ ĚŽĐƵŵĞŶƚ ĐŽŶƐƟƚƵƟŶŐ ĞǀŝĚĞŶĐĞ ŽĨ Ă ƌŝŐŚƚ ƚŽ
ŽǁŶĞƌƐŚŝƉ ŽĨ Ă ƉƌŽƉĞƌƚLJ͘
Title fees: Fees payable to the StĂƚĞ͛Ɛ dŝƚůĞƐ KĸĐĞ ĨŽƌ ƟƚůĞ ƐĞĂƌĐŚ͕ ƚƌĂŶƐĨĞƌ Žƌ
ƉƌŽƉĞƌƚLJ ŽǁŶĞƌƐŚŝƉ͕ ƌĞŐŝƐƚƌĂƟŽŶ ŽĨ ƚŚĞ ŶĞǁ ŵŽƌƚŐĂŐĞ ĂŶĚ ĚŝƐĐŚĂƌŐĞ ŽĨ ƚŚĞ ŽůĚ
one.
Transfer: ĚŽĐƵŵĞŶƚ ĐŽŶĮƌŵŝŶŐ ƚŚĞ ĐŚĂŶŐĞ ŽĨ ŽǁŶĞƌƐŚŝƉ ŽĨ Ă ƉƌŽƉĞƌƚLJ͕
ƌĞŐŝƐƚĞƌĞĚ ǁŝƚŚ ƚŚĞ dŝƚůĞƐ KĸĐĞ͘
U
Unencumbered: ƉƌŽƉĞƌƚLJ ĨƌĞĞ ŽĨ ůŝĂďŝůŝƟĞƐ͕ ĞŶĐƵŵďƌĂŶĐĞƐ Žƌ ƌĞƐƚƌŝĐƟŽŶƐ͘
V
sĂůƵĂƟŽŶ͗ The value of a property as per a professional appraisal and report.
Variable rate: A rate that ǁŝůů ŇƵĐƚƵĂƚĞ ƵƉ Žƌ ĚŽǁŶ ĚĞƉĞŶĚŝŶŐ ŽŶ ŵĂƌŬĞƚ ŝŶƚĞƌĞƐƚ
rates.
sĂƌŝĂƟŽŶ͗ ĐŚĂŶŐĞ ƚŽ ƚŚĞ ůŽĂŶ ĐŽŶƚƌĂĐƚ͕ ŝŶĐůƵĚŝŶŐ͖ ŝŶƚĞƌĞƐƚ ƌĂƚĞ͕ ůŽĂŶ ĂŵŽƵŶƚ͕
loan term or currency.
Z
ŽŶŝŶŐ͗ ^ƚĂƚƵƚŽƌLJ ĚĞƐĐƌŝƉƟŽŶƐ ŽĨ ƚŚĞ ĂůůŽǁĂďůĞ ƵƐĞƐ ŽĨ ůĂŶĚ ĂƐ ƐĞƚ ŽƵƚ ďLJ
ůŽĐĂů ĐŽƵŶĐŝůƐ Žƌ ƉůĂŶŶŝŶŐ ĂƵƚŚŽƌŝƟĞƐ͘
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