Glossary entry (derived from question below)
English term or phrase:
cash-out for property
Croatian translation:
unovcenje dio vrijednosti nekretnine
Added to glossary by
Vladimir Mavar (X)
Jun 27, 2006 23:58
17 yrs ago
4 viewers *
English term
Business, Law, Military, Clinical Trials
Native in: Croatian 
, English (Variant: US)
Works in: English to Croatian, Serbian to English, Serbo-Croat to English, and 4 more.
cash-out for property
English to Croatian
Bus/Financial
Real Estate
Cash-out refinancing definition:
1. A refinance transaction in which the borrower receives cash in excess of existing mortgages and certain financing costs.
2. The process of taking out of a new mortgage at an amount that exceeds the existing balance on the current mortgage in order to refinance the original mortgage and receive additional cash for other use.
1. A refinance transaction in which the borrower receives cash in excess of existing mortgages and certain financing costs.
2. The process of taking out of a new mortgage at an amount that exceeds the existing balance on the current mortgage in order to refinance the original mortgage and receive additional cash for other use.
Proposed translations
(Croatian)
| 5 +1 | unovcenje dio vrijednosti nekretnine |
Vladimir Mavar (X)
|
Proposed translations
+1
28 mins
Selected
unovcenje dio vrijednosti nekretnine
Nanovo financirati kucu znaci vise puta da se moraju platiti troskovi ponovnog vrijednovanja nekretnine, kao i tranzakcijski troskovi. Federal Housing Authority dozvoljava ovakva financiranja u onim nekretninama koja su u necijem vlasnistvu vise od jedne godine i koja su ogranicena na 85% nove vrijednosti kojoj se moraju dodati dozvoljeni tranzakcijski troskovi. Svota primljena iz novog zajma veca je od duga sa starog zajma (hipoteke), dakle, posudjivac moze ostatak potrositi kako god zeli.
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Comment: "Hvala na pomoći."
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