Wendy Santos February 27, 2020 Promissory Note
3: Purchasing in a promissory note is low-risk investing-just a bank CD. Myth Buster: Each investment a certain of risk. As a result of the causes mentioned in 2 , notes a greater risk factor. To the investor for this additional risk, their are higher compared to safer investments. This could be the"Risk-Return Trade-Off".
number 4: Doing a foreclosure to get on a defaulted promissory note is , easy, and inexpensive. Myth Buster: are always considerable cash costs and expenses regarding the foreclosure and repossession of home.
You'll find at least 15 meanings to"value": Fair Value, Fair Market Value, Market Value, Book Value, Cost Value, Discounted Cash Flow Value, Quick Sale Value, Liquidation Value, Speculative Value, Intrinsic Value, Investment Value, Personal Value/Owner's Value, Insider/Family Value, Wholesale , and Retail Value.
Today's more complex promissory notes contain far more. have a governing law provision. Many have an occupancy clause whereby the repayment speed up ( that the whole amount may become due) the event of a certain incident, normally the maker misses a charge card.
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