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The family has settled on a semi-rural property at Margate, the likes of which in the UK would be. I went from one acre (there) to 30 acres here without a large difference in the mortgage," she.
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A mortgage, or mortgage loan, is a legal agreement where a lender offers money to a borrower to purchase real estate in exchange for interest. The loan is secured by the real estate, so if the borrower fails to repay (defaults) the lender can foreclose, selling the property to pay off the loan. Related Topics: