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That's because mortgages are secured by real property that can be foreclosed upon in the case of a default. You cannot foreclose on a business.
by tacostakohashi 5y ago
That's because mortgages are secured by real property that can be foreclosed upon in the case of a default.
You cannot foreclose on a business.
- jimmyvalmer 5y agoPutting OP's "small side project" aside, anything, including houses, that can sell for close to half a million USD is going to involve lawyers who will ensure the seller is made whole.