Residential Land for sale in Nsambwe Mukono Uganda, code: 140021
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Residential Land
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Titled plots for sale in Nsambwe, Mukono municipality. beautiful organized estate, good roads, ready water and electricity available.
FREE transfer, FREE inspection visits.
50x100ft - 30m
Call/WhatsApp us on 0703 418050
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30 RELATED PROPERTIES
(Related by price or location or district or status or type) |
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A HOME LOAN OR A MORTGAGE, WHAT’S THE DIFFERENCE?
When it comes to financing a new home, you may have encountered the terms "home loan" and "mortgage." Although they are often used interchangeably, there are subtle differences between the two. Understanding these distinctions is crucial for anyone considering homeownership or seeking financial assistance to purchase a property. In this blog post, we will delve into the dissimilarities between a home loan and a mortgage, helping you make an informed decision.
What is a Home Loan?
A home loan, also known as a housing loan or a property loan, is a broad term that refers to the borrowing of funds from a financial institution to purchase a residential property. The lender, typically a bank or a mortgage lender, provides the borrower with the necessary funds to acquire a home, which is then repaid over a specified period of time. Home loans can be obtained for various types of residential properties, including houses, apartments, or condominiums.
Key Features of a Home Loan:
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WHAT EXACTLY IS AFFORDABLE HOUSING?
In a world where housing costs are rising exponentially, the concept of "affordable housing" has emerged as a crucial term, particularly in urban centers. The lack of affordable housing has become a pressing issue, impacting individuals and families across various socio-economic backgrounds. In this blog, we will delve into the meaning of affordable housing, its significance, and the implications it holds for creating inclusive communities.
Defining Affordable Housing
Affordable housing refers to housing options that are reasonably priced, allowing individuals or families with modest incomes to afford decent shelter without compromising their basic needs. The primary aim of affordable housing is to ensure that housing costs do not exceed a certain percentage of a household's income, typically around 30% or less. This affordability threshold is essential as it enables residents to have sufficient financial resources for other necessities like education, healthcare, and savings.
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