Page 186 - DMGT515_PERSONAL_FINANCIAL_PLANNING
P. 186

Unit 10: Retirement Planning-II




               Gas stations                                                                     Notes
               Golf courses
               Malls

               Retail (anchored, single tenant, unanchored)
               Mobile home arks
               Movie theaters
               Resort

               Restaurants
               Hotels
               Motels
               Hospitals

               Medical clinics
               Medical offices
               Nursing homes
               Rehabilitation facilities

               Skilled nursing facility
               Special purpose property
               Child care centers
               Independent living facilities

               Mixed use properties
               Single family
               Offices (multi-tenant, single tenant)
               Warehouse

               Industrial parks
               Industrial buildings
               Land developments
               Mini warehouses

               Office buildings
               Outlet centers
               Educational institutions
               Training institutions
          The following types of rates are prevalent in the Indian mortgage market:

               Fixed Mortgage Rate: In this case the rate of interest remains fixed throughout the loan
               term. The mortgage rates do not vary according to market conditions. In other words, the
               rate of interest is pre-fixed during the process of borrowing and it generally varies between
               12.5% and 25%.




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