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Since acquiring or purchasing a property for commercial use requires significant sums of money, borrowings are crucial to the real estate industry. Even if there is enough money on hand to buy a house outright, most people prefer to borrow since the extra cash may be put to other uses. Borrowers always consider the cost of a loan since it will determine whether they will be approved for one or not. And in cases of commercial real estate, it is much more crucial. Therefore, before applying for a ...
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