cancelar una hipoteca
cancel a mortgage
The Spanish phrase 'cancelar una hipoteca' translates to 'cancel a mortgage' in English. This phrase is used in financial and real estate contexts where a person or entity completely pays off the outstanding balance on their mortgage loan, thereby nullifying the lender's claim to the property. The completion of this payment results in the cancellation, or 'cancelación', of the mortgage, or 'hipoteca'.
Example sentences using: cancelar una hipoteca
Decidí cancelar una hipoteca porque las tasas de interés habían subido.
I decided to cancel a mortgage because interest rates had risen.
This phrase illustrates a scenario where a person makes the decision to cancel their mortgage due to changing financial conditions.
Alquiler es una alternativa si no puedes cancelar una hipoteca.
Renting is an alternative if you cannot cancel a mortgage.
Here, the phrase highlights renting as a possible option if one is unable to cancel their mortgage, suggesting a financial decision-making process.
Es importante entender las consecuencias de cancelar una hipoteca antes de tomar una decisión.
It is important to understand the consequences of canceling a mortgage before making a decision.
This example emphasizes the importance of being aware of the implications of canceling a mortgage, which can affect financial stability.