firmar una hipoteca
sign a mortgage
The term 'firmar una hipoteca' is a Spanish phrase that translates to 'sign a mortgage' in English. It refers to the act of putting your signature on a legally binding document where you agree to pay back a loan, typically to a bank, given to purchase a particular property, commonly a house. The mortgage acts as a security for the loan. If you fail to pay back, the lender has the right to take the property. It is very crucial to fully understand the terms and conditions before you 'firmar una hipoteca'.
Example sentences using: firmar una hipoteca
Antes de comprar la casa, decidimos firmar una hipoteca en el banco.
Before buying the house, we decided to sign a mortgage at the bank.
This phrase illustrates a situation where someone is securing a mortgage to finance the purchase of a house, highlighting the step required before finalizing the home acquisition.
Mi amigo tuvo que firmar una hipoteca para poder adquirir su nuevo departamento.
My friend had to sign a mortgage to be able to acquire his new apartment.
Here, the phrase indicates that the individual needed to commit to a mortgage agreement as part of the process of obtaining a new living space, emphasizing the importance of financial arrangements in property purchases.
Antes de firmar una hipoteca, es recomendable comparar diferentes ofertas del mercado.
Before signing a mortgage, it is advisable to compare different offers in the market.
This statement suggests the importance of evaluating various mortgage options before making a commitment, which is crucial for making an informed financial decision in real estate transactions.