from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb transitive To
from Wiktionary, Creative Commons Attribution/Share-Alike License
If you decide to overfinance, you must always explain both the benefits and the risks to the seller, make sure that he understands the implications, and ask him to sign an affidavit agreeing to the overfinance.
You should only overfinance a property if you have an absolute profit-maker in which to invest the leftover funds.
One way to persuade him to agree to the overfinance is to offer him security on both his property and on another piece of property you own.
The higher the overfinance, the more acute the problem becomes.
Let’s take a look at one of them, called the “overfinance” technique.