Countries that actually refer to themselves in some way as social democracies or democratic socialist nations in their respective constitutions include Bangladesh, India, North Korea, Portugal, Sri Lanka and Tanzania.
Second Home. To qualify as a second home, the property typically must be at least 50 miles from the primary residence, and it cannot appear that the real estate is being purchased for rental investment purposes. Investment Property. A property that is not occupied by the owner and is typically utilized for rental income purposes.
Definition. A second mortgage allows you to access the equity in your home, which is the difference between the balance of your original mortgage and the value of your home. For instance, if your home is worth $250,000 and your mortgage balance is $200,000, you have $50,000 in home equity.