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"modificación" in real estate

"modificación" in real estate

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There is a daily real estate program on a local Spanish station that keeps talking about "modificación". What does that mean in the context of real estate?

1326 views
updated Jan 13, 2012
posted by mstivers

1 Answer

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Home alteration perhaps? smile

or do they talk about 'hacer una modificación de prestamos' - to change your loan type or something like that?

updated Jan 13, 2012
posted by Kiwi-Girl
Hi, MC! I'm sure it's the banking sector scam of loan modifications, which in most cases is disasterous for the poor home owner/buyer - 005faa61, Jan 12, 2012