Answer:
Today, the legal system of the country allows the consolidation of property rights through the annotation of said rights in public registration systems, through which the government learns who is the owner of a certain property.
In this way, when buying a house and registering it in the name of the acquirer, he can subscribe a mortgage credit putting his property as collateral, with which in case of default the debt on the property value will be executed. Thus, the system allows a person to acquire a home using a mortgage loan, which pays the value of the property and on which fees will have to be paid that will include an interest charged by the bank. In this way, a person can purchase a home without paying the cash price for it.
