👉 In the context of real estate, a bond is typically used to describe a group of individuals or entities who are collectively responsible for financing the purchase or construction of residential property. The bond can be structured in various ways, such as a mortgage loan, a home equity line of credit (HELOC), or a construction loan. Bonds are often secured by real estate assets, such as a house or land, which provide an additional layer of security and protection for the borrower. In some cases, the
