What is a mortgage? Source: news-house.ru essence of a mortgage is a loan to purchase real estate. If you receive this loan the borrower agrees to repay the loan on time, and ensure this commitment is mortgage borrower. With the help of a mortgage acquired various properties – cars, boats, and not just housing. Feature of a mortgage is that the borrower gets the ownership of real estate since Since its acquisition. The Russians used mainly one type of mortgage – buying an apartment on credit.
Bail is usually given to newly purchased homes. Different banks have different conditions of the loan for an apartment. In Russia has a special mortgage legislation governing mortgage. To arrange a mortgage is necessary to collect many documents to pass a credit committee to find suitable accommodation, to evaluate it, insurance and, finally, the mortgage contract. This will help you a mortgage broker or real estate agency. Terms of the loan to buy an apartment determines the bank that issued it. You can repay the loan in cash and non-cash form, usually on the days set by the bank. Many banks are allowed to repay the loan ahead of schedule.
Advantages and disadvantages of the mortgage. The main benefit of the mortgage – the opportunity to immediately live in an apartment or house that were taken on credit. There is no need for years to save money on their own housing. Also, apartment immediately becomes the property of the borrower, and he can register himself and his family members. An important benefit is the insurance of various risks, such as the risk of damage to the apartment, taken out a mortgage. Mortgage available for long term, in connection with the payments on it not a heavy burden on borrower. In addition, the borrower is given a property tax deduction, and for some people the service of social mortgage. But we must not forget the fact that there are certain mortgages disadvantages. First of all, this is a significant "overpayment" for the apartment, which consists of interest on the loan and pay an annual mandatory insurance. Second, the borrower pays a lot of additional expenses: services notary public, various fees, etc. And finally, a significant drawback is the wide variety of requirements for the borrower. To obtain a loan to buy an apartment, you must have Russian citizenship, registration, work experience, etc. Currently, anyone can choose a bank with the most favorable mortgage program and improve their living conditions. Source: forum.news-house.ru
Moreover the cost per square meter of housing grew annually by 10-12%. And by October 2008 average price per square meter on the secondary real estate market has reached 54 793 rubles. Pyatigorsk and 45 417 rubles. and 41 406 rubles. in Yessentuki and Mineral Waters respectively. However, the fall of 2008 shook the country and the world economic crisis.
And so it began with the collapse of the real estate market in the U.S., first crisis hit the sector of residential and commercial real estate in each region of the country. AND by December, apartment prices in the secondary housing CMS began to fall sharply, reaching 38 973 rubles. per square meter of mineral waters and 52 461 rubles. per square meter in Pyatigorsk. This low figure in Mineral Waters explained by the fact that the city in the region is less popular than other resort centers. But the smallest decline in home prices, less than 2% relative to the October index was observed in Essentuki and driven by high demand for residential real estate city. But in January 2009 and caught up with the rest of Essentuki CMS on falling housing prices, and falling relative to the index in October 2008 there was 5.2%.
Reducing the cost of flats on the secondary housing market continued in other cities in the region. Reduction in the work or its complete loss, and consequently, insolvency invariably led to a decrease in housing demand and a decrease in enrollment mortgages. Also on the property market and has influenced policy banks, which are either completely stopped or mortgage lending have significantly increased interest rates, making borrowing more completely inaccessible to proportion of the population.
How does one evaluate their own apartment? Most often, real estate brokers use the comparative method of valuation (the most reliable method of ordering the evaluation report by an independent appraisal company). Simply put, you need to know how much it costs a similar apartment in the same area, in a similar house, with the same footage and layout. It is not hard to do, because Russia still dominated by standard houses. To do this, you can see advertisements in directories, newspapers and specialized publications or on websites. It should also be borne in mind that prices in ads often are not actual, and in many cases, the appropriate bargaining. Also, in terms of lack of time, you can turn to professional appraisers. How does one advertise? How do I order the sale of your apartment found a potential buyer? Advertising – the motor trade. Today there are several in Yekaterinburg specialized directories and internet portals, which are free to place an ad to sell your property. The most rapid source of information of course the Internet. First of all, unlike newspapers advertise on the site can be submitted more quickly and to update information, such as changes in the value of the object much easier. Secondly, sites are often used special filters to help interested buyer is looking for his real estate by setting certain parameters of the search. Thus, the announcement of the sale of your house will not get lost among the mass of such ads.
In the previous part 1 and part 2 of article on the classification of the Turkish residential real estate we talk to you about the apartments, it's time to talk about houses, private homes, in all their diversity of Turkey. The house, which is a private house? For all This concept is real estate its meaning and content. For someone this cute house with a sloping roof of greenhouses and currant bushes in the garden at the hacienda partnership "to them. Hammer and sickle. " For someone in a cottage-pyatistenok village with his grandmother, with full zapazuhoy green apples neighborhood. And who's the three-story monster with wings and falshkolonnami type katedzh guys! – On Rublevo Assumption highway. All of that something, and all one-YOUR HOME, an individual, as it any name.
So today let's talk about what we can offer the construction industry in Turkey in terms of individual housing. By the way, cross-legged home-Ev, reads like ev. Oh, there's no more complicated than the apartments, but significantly and varied in architecture and in terms of price. And in this we will consider only the construction of mid-market, completion of construction of 2005-2007, mass construction and standard design solutions. And on individual solutions and exclusive projects to the thick, very thick, purse talk like a next time. Why only new building in 2005, you ask, because in recent years, after adoption of the law acquisition of immovable property by foreigners, the Turkish construction sector has become even more careful to take care of the needs of foreign buyers, ie us with you.
individuals and constituent documents, a copy of the TIN and the documents confirming the powers of the representative; plan living space and technical passport (original) document confirming the ownership of the seller's apartment (Original and copy) of at least 3 copies of a genuine contract of sale, one of which remains in the ownership documents, information about persons who are entitled to use the living room with an indication of the right (Original and copy) the permission of the guardianship, if the property is owned by a minor, incapacitated and partially incapacitated, the consent of the co-owners to housing exclusion or refusal from the purchase of shares traded. Collection and documentation involves monetary costs and nervous feelings: the queue to different institutions, interacting with unscrupulous officials who may impose unnecessary fee information and other services. Virtually all institutions you will encounter bureaucratic red tape, bureaucrats and even sluggishness complete disregard. In this professional agenttov debugged process – already have their established contacts and relationships. The whole process of the transaction will take a little time and minimum cost. Real estate agency offers free legal advice in the area of operations with nedvizhimostyu.Raschet Real estate transactions – transactions increased responsibility and risk, as related to the big money. Calculation of cash – the easiest, but also the most risky way (fake bills, stealing money extortion, racketeering, etc.). Real Estate Agency guarantees the safety of mutual trade.
Money shall be deposited in the expo-service, and carefully counted and checked, which eliminates false or damaged banknotes. The agency is fully responsible for the safety of funds until settlement. And this is a free service. You can certainly buy an apartment without intermediaries and conduct a transaction on their own, but it's worth Considering that a professional will decide more housing quality, legally competent, safe, and as soon as possible. The only advantage in buying an apartment without intermediaries is a cost savings due to the loss time, effort and nerves. The advantages of a professional facilitator, knowledge of the situation on the real estate market, access to special databases of real estate, work directly with builders and sale of apartments in new buildings; Search and selection of apartments with all the client's wishes, legal services: documentation, accurate and rapid processing of documents, the privatization of apartments, insurance risks, security payments; Mortgage Lending to the optimal for the conditions. The safest and most efficient way to solve the housing problem – it's cooperation with a serious and major real estate agency. Do not risk buying an apartment, without intermediaries, Entrust solution to this problem for professionals.