Do not have a certificate from tax? Then do not have illusions. Passers banks do not serve it. However, such programs do exist. Banks, and the truth declaring a mortgage without a down payment. But you need to take a consumer loan.
That is, the initial payment will still be. Only money is shifted from right to left pocket, and a much larger interest! C first glance, the difference is not obvious, but let's try to understand why the bank did not give a simple mortgage, without complicating the scheme, and not confuse the customer? How would say Dear Mr. rods: and let's try pozrit in the root. Why is all the banks rushed to issue mortgages? And why not so long ago, this mechanism worked with a large scratch. Consumer loans were given the banks themselves. They gave their money. AND risk themselves.
Mortgage is another matter! Mortgage loan itself is the subject of reliable collateral. And the banks were to use this mechanism on all cylinders. The bank issues a mortgage, and immediately under this loan, that is to your obligations perekreditovyvaetsya *** on the market of cheaper money. Your bank returns instantly. No risk, but still receives a percentage. However, the issue of lending is the bank itself acts as a street beggars. If he can not provide a convincing argument that you are creditworthy, then the security of your mortgage no one will give the bank money. What lending rules and regulations – is a closely guarded secret, but it seems that for those who will perekreditovyvat bank also needs serious guarantees. But such guarantees reliability of your loan is just the first installment! And you want to issue a bank loan without a down payment, but nemozhetsya – on such borrowers like you, it does not perekredituyut!. And then the risks will be responsible for yourself. What a banker in his right mind would agree to that!? But oh, how to get protsentiki want … Here and came to the aid of a cunning Mortgage and consumer shemka. The Bank issues potrebitelstky credit. You pay for his rabid interest. But in one window. Then the money will go to another window in which no one asks about the history of their origin. And so, according to the documents you no longer a bum off the street, but quite respectable man, who was able to save money, and therefore able to give all the rest. That means it can take an apartment on credit. Bank knows the price of your respectability, but whether it will be recorded in the mortgage agreement? In that agreement, under which the Bank in the interbank borrowing can get perekreditovku? The outcome for the bank just wonderful. Not only that, he gets to you interest on the mortgage. Moreover, it removes the risks. Not only did he quickly returns his money and then lets them in turn. The Bank also "inscribes" you into an expensive consumer credit, from which the additional cuts interest. And yet, in all honesty, it is still the bank is no risk. Remains the most reliable guarantee of your home. Which is easy to sell if you can not bear the weight of mortgage and consumer loans. We wrong? Then why the bank needs is a curve diagram? Why would a bank do not give a direct and simple mortgage. Without it, no down payment. Huh? Article from Satya: Mortgage without down payment
There may occur variations. Take the second paragraph carefully. Although he is several times cheaper, but there is no guarantee that the information is valid and generally reliable. Normal price apartment for rent within an hour. Perhaps by the time you come home already will be commissioned.
My advice – pay only for the fact Rooms If the apartment you can not afford, you can rent a room. This will cost you are 2-3 times cheaper. You may have to sacrifice freedom, because the need to adopt the rules of the game master and adapt to it. Nabbolee preferred this option for students who sometimes enough roof over their heads, and But if you're a proud and freedom-loving people – that this option is not for you. To search for rooms you can watch around campuses and universities, you can also look into their unions.
Bed and breakfast is much easier than apartment. Often enough to interview people about the entrances or posting ads. Prepayments Some hosts require advance payment for several months in advance. If it's one or two months, they can be trusted completely, but if they require pre-payment for a year or six months, it has reason to guard. The hosts may indicate that they move to another city for a long time and so now they want to get all the money. You can always offer them two things: 1) to give money monthly for the lease of a trustee 2) to transfer the money by electronic transfer and monthly in the first case, owners are choosing the person to whom they trust and whom you will every month to bring the rent instead. The Trustee may contact the owners and tell them the real situation on the pay and status of the apartment. The second option is more risky for the owners of the apartment, but also has a right to exist. C electronic payment now and no problems so if the owners do not just old age, you may well offer them this option. It is worth noting that for any transfer of money charged Commission in the area of a few percent of the amount transferred. How honest and paying lodger You agree to pay additional charges. General comments If you have at hand a permanent access to the Internet, you can open multiple pages of the newspaper ads or on the 'Rent'. Every 10-15 minutes, press the refresh button on your browser. If a new ad appears, you will find it. Buy advertising newspapers in hopes of finding the actual version of rental housing – makes sense only if the newspaper does not have a website. To find out – type in the string search engine name of the newspaper and the word 'website'. If after 10 matches you nothing good find, you can try to buy. When you negotiate on the price of the lease, be sure to ask whether the payment of utility bills here Have a good pickup!
Europe recovers, do by what Spain does not? 16 September 2009 in the midst of the crisis the Spanish Government has tried to avoid the sharp fall of the property market.At the moment, what it seemed to be a help, it ended damaging not only to the Spanish real estate market that not culminated with their adjustment process, but will also be transformed into one of the explanatory factors for the delay in the recovery of the Spanish economy. In Europe, most economies, with the exception of Spain, are prepared for economic recovery that will experience in 2010. The Spanish economy must wait a little longer to perceive the beneficial effects of the economic recovery, time that can be tapped by the Government of Jose Luis Rodriguez Zapatero to review mistakes in economic policy and a plan of far-reaching reforms to restore economic strength. The European Commission (EC) improved yesterday in a sensitive way its forecasts of growth for the euro zone and the European Union, ahead of their recovery in the first quarter of 2010 to the third quarter of this year. The encouraging signs in major economies such as France and Germany, generated this change in expectations of recovery. For Spain, however, the EC forecast worsens half point until a fall in GDP of 3.7 per cent in 2009. Why if optimism reigns in Europe as a whole, the context for Spain does so dark? The European Commissioner for Economic Affairs, Joaquin Almunia, rightly pointed to the multiple imbalances of the Spanish economy to justify that Spain will experience a more prolonged recession than the rest of European countries: the increased indebtedness of households, the housing crisis, the external balance and the high unemployment rate.
The situation of the Spanish property market is perceived at a glance. In the newspaper Cinco Dias, R.R. de Acuna & Asociados that vision was reflected in its Statistical Yearbook of the real estate market anticipated that the recovery of the sector with all that it implies, will not occur until 2013 (or even the possibility that need to wait until 2016 to!).
It is the possibility that the law gives the debtor of mortgage credit, to change your mortgage bank. (Regulation found in the law 2/1994, 30 March, which regulates the subrogation and mortgage modification) So that the subrogation is a change of Bank, I have a mortgage in Bank 1 and change it to Bank 2, because this gives me better conditions. Hoe werkt subrogation? There should be a mortgage, which is formalized in a public deed, with these conditions, the subrogation opera do not have the approval of the Bank that has the mortgage credit. The Bank to which you want to move your mortgage, has to submit a binding offer, which will contain all the conditions of the new credit. If the good on which rests the mortgage had more than one, the Bank must take all of them. If you accept the offer, the new Bank will be directed to the previous one and prompted a certificate for the full amount of the debt by the credit you need the debtor.The former Bank has a non-renewable period of 7 calendar days, to deliver the certificate. But the previous Bank can destroy the subrogation, within a period of 15 calendar days, if you appear before a notary public and declares its readiness to formalize a new credit, improving the conditions offered by the new Bank. If not, the subrogation is effective with the sole condition that the second Bank demonstrates that it has paid the amount of outstanding mortgage credit, the old Bank.
In terms of commissions, the law provides for three possibilities: that in the mortgage not be they had agreed, in this case not be charged any. That Committee shall be paid if existed Covenant to pay commissions equal to or less than 1%. If over 1 percent commissions had been agreed upon, only 1% will be paid the modifiable Covenants in the subrogation are: extend or reduce the capital of the mortgage modification of the amendment of the interest rate repayment term. Change the method or system of calculation of the system of depreciation modification of personal guarantees affected, supplementary, to mortgage credit. Are there any tax benefits for subrogation? Notarial writing will not pay tax on documented legal acts. You should always go to the subrogation? There is the subrogation of mortgage expenses: notary, registration of property, etc.
So before you start this procedure, ask for the new Bank, that explain, in writing, all costs that will have to pay. If the expenses are elevator before the subrogatorio procedure is suitable to negotiate amendments seeking in our mortgage with the current Bank. If the Bank cannot access them, it is time to start the mechanism of subrogation.