Often those seeking a loan has already identified the property and then hurry to get financing. Let’s see how long it takes to get a mortgage. The first step involves the collection of documents to be sent to the bank. This, received the documents, performs some preliminary investigations. This phase is technically called inquiry....
Someone asked, jokingly, if the stress of mortgage can be a disease of the f uturo! Actually when you are looking for a home loan you enter into a new world, where you must learn to unravel with unusual terms like spreads, Euribor, Eurirs and many others. There is to reflect on the choice...
Many approach the mortgage knowing little or nothing about how it works. For this, we selected a few minutes of going into a well-known films of Roberto Benigni (“You disturb me”) in which the protagonist goes to the big question for the bank loan for the acquisition of a first home. Dealing with the...
To have a mortgage, whether for your first home or second home, the banks require the customer to have a few requirements. When you are looking for a mortgage is good to be informed about the requirements that are usually required, and banks know that there are more elastic or lax, so that the...
As mentioned in other posts and some articles on the site , this is a good time for a loan or to substitute an old one because the current rates are very low compared to a couple of years ago. But are we sure that the choice paying attention only to the mortgage interest...
If our property has been regularly reported in the register we may ask the competent land registry office. This document we need to detect all the data for the property and the “cadastral income” given that is necessary for the payment of the registration or ICI. Anyone can go to register and request a...
The mediator is the one that connects two or more parties to conclude a deal, without being tied to any of these collaborative relationships, dependence or representation. Given the above, the essential task of estate agents is to find a potential buyer / tenant and / or seller / lessor to the success of...
The Arrangement (also known as the preliminary sales contract) is an act by which the parties promise to conclude a future contract ( notary deed ) and in which are reflected and amplified all the terms of the proposed purchase . In the compromise must be clearly stated, the identity of the parties, the...
Usually, the wording of the proposal for the purchase of a property, you pay an advance sum of money as a deposit. The deposit may be confirmatory or penitential. If not specified the type of deposit is considered more confirmation. We see the difference between the types of deposit and payment: The deposit is...
The first step after finding the perfect home is to make a direct offer to the seller in writing addressed and paying a small down payment. If we used a broker, the broker will complete the form in our presence, by putting all the conditions relating to the sale. If the seller will accept...