The program works realtor, banks and even some developers. Then the chance to get an apartment in a relatively short time is real. However, it is worth remembering that the registration of all documents takes time. The bank will not trust their money to the first comer, without any guarantees. And it will take time to check.
Therefore, all the attention - the Swiss franc. For Russia's currency market is more exotic than the Japanese yen. On our Far East loans in yen in the long run. But a similar experiment AKB Michinoku Bank in Moscow (though with a floating rate), were not successful, recently completed - a branch of Japanese bank has generally ceased to engage in mortgage.
In order to understand what supplements are required for different sizes of housing improvements, focus on the prices of real estate market. According to Olga Pobedinsky, director of marketing real estate "Agent 002" in most areas of mass building of the Moscow studio apartment worth 150-155 thousand dollars-bedroom house in the same class will cost 210-220 thousand dollars, that is a necessary supplement amount to 60-65 thousand dollars if we speak about three-room flats, their value is equal to 280-290 thousand dollars therefore the exchange of "two to three" need 60-80 thousand if you want to move from odnushki once in three rubles then, putting the amount of surcharges, we obtain a figure of $ 120-140 thousand
Who and why today is buying with a mortgage rooms? The motives of the buyers are different, but, as we are assured mortgage brokers, given the current price level rooms have become an alternative to one-room apartment. And this despite the fact that the cost of meters in them more often than in individual apartments.
State Duma deputies, Anatoly Aksakov and Viktor Pleskachevsky introduced in the House bill designed to facilitate the sale of second home mortgage. An amendment to the law on state registration of property rights prevents suspend state registration of purchase and sale of apartments at the request of the seller or the buyer (or both of them) if the transaction is made using a mortgage loan. In order to suspend the state registration, require the consent of all three parties to the transaction - buyer, seller and the bank.
Despite the enormous progress of housing loans in our country, most people simply do not believe that they can get a mortgage loan. Many of those who do not have the funds today could use this in a civilized tool for improving their living conditions. But often, turning in one bank and being refused, the man does not even suspect that many other banks it would be desirable customer. The role of mortgage broker is precisely in the fact that from the variety and diversity of proposals to choose the bank that is willing to consider a category of borrowers and suggest suitable loan programs.
`In the growing real estate market to make fairly easily. Currently, rates on mortgage loans ranged from 9% to 11% per annum in U.S. dollars. The growth of prices in Moscow last year amounted to almost 50%, and for the first half of 2006 - more than 50%, - says Elena Khorkina, Director of Retail Lending Credit Bank of Moscow. - Thus, people who have received credit last year, paid interest on a mortgage is 10 times smaller than the rise in prices occurred in the apartment. Thus we do not take into account the income that the borrower can get by letting the purchased mortgage apartment for rent '.
The market is now refocused on the secondary housing. In general, to find a suitable apartment in the new house is quite difficult. Some banks do not lend for the purchase of new buildings, thus they tend to avoid the risks associated with the construction of new homes and apartments in the design property. And many lending institutions to purchase housing in the primary fund shall establish a higher annual rate of 13 to 18 percent. However, after the apartment will be framed in the property, interest rate decline and will be the same as in the secondary market. And yet, from the beginning of construction until the date of apartment ownership can take from two to three years. It should be borne in mind that most of the apartments for rent without finishing.
