How to live? In credit!

Today, many Muscovites affirmed the view that free or low-cost housing should not wait. Solve the housing problem must own and as soon as possible. One option permits the housing problem - a mortgage loan. Buying in new or secondary fund? The market is now refocused on the secondary market. In general, to find a suitable apartment in the new house is quite difficult. Some banks are not lending 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 of the property. And many lending institutions to purchase housing in the primary fund set higher annual rate of 13 percent to 18 percent. True, after the apartment is decorated in the property, the loan interest rate will decrease and will be the same as on the secondary housing market. And yet, from the beginning of construction until the date the apartment ownership can take from two to three years. It should be borne in mind that most of the apartments for rent without finishing. Choosing a bank in Moscow is total of 60 banks, and each of them is offered from 3 to 6 credit programs. To select a suitable program for yourself, it is better to use the services of a credit manager. The bank at this point, you will not much help, so it is best to contact the real estate agency. Typically, customers are invited to choose from several banks. But it will also depend on the situation. For example, if the income is confirmed by the client verbally, the realtor can offer maximum 1-2 bank. In other cases, there is a choice. Approval for a loan can be obtained for 1 - 7 days, depending on the bank and how you confirmed income. If the "business" appears Reference 2-PIT, the consent of the bank on credit can be obtained in one day. If revenues are confirmed verbally that this process is delayed for a week. When the bank refuses to lend, you can go to another. Requirements for an apartment in the future will realtor looking for an apartment, taking into account your needs and requirements of the bank, because not every bank will lend to real estate. For example, it will not give the money to buy emergency housing, apartments in the house, the going to be demolished. Initially, when looking for housing estate is under the control of the purity law of real estate. Ideally, the history of the chosen apartment must be fully understood from the first owner of a specialist and to the present. Agent will not offer you the option of housing and will not come to a deal, if even the slightest cause for doubt. When a selection is made, it is necessary to make a sum of money in the account value of the property to confirm the seriousness relative to the chosen apartment. The transfer of the advance preparation of all necessary documents and discussion of the transaction scheme provides realtor. Very often, salespeople do not like to sell the apartments on the mortgage. Direct responsibility of the realtor - to explain that to a seller mortgage deal does not change anything: neither the timing nor the terms of the transaction, nor the volume of documents, since the additional paper he collects himself. In parallel, the realtor is negotiating with the valuation and insurance companies. Insurance Loan you the money, the bank must be confident that he will have similar gains, even if something happens to the borrower or to his apartment. When mortgage loans insured by three risks: loss of ownership of the apartment (purity law), the physical loss of the apartment (fire, flood, etc.), disability and credit life. The average amount of insurance varies between 0.8 - 1.5 percent of the purchase price. The interest rate will depend on the age and health of the borrower. If the loan amount is more than 100 000 dollars, the borrower is required to undergo a medical exam and pass the necessary tests. If the mortgage is issued, taking into account the total income of husband and wife must insure both spouses. In this case the health of one spouse will be insured at 100 percent and the health of another 50.