Mortgage Bank. Sale of mortgage housing

The owners of mortgage housing is a sufficient number of Russians. Sometimes a situation arises where people are willing to sell this house to buy another, such as an apartment or house a greater area. Such a deal is possible, but it has its own characteristics. First of all, this housing can be sold only with the consent of the mortgage bank. You need to be alert to the possibility that the process of selling real estate mortgage may take a long time. First you need to meet with employees of a mortgage bank and get information about what conditions need to do to get permission to sell the home. The main condition is a moratorium on early repayment of a mortgage loan. In the event that this period has expired, you can solve any further questions. Mortgage lender can offer several apartment sales, which is in his voice. The most common is the following: to determine the amount due on a mortgage on a specific date and received permission to mortgage bank apartments for sale, the borrower signs a preliminary agreement with the buyer housing, mandatory notarized. The buyer then pays the debt on the loan by transferring funds to financial institutions - the lender, thereby paying off the mortgage loan. Such a scheme selling mortgage housing is found in practice, most often because it is less risky for the lending institution. In turn, the mortgage lender gives the borrower a mortgage and a certificate which confirms the absence of debt on the loan. After this, a homeowner must register lifting burdens on an apartment in the service desk. In addition, he must execute the contract - the sale of housing and transfer title to the property from seller to buyer. In the event that the buyer must pay the seller a large amount of housing (for example, if the selling price of housing exceeds the existing debt on the loan), then the difference in the day the transaction is placed in the custody of any cell of the credit institution. The seller will have access to the money after the sales contract will be issued in the housing registration service. There is another option of selling real estate, which is pledged to the mortgage bank. Client asks for permission from a financial institution - lender on sale of housing, which is in credit. By agreement of the bank's flat put up for sale. Once a buyer is found, it places a deposit box in a financial institution with all necessary for repayment of the loan amount. If there is a difference between the selling price of the apartment and the amount of debt on a mortgage, it is placed in another deposit box. After that, the financial institution informs the service registration of that mortgage paid off and passes into the service a mortgage. Like the first embodiment of the transaction, a registration of sale of housing, and title passes to the new owner. The existing difference between the cost and the amount paid by the apartment on the mortgage loan seller gets home after the final registration and registration of all documents. There is also a third option of selling mortgage housing. In this scheme, the borrower can bring in bank client, according to renew the loan on the mortgage in his name. In the event that bankers favor of the creditor, there is a renewal of a loan on it. In this case, the apartment is pledged to a financial institution, but a duty, after the signing of the agreement, moves to a new buyer, together with the transition to his ownership of the housing. Each of the options for home sales on the mortgage is not really as simple as it may seem. Like every financial transaction, the sale of housing mortgage involves certain risks, both for financial organizations, and clients and takes time. At the same time of the sale of mortgage housing, fairly widespread. Wishing to implement similar properties must decide whether he will personally assess the risks and choose the best scheme of sale or ask for help from professionals who work in the mortgage market.