At what moments bank notes, studying for an apartment mortgage lending, "owner" told last week. Continuing the theme, tell you what the requirements of the bank to legally clean the apartment. The first and most important condition - the apartment should belong to the ownership of the seller. The second - the bank will not allow to conclude transactions between close relatives. If the owners of the flat is minor and incompetent persons to conduct mortgage transactions (as well as any other) "necessarily requires the resolution of custody or other organizations. If such permission is obtained, then the presence of minors and disabled persons among the owners of the apartment is not an obstacle for the loan, "- says Oleg Skvortsov, Deputy Chairman of Absolut Bank. Another issue that a permit - a separate bureaucratic procedure. Real estate at the time of the sale should not be in the use of third parties, including under a lease agreement or lease. Exception - if the collateral for a registered encumbrance, and the client has provided documentary evidence of the possibility of its removal with the simultaneous state registration of the pledge in favor of the bank. In the documentary history of the apartment as legal documents should not be a judicial decision, which appeal period has expired. The apartment must not be under arrest, as well as be subject to claims of third parties. If the apartment is not registered redevelopment, it is suitable for a mortgage in two instances: if you can give room to its original state or to register alterations in the manner prescribed by law. There is a list of alterations that the bank will not accept due to the lack of such opportunities, it coincides with a list of alterations is prohibited by law. One of the most frequent causes of failure is that the seller is unable or unwilling to provide the required bank documents. For example, if the apartment owner - an elderly man, a bank may ask for help from a neuropsychiatric clinic. The seller may not be willing to provide it, arguing that it is not only troublesome, but also insulting. Often, sellers tend to understate the value of sales contracts to one million rubles. And if the contract prepares a credit institution? Victoria Shcherbakov, head of brokerage "Loan Max", encouraging borrowers: "Banks are aware that a large proportion of flats in the secondary market in Moscow is owned by less than three years, which is an obstacle in the contract of sale for full value. Credit institutions are flexibly suited to this kind of problem and offer their own schemes of the transaction, specifying the amount to one million rubles. " Cyril Suslov, the director of "Legkokredit," says that "now it is hard to find a mortgage lender who does not underestimate the cost of permits. This positive result is not so much competition, how many huge price increases in 2006 and, accordingly, a sharp narrowing of choice for mortgage borrowers. Banks are going to underestimate, if the seller for some reason the borrower requests the downgrade, "the official amount." Underreporting due to tax avoidance - is the most common cause, but by no means the only one. At the sale of flats former spouses one often tries to get a large sum and hide it from the other half of the former. " There are two schemes. First, the most popular solution is to design credit for the purchase, repair and improvement of the apartment. One million rubles available for purchase, the remaining two million - to repair. This loan is a mortgage that is secured by a pledge, but the purpose of him - buying an apartment and inseparable improvements. The second scheme: mortgage issued for up to one million rubles, and all that again - as a consumer credit with providing the same apartment. Ideally you should find an apartment, you can buy without any additional conditions. But the reality is that 80% of trades - alternative, that is, sellers bought at the same time another apartment. So we have to build a circuit. Credit institutions must take into account the actual conditions of the market. According to the head unit "Mortgages" Alfa-Bank ZIBAREVA Elijah, "Alfa Bank admits alternative chain, and in our practice, they occupy about 70%. In fact we do not check alternative apartment as thoroughly as collateral apartment, but keep track of the picture as a whole, in order to ensure successful registration of all apartments in the chain. " Pavel Rybakov, head of sales support Russian Mortgage Bank, explains that "an alternative chain are considered, the number of apartments is not limited. Checking the alternative flats held on formal grounds. In this case the borrower is obliged to insure the risk of loss of property rights for the purchased apartment for a term of the loan. In carrying out alternative transactions are not permitted to conclude the contract of sale apartment purchased by means of a mortgage loan on the condition of the commission of other (alternative) transactions. We do not want our trade (and, respectively, and termination of our contract) depended on the conclusion (and, consequently, termination) other (alternative) transactions. " It happens that one of the owners may not be present on the transaction. Then the possible sale by proxy. Alex Kozmin, head of the Directorate of underwriting property insurance to individuals and mortgage insurance group "UralSib", stresses that "the execution of any action (including the signing of an agreement to dispose of flats) under power of attorney is a widespread practice in the market. We believe that if the authorization is framed properly and give the necessary powers, the risk is not increased, and design contracts of title insurance to our normal conditions, without having to raise the insurance rate. " At the same time, not all lenders allow this option. Judge for yourself: quite suspicious if a person can not come for a day or so to sign an important document like a contract of sale flats. It is possible that the bank's employees come to believe - the power of attorney improperly framed, and the deal falls through. In summary, several important conclusions. For some credit institutions in the first place liquidity, the estimated value of the mortgaged property and the share of the cost paid out of the down payment. Other banks seek to ensure that the apartment is located in a nice house and comfortable accommodation. Approach to legal purity of the object at the same mortgagees as a whole. The bank checks the documents and then risk losing ownership of the housing is secured by the borrower. Banks' claims are reasonable. However, the difficulty lies in the fact that in one version must match the combination of parameters that satisfy both the borrower and the bank with technical and legal points of view. In this case the seller must agree on a mortgage and to provide all necessary documents. Therefore, we can recommend to first get approval for a loan, find out the requirements of the bank, and then look for an apartment, so that when you get right choice, right to carry a credit institution documents in the apartment. The second piece of advice: try to seek shelter at the same time in different areas. But some special restrictions on the mortgage does not. As they say in the banks, "you do not buy that apartment, on which we will have a failure."
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