According to financial analysts one of the most popular tricks of financial institutions advertising their own loan products are so-called interest-free loans that are issued to potential borrowers in times of celebrations such as new year or Christmas to buy expensive gifts to their relatives or loved ones. When it comes to the apartment bought on a mortgage, the heirs to repay the loan jointly, in proportion to the share they received. Thus, both the lender and the prospective buyer of country property can be fully confident in the cleanliness of the documents on the lot under construction. According to financial analysts, the borrower will have more chances of getting a mortgage loan for the purchase of suburban real estate, in that case, if he is made as the collateral in its main housing in the city. For example, a borrower wants to take a Bank of 100 thousand rubles.
However, even then it will be necessary to observe a number of important formalities, among which is the fact that cost of urban real estate serving as collateral must not be lower than the estimated amount of the loan. Very often potential borrowers are lured by the fact that promise to provide consumer loans or cash loans within 15 minutes at the time of treatment, and from the potential borrower in obtaining such loans will not need to provide any documents other than passports. It is possible that all debts on the loan that go along with the inheritance, can not be charged for the prescription period.
The only problem may occur if you want to refinance a mortgage. That is, the borrower will have to pay 10 Grand to get funds. During these six months, we can all think carefully and make the final decision, is it advantageous to accept the inheritance with all debts or to abandon it and focus on paying their own loans. The Bank, in which you arrange a loan initially, you will not be able to prevent it, so as to extinguish the credit ahead of schedule is not prohibited. However, in fairness it should be noted the fact that people are having and older age, are not always able to boast of prudence. By the way, to abandon a legacy in someone's favor can be in the case where the heir has accepted the inheritance. The Bank approves his application, but includes in the credit agreement a lump sum payment for the issuance of money. However, should not be confused incomplete payment of borrowed funds with a single payment, which is still practiced by some banks. To accept the inheritance is given a fixed term – 6 months.