Several solutions are offered to an owner when he is facing a debt. He can request a repurchase of credit proprio without mortgage and that mortgage which each have their peculiarities and their advantages. ltapersoonlijkeontwikkeling.com for clarification
The repurchase of credit without mortgage
His characteristics :
It is possible to opt for this choice for the restructuring of its mortgage or consumer. It will therefore be up to the borrower to make available his income and to guarantee the regular payment of the monthly payments.
How to get it?
For the file to be considered, certain parameters must be taken into account. Among them, there is the maximum of guarantees like the guarantor or the co-borrower or his pay for a civil servant. There is also the reassuring banking history, there is no recurring discoveries nor inability to repay debts.
The fact of being stuck at the Bank of France is a blockage because it will be deduced that there are risks of difficulty repayment. To benefit from the loan consolidation, it is necessary to gain the trust of the banker who studies the file and who will make the decision.
The mortgage buyout
What is it?
It is proposed to the owners of a property so that they can consolidate their loans through a mortgage. This is a guarantee for the bank and will offer the offer. Thus, by being an owner, there is more luck than being a tenant.
It has two advantages, the first of which concerns the applicant. It allows them to reduce monthly payments and allows them without difficulty. The credit pool presented in the form of a bonded or mortgage restructured loan has a higher interest rate than consumer loans.
The ceiling is higher and is set according to the value of the property. Depreciation is of longer duration compared to the repurchase of tenant credit.
As for the second benefit, it is for the benefit of the bank which benefits from a guarantee of payment with the mortgage. She will take possession of the property if the borrower fails to pay his monthly payments.
Everyone has the dream of getting a new house built in their youth or before retirement in general. The need to have a real estate heritage is constantly growing among the French. But to build, prices can depend on several factors. The first thing to consider is this: do you have a property that will allow you to build? If you do not have one, then it will be necessary to establish a budget for the construction of your house.
This will mean that you have to think about buying a lot and the prices will be based on the city in which you are buying and also the neighborhood you have chosen. It will take between 50,000 euros and more for the purchase of a building plot. To this sum will be added that of the other factors that will come into play.
What type of construction for your new home?
Building a new house is a big advantage for the owner because it will allow him for example to benefit from the Pinel device that will allow him to enjoy a tax exemption. But, the price of your home will depend on all the equipment, materials and tools that will be used. For example, you may decide to build a house made of wood, concrete or ground, which will allow you to save on your energy. In addition, you can opt for green houses. On a plot for example, a new house can cost you between 700 and 3000 € per m2. For a house full foot for example, with equipment that will allow you to save on heating, you can find it to 46,000 around a surface of 150m2.
Ask a professional builder
Establishing a budget for the construction of a new house starts with a perfect knowledge of all the elements that come into play in construction. This is one of the reasons why it is very important to contact a professional. This one has all the means necessary to make an exact evaluation of the construction that you want to do with the materials to use, which allows you to make a better evaluation of the prices that the construction engages. According to experts, a new house can cost you in 1000 and 18000 euros on the m2. Which will mean that if you want to build on a plot of 100m2, you will have to use a minimum of 100000 euros. There are real estate helpers, zero loans and others that will allow you to build your house in the best conditions.