Law office — one of the forms of lawyer formations
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. Because of problems with re-registration of mortgage, you will need to obtain the consent of the Bank, your Bank is unlikely to agree to repay such a large loan on your own risk, not having the right collateral. Also during these six months, you can not just abandon the inheritance, but also to transfer the right of inheritance to a third party. 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. And when the amount of own funds is not enough, in this case people suffering from creditmany, begin to contact the banking organization.
The Bank approves his application, but includes in the credit agreement a lump sum payment for the issuance of money. If several heirs, the debt they will pay together, in proportion to the inherited property. As a result, the client might get the feeling that he cheated, but it will not be so.
It should be noted that loans to purchase real estate are considered to be rational, however, some borrowers even when getting these loans manage to overreact. However, should not be confused incomplete payment of borrowed funds with a single payment, which is still practiced by some banks. Minors are considered children up to 14 years. Actually the problem is only in that the borrower did not pay attention on such an important point or didn't understand it. Unfortunately, justice is not a legal concept that what is called "the matter will not sew." Another example is when a borrower cannot demand cancellation of the contract, although such a desire it occurs and relates to floating interest rates. The result is that it takes the Bank has 90 thousand rubles, but still have 100 thousand. 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. Financial institution, in turn, may be a kind of indicator of the reliability of the developer, because of serious financial institutions are ready to cooperate only with honest, reputable and successful construction companies. When it comes to the apartment bought on a mortgage, the heirs to repay the loan jointly, in proportion to the share they received.