HOW TO BUY AN APARTMENT ON A MORTGAGE?
If you are wondering HOW TO BUY AN APARTMENT UNDER MORTGAGE in this blog we bring you answers to that question and in all a couple of tips that are clear, understandable and easy to follow.
So if the apartment you want to buy on the ownership list has a mortgage from any commercial bank;
1.) DETERMINE WHICH BUSINESS BANK AND IN WHAT AMOUNT IT UNDERWROTE THE MORTGAGE
2.) DOWNLOAD FROM THE SELLER A LETTER OF INTENT WITH DETAILED INSTRUCTIONS ON THE STATE OF THE DEBT
3.) CHECK IF THE DEBT BALANCE “COVERS” THE PURCHASE PRICE
4.) CLEARLY AGREE ON THE TERMS AND METHOD OF PAYMENT IN ACCORDANCE WITH THE LETTER OF INTENT
However, it is not always as simple as it seems. Following the above instructions, additional questions will be opened that will require the involvement of an expert. Some of the open questions are;
How can I protect myself if I repay the seller's loan?
Do I have any other expenses when paying off the loan on behalf of the seller?
How to legally regulate that after paying the loan on behalf of the seller, I acquire pure ownership of the apartment?
Who is obliged to “wipe” the mortgage from the title deed after payment or how to do it?
Mortgage is not from a bank, but from a third party or institution.. how to buy an apartment in case of a third-party mortgage?
What must the letter of intent contain for the same to be valid for you and the seller?
Therefore, if you want to BUY AN APARTMENT UNDER MORTGAGE, contact us with full confidence that we will guide you through the whole process for your safety and the safety of your seller. The property you buy is probably the highest value you currently acquire and make sure that with minimal cost you ensure the absolute security of buying your apartment.
Contact us with full confidence through any communication channel and ask anything you are interested in;
kontakt@euro-interijeri.hr
01 3734 793
091 3730 099
091 3734 793
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