Mortgages Without Equity
Different mortgages compared the dream of owning a home is unimaginably distant for many. Many hurdles must be overcome. When you’re young, typically lack the money for it. Own income is still not enough to pay the necessary things in the budget. Hardly anyone thinks that save or house construction. You want to keep too mobile and in the today’s market economy, more are not uncommon job changes and processions in other cities. Nordstrom is often quoted as being for or against this. If you are a little older, has you get to maybe already on its surroundings and wants no stress with changes more. What should one also with a House, if there are not more so many years to life.
Families who have found a place are the group that really is interested in a condo or House, to settle down. For this group is build very attractive. Building is attractive you get not only a home, so rent and landlord independently, but also very much security. The real estate or the plot is usually worth stable and inflation-secure and Once the rates are paid off, it saves up to 30% of the cost of living by living rent-free. Construction financing is attractive since high State allowances and tax breaks are added for families with children. The classic construction financing through a contractor was as follows.
You get when the loan is due an allocation and saves a savings contribution to its capital, usually 20-30% of the loan amount with its bank over the years. This takes usually 5 years. This loan will be paid back to a fixed annual percentage rate. The longer it takes to pay his credit to paying more interest. Also the loan itself must be repaid. In most cases, the repayment and the interest in a consistent monthly together are collected. This form of loan repayment is particularly appealing for the normal household with regular monthly income.
Mortgages Living Riester
Residential Riester contracts are becoming increasingly popular mid-October 2011 when the Germans signed the millionth residential Riester savings. In the second quarter of 2011, residential Riester was at number one in the new contracts according to the fact. One reason for the increase is that many savers now want to use the contracts for the construction or purchase. But are often still ambiguities about the chances and risks of living Riester contract. Residential “Riester” officially referred to as Home Pension – started 2008 as another way of promoting Riester and replaced the former housing promotion. Residential Riester is suitable for every eligible what many so far not clear: the promotion does not depend on income limits. So just well deserving singles can count on annual funding of up to around 1,000 euros a year, virtually the half of what savers would have to provide in the year contributions.
Savers must muster 4 percent of income subject to social insurance contributions, maximum are 2,100 euros eligible. The basic funding: 154 euro per year, in addition the allowance amounting to 185 euros for all born until 2008, for then those born there is 300 euro. Savers aged under 25 will receive 200 euros once. As the Stiftung Warentest calculated Riester savers can get a promotion through State allowances, interest savings and tax benefits of up to EUR 50,000. Riester promoting universally applicable targets home pension support not only on the construction or purchase of even used real estate, but can be used also for the acquisition of housing co-operative shares and debt restructuring. To do this, the interested must complete Riester loan or a Riester savings.
Then he can bring up capital for the financing of the real estate of the Riester contract. There is also the possibility for long running Riester contracts to settle a capital withdrawal. Thus taken capital redemption is no longer necessary.
Switzerland
METHOD DR. BARZEL real estate online to review private real estate owners, the turbulence on the financial markets have temporarily led to the uncertainty. Many do not know how the value of the own property has changed. Want to create a self-used or leased property owner again predictable conditions. To get reliable numbers, they look for appropriate ways of the real estate pricing. Starting from the considerations, that neither the building nor value-influencing changes in the environment have occurred, most of the home – and landowners want a reliable assessment of the real estate value. It’s the most owners about a current valuation of single-family home, condo or apartment building or residential and commercial building.
Also undeveloped land make assets there, which are currently to check. About today’s real estate price or the current value of the land a real estate valuation can provide competent information. The provider online provides an accurate site traffic valuation. Small fee an owner or prospective buyer can evaluate a property anywhere in Germany, Austria or of Switzerland. The real estate one rating is possible at any time online. To do this, the user answered a catalogue of issues to the respective real estate. The information provided by the user are combined by the system with database values, like for example, construction costs, land value, real estate interest, age depreciation.
Receives, which interested be an individual real estate valuation real estate valuation according to the method of Dr. Barzel mortgage, property managers, brokers or online real estate portals at your fingertips. So, it is possible to inform themselves quickly and cost-effectively over the present value of its real estate to each owner. In this respect, the financial crisis has left something positive.