When a person buys a property and draws up a contract, it may seem that after that the apartment belongs to him. But there is a nuance here. While the ownership right is not registered, and there is no cadastral registration of housing, its owner will be listed as the previous owner.
From September 20, VTB Bank reduces the amount of the down payment to 10% when buying an apartment on the secondary market. To confirm the Initial payment, it is enough to provide a receipt from the seller.
Since September 19, Sberbank has reduced the initial mortgage payment for secondary housing from 15% to 10%. The changes apply to both salary clients and those who do not receive a salary on the bank card.
Insurance was called title insurance due to the fact that the ownership of the property being sold, confirmed by the owner with the provision of relevant documents, is called title. Registration of this type of insurance guarantees compensation for damage to the buyer if his rights to the real estate that he acquires are invalidated.
From September 15, Sberbank reopens the acceptance of applications under the Rural Mortgage program for the purchase or construction of a residential building in rural areas. Programs: Purchase of a plot with a residential building or a block of buildings from a legal entity (no more than 3 years should pass from the moment of construction of the object) or an individual (no more than 5 years old);
Russian President Vladimir Putin has instructed the government to reduce the number of unregistered objects in the Unified State Register. The Government will introduce amendments to legislation that will reduce the number of land plots whose boundaries are not defined in accordance with the requirements established by the legislation of the Russian Federation;
Advantages of living in a cottage village
Situations when buying or selling real estate in favor of third parties do not occur often. What is it? And who is interested in this kind of transactions? Let's take a closer look. So, in the case of buying a home in favor of a third party, the buyer acquires real estate, but does not become its owner.
Residential real estate can be shared or shared. Accordingly, it can belong to two or several owners at once. As a rule, such objects are sold, adhering to certain rules.
Today, most people are concerned about any financial transactions: should they invest in real estate now? Is it profitable? Opinions differ. Meanwhile, investing in commercial real estate is perhaps the most reliable form of saving and investing money.