Wednesday, June 1, 2011

Elena Tartynskaya: mortgage - is a profitable way of investing

Today, mortgages in Moscow is the best option of purchasing property. After all, housing prices in the capital is constantly rising and mortgages in Moscow, and not only made available for long term. Consequently, even high interest rates, the lifting housing prices, will eventually be negated. In addition, mortgage, offered by the Bank of Moscow - is a great alternative to renting. After all, much better to invest in their own apartment, than to pay the tenants that are commensurate with the monthly payments on a mortgage. Also, many people think loan is too risky and prefer to accumulate the necessary amount to just buy an apartment. With this you can bet. First, real estate prices (especially in Moscow!) Grow very rapidly. Therefore, you have gathered over the years the amount may be irrelevant, and you have to save up more and more. Secondly, all this time you will huddle together in a communal or shared shelter with their parents, or at all - to pay tenants. Therefore, apartment mortgage in Moscow - this is the best solution for young families who wish to acquire their own housing. Besides, you always know in advance how much and in what time frame you have left to pay the mortgage terms. This means that you have to calculate everything in advance and plan a family budget to get a mortgage in Moscow will not be for you an intolerable burden. But in any case, the mortgage - is a profitable way of investing. However, given the characteristics and cost of apartments for capital, mortgages - it is always quite a big amount. So think twice before you take on debt. Since mortgages in Moscow - is a risk, which is a bank. At first glance, the mortgage loan in Moscow today is not a big problem in terms of choice of housing - the city is constantly updated, expanded, erected modern high-rise buildings, with a large number of apartments. But when you are directly confronted with the choice of an apartment for yourself, you will realize that the mortgage - it's not so simple. Housing prices in these new buildings are often simply placing for ordinary family in Moscow. And to obtain the consent of the bank for a loan for the purchase of flats in the secondary market is much more complicated. In this situation, for these people the best option is a mortgage to buy a flat directly from the developer. The absence of intermediaries between the buyer and the builder can significantly reduce the cost of purchased housing, so the mortgage will become more profitable. For example, ROSAVTOBANK actively lend to borrowers who have decided to buy a property under construction.

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