How to get a Fast Homeowner Loan

The security of your property purchase depends on a paper to be returned to the notary to solicit and analyze for you: the fast homeowner loan. Go through all the information you can find on the internet before taking such a loan.

Before inviting the client to sign the fast homeowner loan, the notary must imperatively obtain a fast homeowner loan statement - not older than two months - the flat, house or land concerned. In the absence of this document, its liability could be incurred.

Who is the real owner of the fast homeowner loan?

This document is held by the office or offices of the fast homeowner loan department. Its first role to report the identity of the current owner: "If I had not claimed in a recent case, said Mr. Fleischel, Notary, I should not realize that the seller 's was the owner of the property which he claimed to undo! "

What obligations weigh on a fast homeowner loan?

Another role of the fast homeowner loan: identify all legal obligations (encumbrances) or financial (mortgage) hanging over the lot and the buyer must assume that it is the seller's property and not his person that these obligations are, by definition, attached. A command input and weighs on the property and the sale will be void without consulting the creditor involved.

Acquire a fast homeowner loan property: not without risk!

When the document reveals that the property is mortgaged, the rights of the acquirer vary depending on whether the purchase price or not enough to compensate creditors. When the purchase price allows the purchaser can not give to meet the preliminary contract, agreement or promise of sale he signed previously. Her lawyer then regulates the sale and reimburse all affected creditors (release) before releasing the remaining prospective seller. When the purchase price does not compensate the lender, the buyer may offer them to their mourning of all or part of their claims or abandon the sale. When they refused, he may also try to "force through", but at his own risk by purchasing the property and attempting to purge afterwards its mortgages. At the end of legal proceedings as costly and complex, it shall notify its creditors and to purchase the challenges of finding a public auction price higher than his own at least 10%. If they are not the challenge, the purchaser reimburse the purchase price. If they are successful and the purchaser will bid not to lose the coveted property. If they are, but without success, it is they who must pay an amount equal to the difference between the purchase price plus 10% and the price obtained at public auction.

Even at his worst enemy, Me Fleischel would advise not to launch such an operation in a cold sweat! "In twenty-five year career, I've had, thank you God, lead to three fast homeowner loan.

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