There is it that the joy of acquisition of the apartment in a mortgage lasts long not really. The cause is there can be a loss of stable income, need of moving or other circumstances. There is a question whether it is possible to sell the apartment in a mortgage. It would seem, this own housing, but it does not belong to the owner completely. Certainly, there are ways, but not all know what it is necessary to pass through.
How to sell the apartment bought in a mortgage by own efforts?
It should be noted that those who whether is interested it is possible to sell the apartment bought in a mortgage if necessary try to be set by sale independently. Only not everyone understands that the work to make it very hardly. First of all, what it is necessary to make, so it to receive the consent of bank. Then the sum of debt is defined and the preliminary agreement with the buyer is concluded. This agreement will need to be assured at the notary. According to the agreement the borrower will have an opportunity to sell the apartment, but her potential buyer will be obliged to repay the remained debt on the credit.
How to sell the apartment under a mortgage by means of credit institution?
Very often the borrower faces a problem when he has no free time for occupations sale of the mortgage real estate. Then the question begins to concern him whether it is possible to sell the apartment in a mortgage without making efforts. Yes, in such situation it is possible to provide this occupation to bank. The credit institution will provide the cell and will place the order for registration. After that the buyer will need to grant a certain sum on depositary of credit institution for repayment of debt. Between the sum of the credit and real estate price the difference which is placed in other cell is calculated. After that have to provide to the borrower the mortgage and he is given a sale opportunity on usual conditions.
Whether it is possible to sell the apartment in a mortgage informally?
Many can ask such question. Yes, informally it is possible. Only for this purpose the borrower will need to find independently the buyer concordant for repayment of a mortgage loan ahead of schedule. Such way has shortcomings and advantages. The shortcoming consists in complexity of finding of the correct buyer who will agree to repay the loan ahead of schedule. Besides in the bank contract there has to be point that at the borrower the right ahead of schedule is had to repay the loan, without imposing of penalties. If in the contract there is such point, then the borrower has the right to sell the apartment, without notification of bank. Just it is required to repay the debt and all will remain in a prize: the bank will receive the money, and the buyer own housing. It is one advantage. And the second is that from behind the prices increasing on the real estate the borrower will have an opportunity to sell the apartment more expensively, than at acquisition cost. Thus, it will be possible not only to sell the mortgage apartment and to repay the debt, but also to receive a reward.
State help
If in family of the borrower there are children, and the remained debt on a mortgage not really big, that is an excellent opportunity at first to repay the loan maternity capital, and then to try to sell the apartment.
It is possible to meet many difficulties, but they are solved. It is necessary to choose the correct way of sale only. But it is necessary to check all points, signing the contract with bank. It is necessary for own safety. It is unknown, can the apartment under a mortgage tomorrow it is necessary sell.
Considering all nuances and subtleties of sale of the mortgage apartment, the transaction will pass successfully and safely.