Under the roof of the house ... no longer own: how to sell an apartment in a mortgage

There are often situations when someone sells an excessliving space and wants to make a deal as quickly as possible, but as luck would have it, there are no customers ready to pay right now - everyone plans to acquire their own square meters by resorting to a mortgage loan. How to sell an apartment in a mortgage, not for cash? What nuances do you expect as a seller of real estate, if you are ready to contact a bank customer? What is the difference between the sale of housing through a mortgage from the usual scheme with payment from own funds?

What are the advantages of selling through a mortgage?

Do not strongly worry and think about howsell an apartment in a mortgage, better get acquainted first with all the advantages that will bring you a deal involving the bank. First of all, it is necessary to understand that if you have agreed with the buyers, then they will not be able to refuse to purchase your square meters, because the bank will approve the purchase of your apartment, and you will only have to wait calmly for the receipt of funds. The purchase guarantee with prior approval will allow you to relax and not lose the customer.

Do not worry about a number of formalities ifyou are thinking how to sell an apartment in a mortgage - the bank will undertake or obliges the borrower to fulfill part of the concerns for preparing documents, conducting an independent assessment, proving the legal purity of the transaction and collecting other documents. This is a huge plus.

Before you sell an apartment in a mortgage,understand for yourself: you absolutely will receive money exactly on the day when it is stipulated by the terms of the agreement, and no problems with the security of settlements will arise - the bank will control the transfer of funds. In addition, you are certainly not waiting for any substitutions and scams with counterfeit bills or a contract executed in favor of third parties.

By the way, even in the seasonal decline in the marketreal estate or during the crisis you will be able to sell your living space, because the buyer can take the money in the bank, rather than rely on their own strength. You do not even have to make discounts.

What is the difference between selling a living space through a mortgage?

For a while you will find yourself in a limbocondition. We'll have to wait for the bank's decision to issue a mortgage loan for the purchase of a particular apartment, but then everything will go on a rolled-in procedure - the mortgage registration procedure has already been established in all financial structures, and you do not need to think which step is the next - everything is thought out by the lender.

Sweat when preparing a property tosale it is necessary both to the buyer, and the seller. The bank will require a solid package of documents with data on the purchased apartment. Deciding how to sell an apartment through a mortgage, you will need to first prove that it meets the stringent requirements and mortgage loan conditions of this particular bank.

When submitting documents for registration, as well as whenfiling an application with the bank in the package must be all paper on real estate. The bank does not issue loans for illiquid assets, and the living space must be sold at a market price. So you can not cash in on square meters of obscene quality at an inflated price.

Sell ​​an apartment for Sberbank's mortgage quiteperhaps, despite the opinion that this is the most finicky lender in the country. But he has every right to be so, because he offers the lowest cost of borrowed funds and ensures high reliability of transactions.