Month: August 2013

The Mortgage

The mortgage holder without owning the last figure that we will study in the practice resembles the guarantor, although it has some differences that are worth commenting on. It would be the case in which we signed as the deed of mortgage holders but we are not for anything in the buying and selling. We assume a mortgage debt without receiving in return percentage of housing. It is a delicate in terms of taxation position, since it could be considered a disguised donation (if actually paid a portion of the mortgage payments). It has used by some entities to increase the income of the family unit and that an operation passes his scoring. Under the assumption that the holder of the mortgage also pays the fee, the indebtedness ratio improves. Actually rarely happens, since the fake guarantor pays nothing, only afinaza the operation.

basic practical difference with the endorsement is being guarantor we leave in the CIRBE as indirect risk and being owner of the mortgage is listed as direct risk. And it will be harder to get subsequent financing if our risk is direct. These three legal positions are those that primarily use financial institutions to strengthen the operation (in banking jargon), i.e., to have more guarantees of charge if the primary holder of the mortgage does not pay. We have to be very clear is if the formula satisfies us and if we are willing to take the consequences. It should always be put in the worst case scenario: that which has asked the mortgage does not pay. After anything it will serve to complain about bad luck.

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Mortgage Guide

A good blog of mortgages is easier to find than what you believe. Thanks to the efforts of the Organization of content on the informacion.com Internet, we invite you to know the proposals of the mortgage blog more interesting for investors and people common in Spain. Mortgages mortgages is the name of this email address, which is structured so that all Internet users have a credible and instant information of everything that happens in the world of mortgages. There are reports of commercial organizations, financing plans and other important links that have to do with the economic issue. Let discover how mortgages mortgages can help you make the best decisions in this field that moves a lot in the national territory. The first reference that appears on this blog is called AJD Asturias, which explains in detail everything that happens with this organization that administers mortgage processes in this region. It is as if you consult directly with the central offices of this business.

Also the data are complemented with the latest mortgage moves proposed by the company within their action plans. There is no much less outdated or complicated explanations. Everything is properly conformed to the surfer who wants to have a mortgage relationship with this company is documented in the best possible way. Another of the links that have mortgages mortgages is an interesting Mortgage Guide that brings together the most important sectors in Spain with regard to this financial movement. This service, as well as the previous which has been explained, can be found in RSS format so there is possibility of a large number of Internet users to be nourished with this detailed explanation. Each exposure of each company is referred with the experience accumulated during a period of action, so that the surfer may have a greater faculty to make a smart choice about your mortgage service.

There is an interesting branch of topics on the blog that is directly related to the type of mortgages that a client may have the possibility of finding. These titles can be recognized easily as the other divisions in the right part of the mortgage blog. They have different titles as explained, and you just need the customer to pick which most suits you according to your particular interest of financing. Mortgage reverse, 100 mortgages, mortgages to interest fixed, mortgages to joint interest, mortgage interest Variable, Multicurrency mortgages, mortgages for young and mortgages bridge, are the items that are stipulated within this quite interesting area which complements very well the rest of information that accumulates in this web page. A part dedicated to the subrogation of mortgages is also one of the most interesting aid that can be found in mortgages mortgages, aware of the legal problems that often appears within many terms of mortgage relationship. In this case the client requires a course truthful and useful information, and this is one of the intentions of this module.

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Internet Services

Although it declared abusive clauses in Internet services. The magistrate has been partially estimated collective demand that lodged in March the OCU against both financial institutions. Judge protects in a report of the Bank of Spain to hold that the clause floor cannot be considered abusive. When users were winning the battle against clauses soil of mortgages (increasingly more sentences condemn coming from banks and savings banks), comes a sentence that gives reason to banking. A Madrid judge has declared abusive clauses of BBVA and Banco Popular in their Internet services, but instead has validated the soil clauses.

It has been the Juzgado de lo Mercantil number 9 for Madrid has declared void 22 clauses of mortgages and other products of BBVA and Banco Popular by having an abusive and infringing the rights and interests of consumers, although it has validated the use of so-called clauses soil. Judge Javier Yanez has been partly estimated the collective demand that lodged in March the Organization of consumers and users (OCU) against both financial entities, which required that they set aside 51 alleged unfair terms present in five separate contracts. For BBVA sentence demonstrates that banks enjoy freedom to fix the rate of interest to be perceived or how to establish it. In a statement, the Bank chaired by Francisco Gonzalez has stressed that the Madrid Court’s decision is the second that supports the imposition of this minimum interest paid on mortgages, after which dictated the mercantile court number 2 of Alicante on 8 June. A minimum of 3% or 4.5% the judge not considered disproportionate clauses soil applied by BBVA and Popular, which consist in establishing a minimum interest for mortgage holders, which in recent years has proved superior to the Euribor, which has harmed them. In the case of BBVA, the minimum interest was 3%, compared to a maximum of 15%, while the Popular forced to the customers pay a minimum of 4.5%.

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