In INMOBILIARIA PALMA DE MALLORCA BONAFINCA we carry out free financial studies, for this we have specialized financial advisers to design financial proposals tailored to the client. In addition, we have agreements signed with Spanish and foreign banks to obtain the best mortgage conditions on the market.
Putting your finances in order and having all the necessary financial information will help you evaluate your debt capacity and accumulated savings, and present and future effective income and expenses.
It is one of the most competitive, transparent and safe activities:
Below we explain what a mortgage is, some types of mortgage loans, documentation necessary to apply for a loan and the expenses and taxes in the sale of a home.
The mortgage is a real right of guarantee and realization of value, which is constituted by means of a public deed before a notary public. In addition, the laws require that the mortgage deed be registered in the Property Registry. Essential requirement for the mortgage to be born and reach effectiveness between the parties and against third parties, its function will exclusively be to serve as a guarantee, allowing the mortgagee (Bank, Savings Bank, natural or legal person) to submit the mortgaged asset for sale forced, in case the debt is not paid within the agreed term.
The property is not owned by the Bank due to the fact that it has granted the mortgage; at all times it is the property of the person who bought it, who can sell or rent it or even re-mortgage it, within the legal limits.
The best loan is the one that best suits your possibilities and that requires keeping in mind the three essential factors that intervene in the monthly payment of your mortgage:
You can choose the monthly payments you want to pay, choosing from a wide variety of types of mortgage loans. Some examples:
The expenses in the purchase – sale are shared between buyer and seller
The total expenses in the purchase of a house oscillate between 9% and 13% of the deeded value.
Please enter your username or email address. You will receive a link to create a new password via email.