House Prices

Real estate is one of the most reliable and profitable ways to invest. Particularly relevant this statement was in response to the crisis in the global securities market, the consequences of which affected the Russian stock exchanges. Many investors who invest in stocks and bonds, drew attention to other ways to preserve and multiply their capital. For real estate, as one of the objects for investment are showing increasing interest. That, in turn, causes an increase in demand for housing. However, the situation can hardly be seen as the cause of the rise in property prices.

The recent while the rising cost of housing is due not so much a difficulty of the Russian stock market, and a significant expansion of mortgage lending. What impact will the cost per square meter price increase basic building materials? On the one hand, the rise in cement and other materials used in high-rise building, inevitably raises the bar for the cost of urban housing. On the other – the trend forcing builders to seek "maloetazhke", to use less expensive wood frame housing technology. Soon the amount of housing supply will increase due to market large-scale projects quarterly development. The city is implementing a number of projects for the integrated development of areas where plans to build millions of square meters of housing. Significantly raise the offer. Its role in curbing prices may play out in the market of St. Petersburg Moscow's major developers. His projects have already implemented such construction giants such as "Glavmostroy" and SU-155.

Northwest Territories

"Monosyllabic superheroes, who would not pass the Turing test," "X-Men: Origins. Wolverine "finally answer the burning question hanging in the air since the three previous" Wolverine "movie – the origin of Logan, whose joints longer hide the terrible blade. He was about 175 years old, he apparently stopped in the development, reaching the age of Hugh Jackman, and neither he nor we will not know how he got such an interesting mutation. His half-brother was Victor (Liev Schreiber). Their story begins "in the v1840 North-Western Territories of Canada" – a skillful fraud, since Canada was founded only in 1867, and the Northwest Territories it appeared in 1870. But you were not on the lesson stories come from? Maybe you want to know (if you need to know it of course) that Logan and Victor became an American (even before they could be Canadians), and fought side by side in the Civil War, the First World War I, World War II and Vietnam. Why they did this, I have no idea.

Maybe they're just having fun. Returning from the Vietnam War, Logan / Wolverine joined a secret squad of General Stryker (Danny Huston), until finally, in Nigeria, he was not sated by the atrocities his throat. However, he took part in an undercover operation Stryker highest category – the creation of Mutant Mutants, which would connect all the mutants, including the ability to emit a kid from the eye laser beams. I'm being disrespectful to this material? Can you beat on it for a mortgage.

Housing Mortgage Lending

Comes to its logical conclusion, the implementation of one of the priority national projects designed to address the global issue of all time – ensuring proper zhilemkazhdoy Russian family. Time to preliminary results, carry out, so to speak, "debriefing". If we look at legislation to clarify the question of how exactly the source of regulations, called the people "Priority national project "Affordable and Comfortable Housing – to Russian citizens" governed relations associated with the solution to the "housing problem" is unlikely to fully satisfy your curiosity. The fact is that on their all the priority national projects are lishuslovnye designations do not represent any single document (eg, law or regulation) of the same name, and define a common vision, aimed at fulfilling some of paramount political problem. However, as the government carries out its functions and implements policy decisions cherezizdanie regulations, the respectively, and programs in housing, it carries through rulemaking. In particular, as a mechanism for implementing the priority national project "Affordable and Comfortable Housing – Citizens of Russia "is used federal program" Housing "for 2002 – 2010 years. In turn, this program is composed of four sub-programs: 1) "Providing land to municipal infrastructure for housing construction, "2)" Modernization of municipal infrastructure facilities, "3)" Housing for young families "4)" Implementation of state obligations to provide housing for groups of citizens, established by federal law. " (To those, in particular, the routines: a) "State Housing Certificates for 2004 – 2010" b) "Resettlement of Russian citizens from dilapidated Housing Fund ", c)" Housing for participants of the liquidation of consequences of radiation accidents and disasters ", d)" Housing for Russian citizens to be resettlement to complex "Baikonur", e) "Ensuring housing for refugees and internally displaced persons in the Russian Federation ", e), and others). The program has two main areas: Housing Mortgage Lending (priority) and subsidies acquisition of housing. Only the first phase of the activities listed by the State routines were spent over 59 billion rubles.

MBS Bonds

Mortgage participation certificates, unlike bonds, have no fixed income and the nominal value. Yield of these securities depends on how well the company, which trust mortgage, will collect payments on mortgage loans. Although, in the event of bankruptcy of the management company, the holders of certificates also are not in danger of losing money – funds are management of the company and can not be used to repay its debts to creditors. The risk of defaults on mortgage bonds, is directly connected with its software. Providing real estate and the state guarantee for mortgage bonds suggests that they are less risky (and profitable) than corporate bonds, but more profitable than the state. Total MBS are characterized by such factors as reliability, transparency, accessibility and sustainability.

Mortgage-backed securities in the form of bonds were well known in pre-revolutionary Russia, and enjoyed great popularity among the population, since bringing in a steady income prescribed percentage, and could be sold on the exchange at any time. For the same reasons modern Russian MBS will always be attractive for both domestic and overseas investors. Today, mortgage securities are in demand worldwide. They are provided with real estate, which is always a price. That means a guarantee of profitability this financial instrument is the dynamics of growth in property prices. In million cities in recent years, the average rise in house prices is about 30% per year. In recent years, in some regions it rose to 50%. Of course, not every kind of investment can bring similar earnings.

HMLA Borrowers

In addition, there is another problem – mortgage loans in foreign currency. Low interest rates in foreign countries (such as Switzerland or Japan) allowed our banks to hold a "cheap" money and respectively, to give their customers a lower rate. Banks grant loans in dollars and euros, roughly at 9% per annum in rubles – 10-12%, yen and francs – 5-7% per annum, and given the inflated cost of real estate Moscow and Moscow suburbs the borrowers did not have the loan amount in rubles on the Moscow housing, so willing to buy an apartment on the mortgage is nothing to do but take out a loan in exotic currencies. Due to the devaluation of the ruble payment on the loan has become much larger, so the probability of increase of defaults on foreign currency loans. Least of all borrowers have lost sources of income in foreign currency, the respective currency of credit. Therefore, the majority, that is denominated borrowing had to be a lot easier than the holders of loans in other currencies. "More than just" bad luck "get loans in Japanese yen. From June 2008 to February 2009, this exotic for Russian citizens of the currency became more expensive by 80%.

Following are the borrowers who received loans in dollars – the growth of the ruble value of U.S. currency over the same period was 52%, "- said Denis Remizov, head of product Managers BTA. Also complicated the situation for borrowers with floating interest rate that is tied to the situation in the interbank lending market and changes over time depending on the value of money, which has increased considerably. To help borrowers and reduce the number of defaults, the Russian government and HMLA developed a program to restructure mortgage loans. Get help from the state (credit for one year) for this program borrowers can only be, if they meet the requirements ARIZHK. According to market experts, the conditions are very strict. Thus, to qualify for public assistance for borrowers for the soul should not be no assets other than mortgage apartment, even with the bank.

The Transaction

These apartments are 20-30% cheaper than the market. If you clearly know what you want and realize that enough money, do not have endless view. Have a professional Realtors have that sort of rule that the customer must make their choice at 5-6 viewing. In general, it is justified. If a realtor pro, then it will only offer suitable options. In my practice, there were people who viewed more than 50 apartments. Believe me, they have the hell of a lot of trouble themselves, tortured estate agent, and eventually took an apartment is worse than initially proposed. Time passed, prices jumped, and had to take not what you like, and what's left.

Okay, apartment chosen. Now we have to pay an advance or deposit to "stake out" option you like. What's the difference. Under current law, if the party receiving the deposit waives the transaction, then it should return advance in double time. That's the whole difference.

If you refuse the deal, no down payment, no down payment seller will not return to you. But I've never seen a down payment returned voluntarily to double. Almost certainly you will have to go to court, pay court costs, spending lots of time to meetings and litigation. Therefore, the parties usually agree to return only the input amount no matter what the name of the contract. You, as buyer necessary to insist that it had been prescribed certain conditions. After all, you have a mortgage, which means increased demands on the documents and terms. First, be sure to specify in the contract that the apartment is purchased and a mortgage loan. Second, specify the list of documents that the seller should provide you with. Prescribe that the sellers agree to put in an apartment representative assessment of the company. It is also necessary specify in the contract that all documents must be provided to you within 5-10 days prior to the transaction or the termination of the contract. After all, if you get the documents on the last day, we prepare all necessary documentation to deal would be unrealistic, and the next day, sellers can advance or deposit you will not return, and again put the apartment up for sale. It's you of the provision did not come to a deal. Also specify in the contract that case of failure of the bank to provide credit for the purchase of the apartment or take out an insurance company for insurance of this apartment, down payment (deposit) will be returned in full. For hedging, the contract is better conclude the month. Documents can be collected is usually 7-10 days, plus 10 days to prepare the transaction – for 20 days and 10 days at different force majeure. Get faster – great. Have problems – you have time to spare. If you work with a realtor, adjust it to the fact that he regularly reported to the work done. Keep your finger on the pulse. Call the bank, specify the situation. With real estate agent talk at least 3-4 times a week. After the flats call bank at least 2 times a week. It's your deal, your apartment, so do not let things take their course. And how is the deal, we'll talk in the next article.

Getting a Mortgage

In a joint program of the client can get a bank's decision to grant a mortgage loan, as well as to order the necessary list of real estate services in the region of residence, and search services or selling real estate approval of the apartment in the bank, real estate appraisal, insurance, delivery and execution of the sale are the location of the property. Affiliate program provides an opportunity to use the services of the holding 'Miel' and KMB-Bank in St. Petersburg or Moscow, depending on where you live to get the full range of real estate and banking services in the market of another city. The range of services the program coincides with the power, traditionally provided by the parties and lets you save time and money of clients. "The purpose of our interaction – the dream of people who want to buy, sell or exchange property, located in St. Petersburg or Moscow with the use of loan funds – says the director of the St.

Petersburg branch of "Miel" Maria Sorokina. – Experience of holding "Miel" for the long-distance transactions, as well as experience KMB-BANK, the bank group "Intesa Sanpaolo" in mortgage lending helps to ensure maximum comfort and safety when carrying out such real estate transactions. " Holding "Miel" – the supplier intellectual services in real estate. Its principal activities are investment, development, consulting, brokerage and asset management. "Miel" in the Russian market for about 18 years. On today the network has 37 offices Holding, of which 6 are located in suburbs, 7 – in the regions.

Interior Design

Buying a new home or building a country house – really a landmark event in the life of every person, often go to him for years, working hard, and it is not surprising that the process of buying homes Most of us are treated with the utmost seriousness. So what shoppers pay attention to the new living space? It all begins with an assessment of their own material forces, on the basis of which choice is the area of the future residence, flat area and the method of payment (whether it will pay immediately and completely, or have recourse to the mortgage, which leads also to a long and difficult search for a bank with acceptable terms). Often it is the place location of housing is the predominant factor in front of the area, and many are considering the purchase of smaller squares in a good area as a successful alternative to the 'mansion on the outskirts. " Also, in recent years increasingly gaining popularity country cottages as a place of permanent residence. Indeed, the emergence of a large number of villages with developed infrastructure in close proximity to residential areas allows you to combine all the charms of a civilized life with silence, solitude and excellent environment, impossible anywhere else as out of town. Having defined the place and the budget comes time thinking over the choice of a mediator: whether contact the real estate agency where help pick the best option and properly execute all documents or try to crank out a deal yourself, save some hard-earned? Each determines for itself himself to the best of his knowledge in this matter.

Privatbank

Privatbank out an action to attract new customers and agents (all completely free of charge). Agent – a person who will attract new customers to the bank and pridlagat of products of the bank. For an agent receives a substantial payment. It does not matter whether you have a main job or not, you dispose of your time for yourself. You have no obligations to the bank. You yourself choose how much to spend time on the job. By the way for campaigning customer goes to 15 minutes, and pay an average of about 100 UAH (worth considering).

Privlikat can absolutely everyone: parents, relatives, friends, acquaintances and passers-by (the choice for you). Also, among all customers and agents are held Regular contests and promotions. Also, for agents organizovuyutsya special free courses. Everything is simple and easy. One has only to try and all will be dismantled quickly and, most importantly earn. And recall that Article Privat each agent can and it's absolutely free. Privatbank offers: to issue credit cards to attract agents to the issuance of mini cards, card issuing junior, on the issue of pension cards, issuing social security cards, issuing cards Gold and Platinum, for issuing fuel cards, payroll cards, the payment card.

Also produces Privatbank receiving payments from the population to pay for public services and taxes, grant a security mortgage and the cells in the vaults, car insurance and collateral credit and other services. Everyone is strongly encouraged to be partners of the bank, because at Privatbank wide network of branches and ATMs and you nebudet trouble finding the place where contact chto_by cashed his own expense. The Bank is renowned for its excellent staff and the ability to work with people. I chose Privatbank and recommend you to:)

Cash Loan

Among the huge variety of credit offers from banks, an inexperienced person rather difficult to choose the best option. However, despite the complexity, making it certainly will. After all, you do not want pay more extra money, paying bank interest. Of course, the potential borrower is always a choice. For example, ask for help from financial adviser or mortgage broker. Of course, their services are not can be free. Otherwise, you can always, putting some effort yourself to understand all the intricacies of the credit relationship.

Of course, we must bear in mind that some types of lending, such as mortgages, require considerably more time and effort, rather than, for example, cash loans. In any case, you need to weigh all the pros and cons in order to choose the most optimal solution for you. That regards, cash loan, this type of lending is the simplest in terms of understanding its features. Therefore, almost any potential borrower is able to understand it. And for it to be easier to pay attention to several recommendations regarding this type of loan. In the first place to soberly assess their financial capabilities, namely, how much money you can safely to their budget paying bank. Pay attention not only on the interest rate on the loan, but the various commissions, since all it increases the cost of credit.

Ask the credit inspector calculated for you monthly payment previously told him about the desired amount. After that Relate this amount to your financial capabilities. Evaluate proposals from different banks, and only then choose the highest-credit program. Perhaps it said a thousand times or you've heard about it a little, but, nevertheless, once again the need for careful reading of the loan agreement. Typically, most problematic situation arises from the fact that missed some moments when signing the latter.