Everyone knows that not everyone can afford to buy an apartment, even the slightest, because of its high cost. For young families, with their low income, it is generally an unattainable goal. ll Client Solutions has to say. How to be in this situation? Can rent an apartment or get a mortgage. Let’s consider these two options in more detail. Rental apartments are now very popular. Relatively small monetary investment and a large number of proposals makes this method very attractive. Enough to have on hand some advance and you can easily rent an apartment and live apart from relatives. However, this option has its drawbacks. A landlord can raise the rent at any time. Many people living in rented apartments, do not buy their appliances or furniture, as during a possible relocation, it will be damaged.
Just for this reason that very few people willing to do good repair in a rented apartment. Therefore, young families with children who spent long periods living in other people’s homes and do not have the opportunity to improve their living conditions. We now turn to the alternative rent – mortgage. Mechanism mortgage lets you take a loan to buy an apartment without bail for a very long time. To be more precise, the mortgage still exists – it acquired real estate. Typically, banks provide such loans on term of ten years. The main advantage of mortgage is that the amount of payments on the loan is comparable to the monthly rent. After registration of a package of documents you get the opportunity to immediately to enter the apartment, as well as to register yourself and all family members. This is especially valuable for those parents who have young children – for not having a residence permit to arrange a child in kindergarten or take to the hospital on a residence in our time is very problematic. As another advantage can be noted that in the purchased mortgage apartment can make a good repair and furnish it with his furniture. Purchasing an apartment in the loan still has their disadvantage. Buying a home mortgage, you overpay bank for its cash very large sum, which is comparable to the cost of even one such apartment. In fact, you buy another bank apartment! But real estate today is so expensive that collect such sum directly is very difficult.