In many cases, the process of buying a house with a system of credit shift gears more difficult than buying a house from developers by way of credit submitted directly to the bank. How wise to buy a house or apartment through a system of credit shift gears?
Here follow a few tips you should look when wanting to buy mortgages or credit shift gears through the NAC, as summarized KONTAN from a number of financial planners:
3. See previous borrowers credit history
This point is very important, because, in many cases, the debtor before someone is delinquent mortgage home loan or NAC to the bank lenders. "If this is not addressed, the buyer would be harmed from this process," said Rakhmi Pematasari, financial planners from Safir Senduk & Partners.
Similar advice is disclosed Mike Rini, financial planners from MRE Financial & Advisory Bussines. According to him, whose names shift gears mortgage loans or KPA, not simply transfer property assets, but also transfer the old owner's debt to the new owner. "You have to know, whether the owner has outstanding debt or not. Do not let us buy a house that no outstanding debt, principal plus interest and penalty. It definitely hurt," he advised.
To know there is no outstanding debt or mortgage, you should ask for proof print out the owner of the old loan payment. "The point is, do not let us buy a cat in a sack. If the old owner was not able to cover the debt, we may repay the principal plus interest. But, not with tunggakannya penalty," added Mike.
4. View house facilities
According to Mike, when it intends to buy a home either through cash or credit shift gears, you first must determine the destination. Is the house for a residence or investment. Well, if as a place to stay, things to see when buying a house or apartment shift gears through credit is a means and facilities.
For example, Mike said, whether the house could be purchased which will accommodate the needs of households. It could just shift gears when buying a home loan, you do not already have a child. "Well, if the house was enough if there are children in the future. For example, a location near the market, toll roads, public facilities, safe environment, and various other facilities," he said.
5. Check document
Make sure the document or certificate which will house the original purchase. Of course, if the home mortgage or KPA, the original documents are still stored in the bank that provides loans to owners of old. "But, prospective buyers can get a copy of documents at the old owner. After that, you need to match to the bank with the old owner," said Mike.
To make sure, you can ask for help notary. Prior to the sale and purchase, a notary will check the authenticity of the document. If you take a home loan from a bank or KPA you choose, the legal division of the bank will check the authenticity of the document.
6. Keep track records
For bank credit application is approved, according to Budi, customers need to keep track of credit records. Because the customer credit record was recorded in the Debtor Information System (SID) in Bank Indonesia. SID credit report card informs customers that have been and never use credit. "Automatically, if his report card signed in red or black category list, any credit type can not be approved banks," added Mike.
Can Pass Through Notary or Bank Loans
With a variety of reasons, now many people in this country to buy a house through a system of mortgage credit over and KPA in the bank. However, the process of transferring property assets and the credit with the system itself is not easy. What to watch?
In the process of credit over mortgage or apartment (KPA), there are several ways. Each way affect the legality of legal documents. You need to choose which method is most secure for the time mortgage is paid off, you can take home a certificate at the bank with ease and without constraints.
One of them, the process of mortgage credit shift gears or NAC could use the services of a notary. In this process, you and the seller contact deed and convey your intention to do shift gears on the home loan with the seller.
Here, you and the seller must include supporting documents. Call it, a copy of the credit agreement, photocopy of bank stamp certificates listed, copy of building permits (IMB), photocopies of documents of land and building tax (PBB), which has been paid, a copy of the installment payments, savings books numbered accounts for installment payments, and data private sellers and buyers, such as ID cards, family cards, and marriage.
Notary then make Deed Sale and Purchase (APJB) on transfer of rights to land and buildings in question, following Letter of Authorization to pay the remaining installments and the power to take the certificate. Furthermore, the seller made a statement or notice that has occurred over the obligation and right to credit and collateral. Letter addressed to the bank statement.
Meanwhile, the shift gears in bank credit is based on a number of procedures. Among other things, after the seller and buyer have agreed to the price of credit shift gears a house or apartment, then there are several processes that must be overcome. First, the buyer filed an application to bank mortgage loans shift gears. If the petition is approved, the bank will give details of funds that can be obtained the buyer.
If we agree with the value of the funds will be given bank, the bank will disburse the funds after all requirements are met. The Bank will pay the remaining credit from the seller to the old bank or transfer directly into the seller's account to be paid to the old bank.
Final stage is that we can occupy the new house after the credit agreement is completed and the installment payment home loans that shift gears according to the agreement. "The selection process needs to be thought through because each method has advantages and disadvantages," said Rakhmi
Showing posts with label personal finance. Show all posts
Showing posts with label personal finance. Show all posts
Saturday, April 30, 2011
purchase home by bank loans (1)
First Business opportunity: Having a dream home every household. By having their own home, we can freely manage the household, select a design house, and adjust the layout of goods according to taste. so the house we live in will provide security and comfort.
So normal that many of us who work hard, to raise money for to buy a house. Although, the purchase is done through credit or installment payments through a bank (the mortgage / housing loan).
In fact, instead of getting that dream house within your budget, now many people buy a shift gears by means of credit (credit refinance). Typically, this is defined as a form of transfer of mortgage loans or mortgage apartment (KPA) of the old owner to new owner.
However, in many cases, the process of buying a house with a system of credit shift gears more difficult than buying a house from developers by way of credit submitted directly to the bank. Understandably, the document usually home to be purchased is stored in a bank, such bank A. So, if the new debtor party to get credit from the bank B, bank A is not necessarily willing to provide these documents with quick and easy process.
More woe, not a few people who do not understand the processes and procedures in the transfer of mortgage or KPA earlier. As a result, the original intention to profit from buying a house or apartment with loan shift gears, they actually lose. This system can be very dangerous if the buyer does not understand the rules, "said Rakhmi Pematasari, financial planners from Safir Senduk & Partners.
According Rakhmi, the debtors could have long had a problem on his home loan. Or, when buying a house, the new debtor more power to choose how to transfer. In fact, it turns out support letters of credit shift gears for the transfer of power was not quite complete, so the bank refused to provide the original certificate to the debtor a new home when the loan has been completed.
Already there are things
However, continued Rakhmi, buying a house through a system of mortgage credit shift gears or NAC also has a side benefit. At least, when doing shift gears credit, house or apartment is handed over, or already built but age has not been too long. So, the buyer already had a picture directly about what form his house, where his house shortages, could even count the ability to pay the mortgage.
According to Budi Triadi Pratt, a financial planner from Akbar's Financial Check Up, shift gears or KPA credit mortgage property can be a financial or bank transfer antarinstitusi. That is, mortgage or KPA is in the bank A was transferred to bank B. Of course, this scheme can not always run. It depends on the inter-bank policy.
However, typically, credit transfer scheme used by customers to get more facilities. "Can be a more competitive loan rates, ease of payment, more flexible repayment schemes, or other facilities which are considered cheaper than the previous bank facility," said Budi.
Other forms of credit transfer is a transfer of ownership of credit. In short, ownership of property from the debtor A move to B. These schemes typically use the same bank. Can also use different banks as the previous scheme. In this scheme, which take into account is the condition of credit approval to be transferred. For, if the credit application is not approved, the transfer can not occur.
So, how do wise to buy a house or apartment through a system of credit shift gears? Here are some tips that you should look when wanting to buy mortgages or credit shift gears through the NAC, as summarized KONTAN from a number of financial planners:
1. Calculate the cost of the purchase transaction
The first step is to know when buying a house or apartment through a mortgage loan or shift gears KPA is to first calculate the costs to be incurred for this process, such as cost of purchase to the seller and the costs of bank credit to shift gears. "This is to ensure, whether mortgages or KPA offered credit commensurate shift gears or not compared to buying new or cash," said Rakhmi.
Mike Rini, a financial planner from MRE Financial & Bussines Advisory added, before paying a sum of money for mortgages or NAC from the old owner, you should negotiate first.
At the very least, the negotiations related to the selling price of the property would be transferred. So you have to ask the old owners, how many years already repay the mortgage. If a new mortgage to pay 24 months of mortgage term of 15 years, mean home price negotiation around figures who have long installment of the owner. "Because, for two years, he was already getting the benefits that we will buy a house," said Mike.
2. See fee installment
Budi reminded, however, shift gears system of credit is owed scheme. So, you need to consider the financial capability. In particular, the ability to repay the mortgage or KPA. Once approved use mortgage facilities, or KPA, the property has not been directly into customers' rights fully.
Customers still have the obligation to settle the debt. "Property which uses a new credit can be stated as an asset if it is paid off. So, note that there is a routine obligation aka installment," suggested Budi. Ideally, a large mortgage costs do not increase the total of your debt. Total mortgage debt that may have a maximum of 30% of monthly income, "he said.
If the total debt of more than 30%, net debt should be big. How, could pay off some existing debt or extend the term of the debt. This is the expectation value of the debt repayments can be reduced. (Continued)
So normal that many of us who work hard, to raise money for to buy a house. Although, the purchase is done through credit or installment payments through a bank (the mortgage / housing loan).
In fact, instead of getting that dream house within your budget, now many people buy a shift gears by means of credit (credit refinance). Typically, this is defined as a form of transfer of mortgage loans or mortgage apartment (KPA) of the old owner to new owner.
However, in many cases, the process of buying a house with a system of credit shift gears more difficult than buying a house from developers by way of credit submitted directly to the bank. Understandably, the document usually home to be purchased is stored in a bank, such bank A. So, if the new debtor party to get credit from the bank B, bank A is not necessarily willing to provide these documents with quick and easy process.
More woe, not a few people who do not understand the processes and procedures in the transfer of mortgage or KPA earlier. As a result, the original intention to profit from buying a house or apartment with loan shift gears, they actually lose. This system can be very dangerous if the buyer does not understand the rules, "said Rakhmi Pematasari, financial planners from Safir Senduk & Partners.
According Rakhmi, the debtors could have long had a problem on his home loan. Or, when buying a house, the new debtor more power to choose how to transfer. In fact, it turns out support letters of credit shift gears for the transfer of power was not quite complete, so the bank refused to provide the original certificate to the debtor a new home when the loan has been completed.
Already there are things
However, continued Rakhmi, buying a house through a system of mortgage credit shift gears or NAC also has a side benefit. At least, when doing shift gears credit, house or apartment is handed over, or already built but age has not been too long. So, the buyer already had a picture directly about what form his house, where his house shortages, could even count the ability to pay the mortgage.
According to Budi Triadi Pratt, a financial planner from Akbar's Financial Check Up, shift gears or KPA credit mortgage property can be a financial or bank transfer antarinstitusi. That is, mortgage or KPA is in the bank A was transferred to bank B. Of course, this scheme can not always run. It depends on the inter-bank policy.
However, typically, credit transfer scheme used by customers to get more facilities. "Can be a more competitive loan rates, ease of payment, more flexible repayment schemes, or other facilities which are considered cheaper than the previous bank facility," said Budi.
Other forms of credit transfer is a transfer of ownership of credit. In short, ownership of property from the debtor A move to B. These schemes typically use the same bank. Can also use different banks as the previous scheme. In this scheme, which take into account is the condition of credit approval to be transferred. For, if the credit application is not approved, the transfer can not occur.
So, how do wise to buy a house or apartment through a system of credit shift gears? Here are some tips that you should look when wanting to buy mortgages or credit shift gears through the NAC, as summarized KONTAN from a number of financial planners:
1. Calculate the cost of the purchase transaction
The first step is to know when buying a house or apartment through a mortgage loan or shift gears KPA is to first calculate the costs to be incurred for this process, such as cost of purchase to the seller and the costs of bank credit to shift gears. "This is to ensure, whether mortgages or KPA offered credit commensurate shift gears or not compared to buying new or cash," said Rakhmi.
Mike Rini, a financial planner from MRE Financial & Bussines Advisory added, before paying a sum of money for mortgages or NAC from the old owner, you should negotiate first.
At the very least, the negotiations related to the selling price of the property would be transferred. So you have to ask the old owners, how many years already repay the mortgage. If a new mortgage to pay 24 months of mortgage term of 15 years, mean home price negotiation around figures who have long installment of the owner. "Because, for two years, he was already getting the benefits that we will buy a house," said Mike.
2. See fee installment
Budi reminded, however, shift gears system of credit is owed scheme. So, you need to consider the financial capability. In particular, the ability to repay the mortgage or KPA. Once approved use mortgage facilities, or KPA, the property has not been directly into customers' rights fully.
Customers still have the obligation to settle the debt. "Property which uses a new credit can be stated as an asset if it is paid off. So, note that there is a routine obligation aka installment," suggested Budi. Ideally, a large mortgage costs do not increase the total of your debt. Total mortgage debt that may have a maximum of 30% of monthly income, "he said.
If the total debt of more than 30%, net debt should be big. How, could pay off some existing debt or extend the term of the debt. This is the expectation value of the debt repayments can be reduced. (Continued)
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