The biggest
myths and truths
of real estate financing!
1
The smaller the property, the cheaper the financing is a myth
It is important to be very careful not to analyze a financing by taking into account only the property's footage. After all, other factors are taken into account, such as the city, the neighborhood and even the structure around it.
2
Off-plan properties are cheaper is true
That's right, buying real estate directly on the plant can be an increasingly interesting alternative for those who want to buy at lower prices. In addition, the property tends to value more and more.
3
Funding is a bureaucratic process is a myth
Anyone who thinks that real estate financing is a bureaucratic process is wrong, as this scenario has changed a lot thanks to advances in the area and also because of technology optimizing flows and processes.
4
Financing is better than renting is true
This is exactly the idea of investing in a mortgage instead of renting a property. The split installments end up becoming an investment for your future, rather than just returning the property to the original owner.
5
Any property can be financed is a myth
Many people end up being wrong about this topic, but the truth is that not all real estate can be financed. There are several issues involving this subject and it is necessary to seek information before taking any action.
6
Any institution can finance a property is a myth
It is also important to be very careful before financing a property, after all, not every institution can offer this type of service. Even more necessary is to observe if whoever is offering the credit is really trustworthy.
7
You can finance even with a low income is true
That's right, there are several types of financing aimed at people with low incomes, which opens up a series of opportunities for the purchase of real estate. From government-led programs, as well as the financial institutions themselves doing the same.
8
Advance payment of financing installments is interesting is true
Have you ever thought about reducing interest on total financing? If you have the money on hand, why not pay it in advance? With this, the final value of your property will be cheaper for you, managing to reduce the difference in financing.