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ewheat
Joined: 15 Nov 2012 Posts: 11
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Posted: Fri Nov 16, 2012 3:10 pm Post subject: Mortgages in real estate |
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In recent years, many economists have recognized that the lack of effective real estate laws can be a significant barrier to investment in many developing countries. In most societies, rich and poor, a significant fraction of the total wealth is in the form of land and buildings.
In most advanced economies, the main source of capital used by individuals and small companies to purchase and improve land and buildings is mortgage loans (or other instruments). These are loans for which the real property itself constitutes collateral. Banks are willing to make such loans at favorable rates in large part because, if the borrower does not make payments, the lender canforeclose by filing a court action which allows them to take back the property and sell it to get their money back. For investors, profitability can be enhanced by using an off plan or pre-construction strategy to purchase at a lower price which is often the case in the pre-construction phase of development
But in many developing countries there is no effective means by which a lender could foreclose, so the mortgage loan industry, as such, either does not exist at all or is only available to members of privileged social classes. _________________ pharmacy coupons |
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tm-clev
Joined: 03 May 2013 Posts: 2
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Posted: Fri May 03, 2013 3:34 am Post subject: |
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| Anyone looking for a vacation home, explore http://markiproperty.com/ and many options available to them especially in Koh Samui real estate. This high quality community with attractive option available for those, looking for Koh Samui real estate, as the real estate has kept its pace with great development activities taking place over here. |
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Jerry
Joined: 09 Jul 2013 Posts: 1
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Posted: Tue Jul 09, 2013 9:41 am Post subject: |
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