Spain Real Estate News
Forecasts indicate that demand will continue to be higher than supply in the real estate market. This situation favours the seller. However, to sell a property in 2024 quickly and in the best conditions, it is essential to keep some fundamental aspects in mind.
...continue reading "Selling a Property in 2024: What You Need for the Sale of Your Home"
Mortgage repayment periods are usually long. During that time, many circumstances may arise that make it advisable to change its conditions. The procedure to modify these conditions is called mortgage novation.
The owner of the mortgage must take the step to request the novation. The goal is to save money or obtain more payment facilities. However, the bank can accept or reject it or admit only some of the requested changes.
In most cases, buying and selling a property takes some time; however, it is possible to speed up the process if the homeowner already has all the required documents. If you are going to sell a home, it is likely that you already have some of them. Nevertheless, there'll be documentation that you'll have to request from specific organizations.
...continue reading "What Documents Do You Need to Sell a Home?"
Receiving a property as an inheritance requires carrying out some procedures before selling besides those associated with the sales process. We'll have to assess aspects such as legalization, taxes or even agreements with other heirs. Knowing the steps allows you to face the process with confidence.
...continue reading "What to Do If You Receive a Property as an Inheritance and Want to Sell It"
Mortgage subrogation involves a modification of the loan obtained for buying a property. It is a common request to improve its conditions when circumstances allow it. Besides, it is also a usual practice when selling a property with charges.
Although mortgage subrogation is a frequent operation, it is advisable to know all its details to decide if it is a good idea or not to request it. Learn more about mortgage subrogation below.