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Protect your homes with fire sprinkler system read more

July 9, 2013

How to choose the right type of gates for your house read more

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Tips to protect yourself from mortgage fraud

Buying an apartment on credit, it should be remembered that such a booming market could not be overlooked by fraudsters. It is therefore necessary to take precautions so in order to avoid negative emotions connected with swindlers. Getting a loan for housing - one of the most important events in the life of the family that is why it is better not to hurry. It is better to solve all questions calmly and systematically, if you want your long-awaited housing to become truly and legally yours. In order for the buyer to protect himself, he must be familiar with the main types of fraud in the mortgage.
1. The recognition of the transaction of sale is invalid. Buying real estate loans in the secondary market should not forget the fact that the transaction may be declared invalid for one reason or another.
2. Sale of leased apartments. Possible attempt to sell a rented apartment, in spite of fake documents.
3. The sale of housing, size and other parameters of which do not meet with the stated. Possible that the actual size will be different based on the forged documents.

Read more how to select a reliable mortgage brokerage firm

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