To many, the dream of owning a home seems like an impossible thing. Much of this perception is in the cost of a property: it is high and far beyond what the average Brazilian can afford. In this context, there is no alternative but to look for the scenarios available in the market. The loan to buy property is one of them. However, although it seems like a very interesting proposal, there are some points to consider in this modality. In this post, we will explain to you what they are. Check out. With the FHA mortgage this is important now.
What are the disadvantages of loan to buy property?
This type of loan or financing works as follows: the consumer makes an agreement with the institution to pay part of the value of the property and in return commits to repay this amount in installments, with interest, for a …