Bookwin Home Improvement

March 3rd, 2010 Tagged way over credit, mortgages way over, over credit, over credit BTN, over, mortgage loans, home loans over BTN, the agreement over home loans, home loans over the procedures, processes over home loans, refinance loans

Over the mortgage loan is the process of transferring old home of the debtor party to the new debtor.

For example: Suppose Bayu has bought a house with a mortgage term of 15 years. Then in the 10th Bayu wanted to sell his home to Diana. Diana can buy a house according to Bayu asking price plus the outstanding loan principal is still there and then Bayu repay home loans in the bank. Or the second step, Diana wants to pay the price of credit Bayu Bayu and continue until paid off after a period of 15 years.

This second process is the process of credit over kpr. So we replace the credit installment payments of others whose homes we buy.

In the process of credit over this house there are several ways in which each affects the way the ruling on the legality of the document. You need to choose the right where the most secure way for you to be on time if it was paid off over credit kpr you can take the Certificate of Houses in the bank with ease and without constraints.

Through Notary Process

In this process, you and the seller contact the notary and submit your intention to do over the mortgage on the home seller.

You and the seller is required to include supporting documents such as:

1. Copy of Credit Agreement
2. Copy of existing Certificate of bank stamp it
3. Photocopy IMB
4. Copy of the UN which has been paid
5. Copy of proof of payment installments
6. Original passbook accounts numbered for installment payments
7. Data sellers and buyers, such as ID card, family card, marriage and sebagianya Books.

Notary public and then make a Deed of Sale and purchase agreements for transfer of land and buildings which are referred to the following Letter of Authorization to pay the remaining installments and the power to retrieve the certificate. The seller then makes Letter Statement / Notice that this has happened over the obligations and rights of credit and collateral in question.

The letter is addressed to the bank statement. So since this transfer, although the installment and the certificate is still in the name of the seller, but because his rights have shifted the seller no longer be eligible to redeem himself and take the original certificates pertaining to the BTN.

Then making a binding Deed of Sale and Purchase Agreement and further oelh you and the seller went to bank and mortgage providers to deliver documents obtained from the Notary.

In this process the transactions that occur tend to be securely held in front of the law because state officials are authorized notary public. Referred to could be sold back home by making the selling power of attorney consistent with applicable regulations.

This process is also relatively cheap compared to the credit in the bank over the process, please also visit rumahdanproperti [.] Com to find homes for sale in Jakarta and surrounding areas.