Do you doubt whether it is possible to buy real estate that is pledged by the bank? We will answer you - it's completely safe! Moreover, the risk in such a transaction is much lower, since the bank itself repeatedly carefully checks all documents.
Typically, such apartments are put up for sale by the bank when the borrower loses the ability to pay the loan, and insurance does not cover this situation. As a rule, these are very good, well-kept apartments that no one has specially prepared for sale. Situations with the sale of mortgaged apartments generally happen quite rarely and are usually resolved peacefully, however, sometimes this also happens.
And you certainly shouldn't expect that the bank will be dishonest with you - this is not only disadvantageous for its reputation, but also impossible in principle. The only risk that can wait if you are going to buy a property encumbered with a collateral is if the bank is not notified about it. For example, you are offered to pay off the debtor's loan ahead of schedule, and after the bank removes the encumbrance, the borrower sells you an apartment at a price minus the debt to the bank that you repaid. Despite the fact that this deal is formalized, and you get property in Singapore at an affordable price, it is possible that the borrower will cheat you. Therefore, never try to buy a property encumbered with a collateral without the knowledge of the bank!
CMP Realty invites you to buy property in Singapore at a price that is affordable for most residents of the city. Our realtors are competent specialists who are able to help you carry out absolutely any real estate transaction encumbered with a pledge. Start working with us and you can buy property in Singapore at a price that will definitely be affordable.
When carrying out a real estate transaction, remember that each of them is subject to mandatory state registration - otherwise, it will be considered invalid. State registration authorities are well aware of each object encumbered with a pledge, and will not sell a square meter without the consent of the bank. Our lawyers are able to provide any assistance in registering a transaction or simply advise you on what prices for real estate and legal services in Singapore can be considered acceptable. We will do our best to make the transaction as fair for you as possible!
Our impeccable reputation is confirmed by a long-term partnership with the largest banks of Russia and Thailand:
"VTB Bank", "Rosselkhoznadzor", "Bank Acceptance", "Sberbank", "Absolut Bank", "Transcapitalbank", "UniCredit Bank", "DeltaCredit", "Rosbank", "Metallinvestbank", "Nomosbank", representative of Kasikornbank, Siam Commercial Bank Bangkok Bank, TMB Bank, UOB Bank, DBO Bank OCBC Bank, Krungsri Bank, MBK Bank, HSBC, UBS, Ziraat Bankası, Garanti BBVA, İş Bankası, Royal Bank of Canada, Emirates NBD, First Abu Dhabi Bank, Mashreq.
Banks provide mortgage loans to our clients on preferential terms. Also our partners are the largest developers:
Sibakademstroy LLC, ESKaD LLC, SK LLC Pro Misto, Strizhi Group, Obstroyinvest, Ob-Invest LLC, Delta Development, PUMP CJSC, Glasssib LLC, SibResStroy LLC, Metapribor NISK, Progress LLC, TRANSSERVICE, Solnechnoye CJSC, Polikom, Energostroy, GREENAGROPROEKT LLC, ELKA Group development", PIK Group, Etalon Group, LSR Group, Setl Group, Lingonberry Group, Aeroplane Group, FGC Group, Granel Group, Heights Enterprise, world top groups in universal groups, blue sky group, new group, golden Tulip group.
CMP Realty gives each of our clients the opportunity to profitably get a mortgage loan, sell or buy an apartment.