There are several key schemes for this period of time, with which you can purchase apartments from the company-developer. All these schemes have both certain advantages directly for the buyer himself and certain risks, including material expenses.
Installment plan from the builder’s company with each subsequent day attracts more and more buyers, regardless of what their financial situation is of them. The conditions look really attractive: the cost of the apartment in some cases can be repaid in several parts, this is a rather profitable event. But not all builders’ companies have sufficient amounts of money to start building a residential facility, in fact, as buyers themselves do not always have a sufficient amount of financial resources until the actual moment of readiness of the facility. But in some cases, installments are meant by installments in essence a regular loan. This situation is formed in cases where the builder is accruing interest on the residual amount of debt obligations when paying for residential real estate.
The prevailing majority of companies provide installments in payment for purchased housing for a period of one and a half years. This kind of installment plan is used by those potential buyers of residential real estate who have the entire necessary amount of money in stock. It is simply beneficial for them that a certain part of the specified amount be in the work. In most cases, the amount of the initial minimum contribution for real estate under construction is about 10 percent of the cost of the entire residential real estate object. The percentage is not accrued for the residual amount of money.
