Property Articles... Matar Al-Shammari writes: The most dangerous (9) points in real estate financing

Matar Al-Shammari, Old Buildings - Real Estate Marketing

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The (9) most dangerous points in real estate financing

Matar Al-Shammari

1- Solidarity between two people.

2- Extending financing beyond retirement.

3- Real estate refinancing.

4- Investing through real estate financing.

<Dealing with companies that are not licensed by the Central Bank.

6- Mortgaging the property in order to obtain financing 90% of the value of the property.

6- Mortgaging the property in order to obtain financing 90% of the value of the property.

7- The longer the term of the financing, the higher the risk.

8-

8- Not in the amount of the mortgage.

8- Not in the amount of the mortgage.

9- Paying debt for debt is not a solution to financial stress and high installment rate.

Real estate consultant

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