Written by Rubén Cózar

The "bad bank" will not lower the price of housing

It may seem like a strong statement, but I think the Sareb, known to everyone as "bad bank" will not lower the price of housing. In 2012 prices have already fallen significantly, mainly by the impositions of the Ministry of Economy that forced new provisions to financial institutions and they have chosen to sell quickly.

What happens now? Well, with the "bad bank" there is more time to sell the assets, before which Prices will not suffer downward, since this new company has 15 years to sell the real estate. Then, it does not have the same hurry as financial institutions to remove them from their balance sheets. And another data, must give benefits. This indicates that there will be assets in which you will have losses, but in others you have to earn.

In short, the "bad bank must maximize the price of the sale of their homes: will not make scandalous offers, or give away promotions, the sale process will be normal and the statements I refer. Belén Romana, president of Sareb, assured a few days ago that Will not throw prices of real estate assets y That will try to obtain the maximum benefit of each asset. In addition, he pointed out that The bad bank will not sell housing mainly to individuals, But to investors who buy real estate packages.

With this data, Do not expect the "bad bank" to leverage and lower the prices, if they descend it will be for other reasons.

Written by Consuelo R from Prada

What to look for before joining a housing cooperative

After real estate crises, and these always occur in a cyclical way, that is, there will be a smooth expansion period as is already happening in the US, the first thing to start is the cooperatives for obvious economic reasons.

There are no promoters with liquidity that buy soils to promote them, therefore, it is the cooperative that must buy it if its members want a home at cost in a good location. Now, what should be fixed before entering.

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Written by Consuelo R from Prada

Housing as an investment: tips for greater profitability

They say that crises generate opportunities and now, we are at that moment in the Spanish real estate sector. Low prices and abundant offer in the market, the perfect occasion for those who have savings and prefer to achieve a higher profitability than that obtained with traditional banking products. Here are some guidelines, both to choose the purchase of the house and to set the rent of the future tenant.

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Written by Luis Corral

Who will finance the assets of the "bad bank"?

The "bad bank" has taken over the headlines of the media and although the information has been provided with droppers, we already have some uncertainties. The curious name, Sareb; also that you will have up to 90.000 million in assets; that will assume real estate of financial institutions with a value greater than 100.000 euros, loans to the developer, real estate and construction sector exceeding 250.000 euros per borrower, as well as shares of real estate banking. Below these amounts will be left each entity, that can be released from a burden that grips many of them: the ground.

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Written by Consuelo R from Prada

What if I stop paying my mortgage?

Evictions, defaults, evictions are words that flood the news. Terms that describe really dramatic personal situations. Since the beginning of the crisis, according to official calculations, more than 300.000 evictions have been carried out, although these figures vary depending on the source of information. Regardless of the fact, the reality is that the Courts are full of demands for defaults, before which the same judges have raised the alarm.

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Written by Consuelo R from Prada

Mortgage indices: euríbor or IRS?

Words like euribor, reference index or differential are already part of our everyday vocabulary. Well now, we add a new one: IRS. This acronym, which English respond to Interest Rate Swap, Will soon become a new reference index for mortgage loans, although the eurobond remains.

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Written by Consuelo R from Prada

Buy or rent?

Many believe that Spain has always been a landowning country, but it is not. Until the middle of the last century, more or less, a good part of the Spaniards lived in rent. Then they changed the tables and we became almost all proprietors or at least to try. And now, what is happening?

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Written by Rubén Cózar

The duality of the current real estate market

Information is published every day on the need to further lower the price of housing. I have chosen just one example, but there are many ... News like this "S & p warns of a further large drop in the price of housing in Spain" In which there is talk of additional declines, only make the buyer disappoint, especially when the method used to calculate them is not clarified, since they mostly speak from fall maxima in the 20% -25% environment.

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