Real Estate Financing: loan rate zero
Today , banks have signed an agreement with the State may offer interest-free loans that may apply to the construction or purchase of housing.
note, the zero-interest loan may not finance a project on its own real estate financing, but must always be complementary to other conventional loan with interest.
To be a beneficiary, you must not have owned over the two years preceding the loan application, unless you are disabled Level 2 / 3, disabled (AAH), disaster victims with damage to your previous home.
The award criteria are based on your income tax and the number of person to occupy the future home and your location
Since 1 April 2008, the revenues considered are those from
year N-2 (income for the preceding year) for loan applications issued between January 1 and May 31, the
year N-1 (income last year) for loan applications issued between June 1 and December 31.
In France, many organizations have the opportunity to give you a loan with a view to help you achieve real estate financing.
I invite you to use the search function from this site or predetermined results among key agencies in France can you give mortgage were chosen.
I also encourage you not to hesitate to shop around and check out several banks and put them ahead of other offerings, some will not hesitate to lower their prices to be competitive and this will allow you to lighten your real estate financing.
The installment loan, most real estate loans are amortized loan, the repayments are spread over time and every time you repay part capital and part interest.
ultimately The loan, the loan is more rare in real estate financing. You repay each maturity only the interest and principal only at the end. This method is much rarer because most difficult to implement.
The loan progressive or regressive , this type of loan is amortized and deadlines increase gradually over the loan. This form of loan maturities can alleviate the early years, then took advantage to strengthen them, for example, a wage increase.
The loan level, this type of loan you give the possibility to split the refund into your home loan periods where you'll pay more and others where you'll pay less.
The loan modular , which is a loan whose monthly payments may be adjusted according to your availability each month. If this financing real estate may seem attractive, it often pushes the loan and makes you pay higher interest on long-term.
A real estate financing must take into account a large number of parameters.
-acquisition cost of the property (ie your apartment or house)
-notary fees (mandatory, usually around 10% of the property you want to buy)
-cost warranty (be negotiable repayable by monthly installments
with a loan guarantee on the property financed)
-life insurance disability on the borrower
-fee (also negotiable depending your personal contribution)
Keep in mind that all of these are negotiable and that, plus your personal contribution, the greater your bargaining power is high.
The reverse is also true, and your personal contribution, the lower the financing of your real estate project will be high.
competitors of the incumbent should pass on higher prices announced
CONSUMPTION
If EDF increases by 20% of regulated electricity tariffs, as called for its CEO, Pierre Gadonneix, its subscribers have they interest to visit competing providers? Not sure.
They should indeed pass up mechanically. "Our prices are indexed to the regulated tariffs of EDF, but 10% cheaper," says Will we, in Poweo and Direct Energy.
"That said, if EDF also radically changed its trade policy, we question our strategy, "said Xavier Caitucoli, CEO of Direct Energy.
As for GDF Suez, it guarantees a fixed price over a year or two, but he expects a decision from the government to" decide on possible implications " on its rates.
Before going to see the market offers, it is better to know what it is exposed: the current state of legislation, we can no longer return to the regulated sector, after 1 July 2010 . And yet: the consumer, who opts for a market offering 2 January 2010, would be trapped, as it takes a period of six months to be readmitted .
The irreversibility exists for gas: A tenant who, for example, has endorsed a mixed-gas electricity from EDF, saying it would be better to have one bill, which is more in an incumbent , has tipped its housing in the market for gas, EDF has no right to offer regulated tariffs for this type of energy. The tenant has no right to apply to GDF Suez, the only supplier of gas to the regulated tariff. Champsaur commission, charged with an overview and recommendations on the "organization of the electricity market" in France, has requested all operators to offer regulated tariffs. But will she be heard by the legislature?
In 2008, UFC-Que Choisir advised to keep their old contracts, noting that "our European neighbors, the opening of energy markets has resulted in a dramatic increase in free prices. In Germany, for example, the monthly bill of an average household has increased by 50% between 2000 and 2007 by the Federation of German Consumer Organisations (VZBV). For the UFC, "the risk of driving up sales prices of deregulated power market is real."
unfair methods
Most customers do not want to EDF also not change operator, which leads some marketers to engage in unfair business practices. "Mr. and Mrs. B. have switched without their knowledge, they have learned by receiving a bill for terminating their regular supplier, so they did not initiate action to change," said the mediator Energy, in its 2008 report. Although this type of litigation is not within its jurisdiction, the ombudsman advises that occurred 6000 times from suppliers for its subscribers return to their original agreement, "essentially at EDF.
54% of referrals relating to business practices challenged concerned GDF Suez Energy Direct 29% and 6% Poweo.
In January, the Communist mayor of Houdain (Pas-de-Calais) has issued an order prohibiting soliciting Poweo on his commune.
Several people, its business would have posed as officials from EDF control of subscriber billing. "Our sellers have never been challenged to spend such," says Charles Beigbeder, founder and president of Poweo. Direct Energy was however separated from several commercial indelicate.
If a consumer wishes to subscribe to a market, he will take his calculator, the Committee on Energy Regulation had planned to compare prices for the end of the year.
It will add:
information often well hidden Sites suppliers.
Rafaële Rivals
___________________________________________
11 to 13 cents per kilowatt hour
If a consumer wishes to subscribe to a market, it will:
first see which suppliers are available on Energy info.fr site. This does not indicate the market shares of each other, this information being kept secret. It seems that EDF serves some 30 million residential households, and only 1 million competition, the three main operators are GDF Suez, Direct Energy and Poweo.
Currently, the price per kilowatt hour Taxes, "optional basis" for a power of 3 kilovolt-ampere is:
But beware of subscriptions:
On the Web
This update presents a selection of the definition of expenditure items with support either:
This
a small electronic device that operates with a 9 volt battery, you will set easily the center of the ceiling of each room in your home.
save you and
family
We could ask that each year, a company appointed by the SOMCO be responsible for monitoring the VMC.
I invite you to view the video on this blog published on 25/01/2009 under the title "I am a tenant who also acts for the planet but how? I save ... water ...".
Lower limits of resources and additional rent of solidarity (SLS)
Law MOLLE (mobilization for housing and the fight against exclusion) No. 2009-323 of 25 March 2009 provides for the reduction of 10.3% of the maximum income from 1 June 2009.
Two consequences
This decrease ceilings has several consequences.
The first relates to housing applicants who will require fewer resources than before to qualify for public housing.
The second is of interest to tenants. Those already subject to extra rent solidarity and those not subject but with lower ceilings will exceed 20% of the maximum resources and are therefore liable for this surloyer.
Date of entry into force
The reduction of 10.3% of the maximum resources comes into force June 1, 2009. It will apply
course applicants for housing.
What will it take for existing tenants whose rent supplements of solidarity have been weighed at 1 January 2009?
The housing bodies are they going to recalculate all exceedances of maximum resources of the tenants of their parks?
Position USH
We have arrested the USH about it to know what instructions she had given to its members, the housing agencies. The USH
told us that after contact with the office of Minister of Housing, I found it no question that housing agencies recalculate all of the rent supplement solidarity of the tenants.
surloyers To calculate the lower limits of resources will be effective January 1, 2010.
Warning!
Neither the minister's office nor the USH not want to give instructions in writing because it would contradict the law that provides for application on 1 June 2009.
therefore be vigilant about the practices of organizations.
Sincerely,
ceilings resources, 2009 (RI 2007) down to June 1, 2009 to housing allocation "player" (rental assistance loans Integration), "FLAT" (Very Social Rented Loans), "PLA SM "(Minus rental property loans) compared to the income tax reference
Category Household
Painting
Plumbing
Oh, the job ... Thank you Mario.
While the sale of a dwelling may require, by region and type of goods up to eight diagnoses the lessor must provide at least two, sometimes three and have them appear in the "record of technical diagnosis.
diagnosis lead
The report of risk of exposure to lead (CREP) is the latest generation of diagnostics provided by the lessor.
From August 12, 2008, it becomes necessary for one signing a new lease of housing built before 1 January 1949 .
And it applies to free rentals governed by the law of July 6, 1989, to apartments, housing office, the hiring of the seasonal workers, seasonal rentals.
This observation must be performed by a certified professional.
It is valid for one year .
However if no trace of lead or if the presence of lead does not exceed certain thresholds, the same can be provided with every new lease.
In the absence of delivery of CREP, the landlord may incur liability.
The energy performance
Diagnosis energy performance (ECD), whose goal is to give the tenant a predictable amount of expenditure on consumption of energy must be attached to lease for a new hire or during the first renewal .
It is valid for ten years . It covers
Tenancies main house or mixed-use residential and professional main seasonal rentals lasting more than 4 months, apartments, housing office, rented dwellings for seasonal workers, rental housing for students.
ECD, even mandatory since 1 July 2007, is only informative .
It must however be done by a certified professional.
The condition of natural and technological hazards
This diagnosis is not all donors but only those whose homes are located in risk areas identified by the Environmental Code .
Under natural hazard agree, for example, floods, avalanches, earthquakes ...
Under technological risks, sites located close to dangerous factories Seveso
... It is lessor to obtain information from the city hall or prefecture to see if his home is located or not in a danger zone.
Where housing is actually located in an area at risk, the landlord must provide each new tenant, a state older than 6 months .
Unlike other diagnoses, it can be done by the lessor.
He just needs to fill out a form using the information provided by the city or prefecture.
Moreover, if the building has already been leased subject to compensation following an incident related to one of the risks, the landlord must notify the tenant in writing .
note, in the absence of this diagnosis, the lessee may demand a reduction of rent or simply cancel the lease.
