Ukrainian banks put up for sale residential apartments, the discount value of which is lower by 30-40 percent of the original. Thus they sell property confiscated from debtors. But even 5 years ago, on the security of apartments, domestic banks so willingly provided loans, both in foreign and national currency.
For that now, you can take money to the apartment itself, as well as for repairs: update the wooden floor, paint the walls, change windows, buy furniture, and so on.
It is not possible to get credit funds from the bank for this period of time, in the context of which domestic citizens are increasingly preferred by other people’s mortgages. Realtors pay attention to the possibility of saving money when purchasing collateral residential real estate. At the same time, the riskiness of such a transaction is higher, the more significant the actual marking has. Do not write off the accounts of the former owner, who in the court will be able to sue their own property with a high degree of probability.
Naturally, collateral apartments in the real estate market Dnepropetrovsk did not appear today and not yesterday. The corresponding housing could be found several years ago, only their cost was slightly higher than the cost of apartments on average in the market. After there was a rapid devaluation of the national hryvnia, the pledge property fell greatly in the price. The same apartment, the cost of which was about 140 thousand dollars, at the moment can be purchased on the market at a price of 100-110 thousand. Banks suffered heavy losses, as they put up real estate for sale in accordance with market prices.
Such apartments were practically not interested in the buyer, since for the same price it would be possible to purchase an absolutely clean apartment from a legal point of view.