Bulgarian Law University

The global credit crisis. Mortgage finance is experiencing a global credit krizis.Chto accordingly will have an impact on the real estate market in Bolgarii.Nebolshie projects that do not have sufficient qualities practically will not receive support from banks. At the same time – this greatly reduces the number of "player-speculators" and will open more opportunities for serieznyh and quality projects. It should be noted that in contrast to many Western European countries, where lending was almost frozen, in Bulgaria, most banks were quite active, and even increased their mortgage products, Applicability to foreign banks grazhdan.Takie as Allianz and MKB Union Bank and DSK and Bulbank continue lending in the usual pace. In general, a factor that largely determines the stability of the market – a relatively low price, allowing clients countries with high living standard to buy real estate without using a mortgage loan. In conclusion, we can add that the foundation of the Bulgarian property market is stable, and, bearing in mind the low price level and the fact that Bulgaria remains a very attractive tourist destination, we have every reason to expect the positive development of the sector. Bernard Golden brings even more insight to the discussion.

Tip the buyer. Buy direktno from investors. Not all investors say in Russian. But most major companies have a marketing team who are working directly with clients. In this case, you'll be given the most accurate answers, without delay, and not deceived you. Do not forget that the agency work based on the fees you could save by trying to contact the investor himself and talking with them skillfully. Agencies that provide professional services, deserve to be rewarded accordingly. In case of problems with the investors, such as slowing construction, or problems during dovershitelnyh work, as well as funding problems with your hand and the need peredogovarivaniya about the transaction, good agency with good contacts with investors and the opportunity to influence – can be really, beztsennymi.

Ask your agent how many apartments in this complex, he sold, and what are the relationship with the investor. Avoid agencies that offer the product on your site, not bothering even to visit the facility. Never sign a preliminary contract for the sale without consulting with advokatom.Takzhe, we recommend to consult not only with Russian lawyers, but we recommend to hire a Bulgarian lawyer. Since it is impossible to provide valuable legal advice with respect to transactions in Bulgaria before finalizing 7 years in the Bulgarian Law University.

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