Most people who come to live and work in the city wish to buy houses and apartments for a living, but apartment house right now can not give those with average incomes can afford easily. Some choose to buy a house by the contract even if the contract takes about a decade or more.
For example, a man newly married 30-year-old newlyweds August Mr. Bora bought a house, an apartment in the city around palm plantations in the capital worth $ 35,000. Then there is only $ 20,000 short of $ 15,000 can leap to buy a home there. So he decided to buy the house from the city by the contract. But he did not contract to the owner of the city. He had to borrow money from banks to repay the banking and contract instead.
Mr. Bora said: "Before going to allow us to borrow money, the bank has come down directly to the home bench. Later, they questioned me from income earned whether it can match the loan. Term loans for 10 years and 15 years. How do we choose? And verify my salary. "
After the bank card from the company that he is working day and salary, as well as the implications with he opted for a 10-year contract in a month to pay $ 300.
But after buying the house and the police were a lot of people question the reason why not wait until there is enough money to buy a house Buy it only once, so he would not lose interest paid to the bank.
"If they do not know when yet. Alternatively rent is also not good. Per month cost around [about]. Sometimes homeowners install home fire almost perfectly. When we are in contract stage we need to spend more austerity despite a $ 300 a month for me can only deal must not underestimate. " According to Mr. Bora.
