ADVANTAGE OF HOUSING SAVINGS CO-OPERATIVES OVER MORTGAGE LENDING
Journal Title: Economics. Law. State - Year 2018, Vol 1, Issue 1
Abstract
In the article the ways of acquisition of real estate with entering to housing savings co-operatives, in comparison to bank mortgage lending are considered. Many people do not use favorable variants of acquisition of real estate for the several reasons, firstly, because of lack of knowledge of the market offers, secondly, because of fear to change something, if there is a mortgage. In this paper the analysis of advantages and lacks of acquisition of real estate using mortgage or participation in housing savings cooperative society is carried out.
Authors and Affiliations
Maxim Krylov
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