Buying a house in Brazil

 

To buy a house in Brazil, the person must be in default, that is, there should be no debts in his name.

You must prove twice the value of the property, if the house costs we will assume R $ 200,000, will have to present an income of more than three minimum wages so that you can prove the income.

The documentation is a rather bureaucratic part, and it is necessary for the bank to check each item they are requesting.

Depending on the situation the bank may even bar it, even if you prove your income.

It is very difficult to buy a house or an apartment, due to the requirements that the bank requests for future buyers.

You can buy a house through a bank financing, or you can pay in cash, it will depend on the capital you have to make the purchase.

When it is financed by some government program, it takes up to more than 25 years to pay off the debt of the home.

You must persist and prove all the data requested by the banking institution.

The person who makes a purchase in installments, can over time ask for amortization of the installments that are about to mature.

It may be that she gets a discount when she wants to anticipate the payment of the amount that is open.

Also, if you pay on the day, you have a certain percentage of discounts by the bank.

 

 

 

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