Interesting article that is to be broadcast in English television the day Feb. 22 in the program Repor beginning to be addressed as usual in these times, on the problem of mortgage foreclosures unpaid ..
The program addresses the plight of more than 200 thousand families who can not keep paying the mortgage from home. 200 000 families living a nightmare because not only face the seizure and lose your home but, if the value of your home does not cover the debt they owed, they must continue paying the bank with the rest of their heritage. In short, they enter a spiral of debt almost forever. The countdown for many families who are going to lose everything.
Jose lives in a small village in the Pyrenees. Repor attend with him and his companion the auction of its own floor. In a few minutes and in an act so cold, Jose watches as his apartment, his home changes hands. Now becomes the property of the bank and even if you still owe some 10 000 euros. And is that the crisis has devalued the price of many homes and the banks continue to demand the total amount of money that once delivered on credit.
So far only a judge in Navarra has accepted delivery of the floor serves to settle the debt is what is known as "payment in kind" and there are many who claim that this figure is contemplated in the English mortgage law.
Are banks
most real estate in Spain?
No doubt this is a question asked by many in view of the number of stories that have become attached to the hands of banks. In fact, between banks and accumulate more than 38 billion euros in real estate. And what happens now to these homes ...
via. Rtve.es
0 comments:
Post a Comment