Applying for a mortgage loan for projects under construction is only possible if certain conditions are met. These conditions are important criteria that banks look for assurance in the loan process. Here are the main factors to be considered in this process: 1. Condominium Deed of Easement and Construction Completion Rate In order to apply for a mortgage loan, the project must have a condominium...
by Melih Alsaç
What is a housing license and how does it affect the real estate buying and selling process? Learn the importance of this document and its role in real estate with frequently asked questions. What is a Housing License? A housing license is a document that officially certifies that the construction of a building is complete and fit for habitation. This document is issued by local municipalities to verify that the construction...
by Melih Alsaç
If you are thinking of buying an apartment from a project, this guide provides all the information you need to make informed decisions about land share details, project flexibility and revisions during the construction process. Buying a flat from a project can be an attractive option for those who want to own a house. However, there are many important factors to consider in this process....
by Melih Alsaç
Property owners have to follow certain steps when transitioning from condominium easement to condominium ownership. Although there is no time limit in this process, the application must be made by a right holder or owner. In this article, the process of transition from condominium easement to condominium ownership, the necessary applications and the advantages offered by the zoning amnesty will be discussed. Condominium...
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