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Live Cams

Is It Important to Have Free Live Cams

 

In addition to a host of other reasons, free live cams are increasingly being seen as a necessity. After all, in the battle between the well-off and the poor, there are few things that are as significant as money. In addition to your health, not having good health is a disastrous way to live.

The free live cams are a reality

The free live cams are a reality

For those individuals who enjoy their lives by sharing it with others, the free live cams are a reality. There are many situations where the camcorder can be of extreme value, such as when there is an emergency or a situation that requires a critical response from the concerned party. Even if you are the one in crisis, it is important to have the availability of a tool like this.

The other common use for free live cams is when you would like to take your loved ones with you for some shopping. Although it is important to have someone there with you, especially children, if they are physically unable to be accompanied, then this could be the tool that is needed. In the event of an emergency, then even the worst condition will be treated with dignity.

Free live cams have also been brought to the forefront in the health industry. It has been found that doctors find it more helpful when there is a point of contact, with other people. This is not only beneficial to the doctor, but to the patient.

Instant accessibility of the live video feed

Instant accessibility of the live video feed

Most people don’t realize just how much stress can be caused by certain circumstances, whether they occur in a doctor’s office or at home. In order to help alleviate the stress, the instant accessibility of the live video feed is highly recommended.

Many people who choose to stay at home in their families work long hours that require them to deal with children, elderly family members, or other types of people who need their attention. They forget about these individuals during their day to day routines. By providing free live cams, it can take the pressure off of the housekeeper and make sure the patients have the care that they need.

Free live cams allow doctors to monitor the health of their patients, enabling them to take the necessary steps before an emergency situation occurs. In the case of an emergency, the medical personnel are prepared and equipped to deal with the situation. If the patient is able to be with the emergency personnel, then the patient is better equipped to deal with the situation than if they had no access to the equipment.

The importance of free live cams

The importance of free live cams

Another common use for free live cams is the entertainment industry. Although most of us entertain ourselves, it is helpful to know that everyone is safe when we entertain. Also, if something unfortunate happens, then they are able to watch the video feed at home in order to get an idea of what happened, whether it was in the home or outside.

With the advent of the internet, more people are realizing the importance of free live cams. You can share moments from anywhere around the world with the touch of a button. In the event of an emergency, it can be one of the most important tools to have, because the information that is available is constantly updated, meaning that if something bad were to happen, then the information can be presented in a very unique manner.

Best to consult with the professionals

Best to consult with the professionals

In this day and age, a lot of people are becoming very comfortable with modern technologies. Especially with the plethora of different types of cameras available, it is easy to see that there is no shortage of different reasons why people should use them. Whether it is to take a vacation, share the experiences with others, or for regular daily business purposes, the video camera offers many different opportunities for different reasons.

While it may seem obvious, it should also be mentioned that everyone is different and may need a different set of instructions when dealing with it. If this is the case, it may be best to consult with the professionals in order to ensure the appropriate choice is made. Based on what you do have, it can be a valuable tool.

As stated earlier, it is important to remember that the video cameras are extremely useful. They are a basic necessity for many people, and it is important to have this information available. before the unexpected happens.

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Live Cams

Free Live Cams Can Be Your New Video Camera

 

So you want to know about free live cams, right? Why would anyone want to pay for something when it is free and can be accessed online anytime and anywhere? The answer is that there are people who pay for live online videos.

Why they pay for online videos?

Why they pay for online videos?

There are those who go to the extent of hiring a professional to shoot video in locations where they can have the best footage. Not everyone does, so what we have to understand is the fact that if you are looking for something to do at home, you may get lucky and find a website offering free live cams.

That is the easy way out for anyone who wants to try this kind of thing before they invest their hard earned money. There are some good websites on the internet that will allow you to shoot the type of video you want to.

You can get this type of entertainment for yourself or your child, you could also have a look at how you want to be entertained when you are online playing online games. It could be a lot of fun.

Before you decide which site to use, make sure you have done your own research and you are not intimidated by technology. Remember, you can get all the information you need online.

Check the rules and regulations

Check the rules and regulations

It is quite easy to navigate through the Internet, there are many useful links that you can access. Before you download any files, be sure that you are downloading the right type of file that is appropriate for the type of camera you have.

It is also important to note that all camcorder users have different requirements, if you are just using one to record the kids or a friend then you won’t have any problems. If you are using it to film your new relationship then there will be different requirements and protocols.

For this reason, you will have to check the rules and regulations of the online video sites and the equipment you are using. You will also want to find out what the format is that you will be using and where you can get the software and programs that you need to take your video to the next level.

All of this information is available for free on the Internet. Once you have your very own camera then you can look into getting software or perhaps an online video program.

The software is compatible with your computer 

The software is compatible with your computer 

Make sure that you can get the software that you need very easily and that the software is compatible with your computer and that it is easy to use. You might even want to get the first of these systems for yourself.

Now, all you have to do is plug in the camera to the software and watch your recording. You should never have to pay anything for this.

This is something that will help you get your little family to enjoy things that they wouldn’t be able to do without the use of video camcorders. The fact that you can get free live cams means that you should take advantage of it as soon as possible.

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Sex Cam

What to Expect on a Black Sex Cam

A Black sex cam is not the same as any other cat you may have used before. It is a completely different animal. Here are some of the features that will make you and your Black lover comfortable on your virtual webcam night after night.

Several options to select from

Several options to select from

The first thing that you will notice about a Black sex cam is the light. It is generally easier to see in a dark room, so you will need to use your personal attention to ensure that you put on a darkened room for your Black partner to appear in.

However, that does not mean that you cannot watch your Black lover in a darkened room. In fact, it is recommended to you, because it will help you know where she is, even though you cannot see her. If you use a little eye protection, then you will be able to enjoy your time with your Black partner.

One of the first things that you will notice about a Black sex cam is that it has several options to select from. It will allow you to choose a time that you prefer for you and your Black lover to begin your time together. If you both decide to go at that time, then you will be able to do that at that time.

There are various choices that you can make, and you can get dressed up, and you can even put on beautiful sexy clothes for yourself. That is one of the great things about this kind of cam. You can do many things that you would not be able to do if you were using a normal cam.

Great feature of a Black sex cam

Great feature of a Black sex cam

Other than that, there are many different selections that you can choose from when it comes to what you want to show your Black lover on your Black sex cam. You can add romantic music, for example, so you can give your Black lover a romantic evening.

You can also be a little wild, and experiment with some sexy touches for your Black lover. You can start with some kisses, and you can work your way up to some more intimate things.

Another great feature of a Black sex cam is that it will offer you a chance to practice on your Black lover. This is especially nice, because it will give you the opportunity to try out things that you would not have been able to try otherwise.

How you feel about your Black lover?

How you feel about your Black lover?

You can practice some sexual positions that you and your Black lover would enjoy doing together. You can learn some things, and you can try them out on the Black love object of your dreams.

That is the best way to please your Black lover. You can know exactly what you are doing to your Black lover, and that can bring you a great deal of pleasure.

Not only is it important to use the cam at night, but you can use it in the day, as well. You can set it to show the world how you feel about your Black lover, and you can learn what your Black lover likes from the other people who are viewing the cam.

The last feature that you will want to make sure that you are looking for on your Black lover is to make sure that your Black lover feels as much pleasure from the cam as you do. The cams can provide you with great opportunities to make your Black lover feel as much pleasure as you do, so take advantage of that.

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Sex Cam

Sex Cam – What is it All About?

If you are a married man looking for another man’s wife, the best method is to get a sex cam. With this tool, you can keep a tab on your prospective partner to know where she’s at and how often she’s there.

How do you go about setting up a sex cam?

How do you go about setting up a sex cam?

You can also use the cam to keep an eye on your spouse and look for signs that she’s cheating. The same principle applies if she’s in a bad mood or other unusual behavior, you can catch her red-handed on the sex cam.

So how do you go about setting up a sex cam? For one thing, you’ll need to make sure your computer is equipped with a webcam. The camera can be placed anywhere but make sure it is hidden behind something opaque so that it is difficult to see through.

Secondly, you will want to have the sex cam turned on. This is for security purposes, because you may not want to send someone a message while they are present on the cam. The webcam might be used for your own pleasure.

Thirdly, you may want to use the cam to send a message. You may need to set the type of message to be sent. For example, you could have your message “look at me” to be seen as a stand alone message or “what time do you get home?”

A free sex cam to send a message to your spouse

A free sex cam to send a message to your spouse

You could also use a free sex cam to send a message to your spouse. You may want to send a message like “I missed you so much.” When your spouse responds, you can look for signs that she is cheating on you.

You can use a sex cam to give yourself more control. You can send the message right from your computer screen. You don’t have to go out and find the person, but you can easily see how the other person is responding.

Another way to use a sex cam is to spy on your lover. It can help you determine if they are telling the truth about their activities. You can get accurate information from it, which you wouldn’t normally get from an interview.

A way to cheat on their spouses

A way to cheat on their spouses

Some people use the sex cam as a way to cheat on their spouses. To tell the truth, there is no cheating to be done on the cam. You will be unable to take advantage of your lover.

If you are intending to cheat on your mate, you need to use the cam as a means to catch them red-handed. As an alternative, you could use your imagination and find other ways to get close to your mate without actually meeting them.

While the sex cam may be useful in the case of cheating, it is also useful in other situations. For example, it can be used to reveal if you are cheating on your spouse.

If you want to catch your spouse cheating, you should use the cam. You don’t need to spend any money on it and the results are good. You can learn a lot from the cam, and if the results are good enough, you will catch your partner cheating.

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Live Cam Chat

Having a Great Experience With Live Cam Chat

A great way to interact with your online community is by using a live cam chat. This is a convenient way for you to connect with people of all ages.

A very intimate chat with a friend

A very intimate chat with a friend

Sex is a very intimate subject. People tend to be very private and if they have something to hide it is very easy to get caught in the act. Communication between two individuals using cam is a way to get an honest opinion of each other.

In this way, you can avoid compromising your privacy if you are a shy person. You can also take pleasure in the fact that no one will find out that you are viewing someone else’s live cam chat. You can also get to know the person that you are chatting with before you know him or her intimately.

In our technologically advanced world we sometimes take for granted that our children are able to keep up with the times and have access to the same sites as we do. What happens when our kids become teenagers and feel the need to try their hand at webcam chat? Most of us now know the answer to that question.

A live cam chat makes it easy for parents to monitor their children and to be able to catch them if they attempt to misuse the software. It will be just as much fun for them if they are able to have a very intimate chat with a friend or with a new partner. They will learn how much they are missing out on without being able to look at what is going on in real time.

No risk of getting hurt

No risk of getting hurt

Many couples don’t find themselves ready to start a family and are looking for a way to have children sooner rather than later. Not all people are prepared to wait that long. This is where a live cam chat comes in handy. Couples have the opportunity to get to know each other before they get too serious.

We all know that the olden days when people got married using a plain old photo card are a thing of the past. Because of the advent of the internet, people are less inclined to use it to show off their portraits and more interested in getting to know one another in real time. Couples that aren’t ready to go the whole hog and get married do the same thing using online dating. It is also easier to conduct the job in your home if you are comfortable with the adults having a live chat with you.

Some men and women who are single or not interested in a relationship are enjoying a fun and thrilling “hot date” through webcam. It is a fun way to try it out with others. There is no risk of getting hurt or being judged by anyone.

What is nice about the free chats?

What is nice about the free chats?

It is that you can play around with many different costumes. This can be very entertaining and can make you feel like you are in the middle of a fabulous party. Everyone can have fun and have a blast in the many social settings that are available to us.

The same goes for the men and women who are so interested in having sex appeal that they are willing to pay for live cam chats. If you are one of these people then there is no doubt that you will be quite impressed with the many styles of outfits that are available for you to take part in live cam chats. It is like having the chance to try something totally different and exciting.

Live chat is like playing hide and seek

Live chat is like playing hide and seek

With a live cam chat, you will find yourself hooked on watching the interaction that takes place on the camera. The people behind the screen are very knowledgeable and they will help you understand how to achieve the kind of relationship that you are after. You will also find that some people will help you look for those special moments in your life.

You are not alone in this endeavor. You can easily join a chat room with people who share your interests and eventually you will learn what it is you are searching for. Chat rooms make it easy for you to get to know someone in a chat and you can see whether you would like to spend time together or not.

The loan collateral costs

Banks charge these fees in three ways. The first and most widely used is to increase the loan interest rate by 0.5-2 points. percent.

This results in an increase in the monthly loan installment and does not constitute a separate payment, which if a valid entry is obtained earlier, will be refunded to customers in the portion related to the unused insurance period.

The higher interest rate or premium

Higher interest rate or premium

This means that for an average loan of 250,000. USD, granted for a period of 30 years with an interest rate of 6 percent (according to Good Finance data, these are average values ​​that characterize currently granted loans), the monthly cost of bridging insurance may range from about USD 80 to over USD 330 (depending on the bank).

The total cost of transitional security also depends on the pace of work of the district courts, which are responsible for making entries in the land and mortgage register.

Entry in the land and mortgage register in an average of 27 days

Entry in the land and mortgage register in an average of 27 days

According to the research of the statistics department of the Ministry of Justice, in the first half of 2011, more than 1.64 million cases related to land and mortgage registers were considered in district courts. According to the authors of the study, this area of ​​litigation was among the most efficiently managed.

The proof is the surplus of pending cases (over 1.64 million) over the number of submitted applications (1.58 million), and thus a decrease in the number of cases left for consideration in the second half of the year (228 thousand in 2011 compared to 256 thousand in H1 2010).

This is good news for borrowers. Data for the first half of 2011 indicate that the courts are now working more than twice as fast as three years ago. The statistical case in the land and mortgage register court in 2008 was settled in about 55 days and from that moment the examination time gradually decreased, in 2009 to about 48 days, 2010 up to 35 days, to reach a record 27 days in the first half of 2011. However, it should be remembered that these are only average measures.

In different regions of the country, waiting for changes in the land and mortgage register may take much longer, but shorter waiting periods are not isolated. Undoubtedly, however, shortening the processing time for applications is good news for borrowers, because it means savings for them. Fees only until the entry becomes final.

The speed of making an entry in the land and mortgage register is key to determining the actual costs of bridging insurance for customers.

The judgment of the Court of Competition and Consumer Protection of 9 August 2009 prohibits the collection of any additional fees from customers after all collateral required by the loan agreement has been established. This means that the bank has the right to charge additional fees only until the entry becomes valid and not until the customer brings to the bank a copy of the land and mortgage register, in which the mortgage of the bank will be in the first place. All fees collected after this time must be refunded to the customer.

In practice, the cost of bridging insurance incurred by the client in the first half of 2011 was on average around USD 180 (an example loan of USD 250,000 for 30 years, with an interest rate of 6 percent, a margin increase of 1.2 percent). Three years ago, more than twice the waiting time for consideration of a case in the land and mortgage department of the district court meant that these costs were around USD 370.

What does the mortgage establishment process look like?

What does the mortgage establishment process look like?

The collateral for each mortgage is the entry of a mortgage in the land and mortgage register. Banks usually also require that their mortgage is in the first place, before any other entries. How to efficiently carry out such a process? In a situation when we buy an apartment on the secondary market, previously charged with credit, at the stage of completing the credit documentation, information on the amount necessary to pay the previous liability should be provided to the bank granting the loan for the purchase.

An additional condition for disbursement of the loan will also be the submission of an application for entry into the land and mortgage register of the buyer’s bank.

If the entry were made immediately, it would be in second place on the list of mortgages, which could not constitute full collateral for the loan. It is worth remembering that the application for entering a mortgage is submitted to the district court appropriate for the location of the property, which can also be done by a notary public.

When the bank receives confirmation of submitting the application for registration of the mortgage, it first pays funds to the repayment account of the previous mortgage. Only after the full repayment of the “old” loan will the seller be able to obtain the documentation necessary for the buyer to remove the mortgage entry for the previous loan.

It is worth remembering that the buyer, not the seller, will have to go to court to file an application to delete the previous mortgage from the land and mortgage register. Deleting this entry will cause the buyer’s bank to move to first place on the mortgage list.

What are social loans?

On the Polish market, interest in social loans is low, but in other European countries they are quite a competition for banks, non-bank institutions and investment products.

Social loans – how do they work?

Social loans - how do they work?

What is a social loan? A social loan is a civil law agreement concluded between two private persons, without the intermediation of banks or loan companies. The subject of a social loan agreement is a specific amount of funds that one party provides to the other under certain conditions.

The role of lending institutions in this case is played by social loan platforms connecting people who need extra money with those who want to lend them. They provide tools to complete transactions and help you recover funds in the event of default.

Unlike products offered by banks and loan companies, social loans are not subject to any supervision. In practice, this means that all the terms of the loan depend on the arrangements between the parties, with the person giving such an obligation may request a commission of any amount.

Providing social loans can be profitable and can become a way of earning a salary, provided that we do not run into a dishonest borrower. Admittedly, borrowers are usually verified and checked in BIK and other debtors’ databases, but this is not always reliable and does not guarantee repayment of the loan

Social loans ranking – where to look for offers?

Social loans ranking - where to look for offers?

There are many websites offering social loans. One of the most popular is the kokos.pl website, where the regulations have recently changed. Until now anyone could be an investor, currently only a company entered in the Register of Loan Institutions (kept by the PFSA) can play its role. Blue Media SA is now the main investor of kokos.pl

There are also portals where social loans are only offered to companies. One of them is Good Finance – an institution supporting entrepreneurial people that approaches running a business in a modern and flexible way. At Good Finance, entrepreneurs can apply for a loan of up to USD 3 million. Business owners can also apply for a loan at Capital Club or Mintos.

Social loans for those in debt – is it possible?

Social loans for those in debt - is it possible?

The great advantage of social loans is that they can benefit those in debt. Banks usually do not grant loans to customers with low creditworthiness and a negative credit history. It happens that loan persons go hand in hand with such people, and although they verify their creditworthiness, it does not affect the decision to grant a loan.

The same applies to social loans. Financial arrears do not have to cross the loan chance. There are websites where you can get additional funds regardless of your credit history. Each application is examined by them individually, so you can get loans for those in debt.

How do you get a community loan?

How do you get a community loan?

To receive a social loan, you must first register on the selected portal, which usually takes no more than a few minutes. When creating an account, you will need information such as:

  • and my name and surname,
  • Social Security,
  • ID number,
  • Bank account number,
  • Telephone,
  • e-mail adress.

The next step is verification, which takes place usually in bed d ch stages. The first is mandatory and the second is voluntary, but it increases the borrower’s credibility and places him at a higher level (“rating”) after successful verification.

After registering and verifying your account, you must submit a loan application. At this point, you must specify the terms of the loan. After specifying them, one should wait for investors’ suggestions. When the offers come in, one should choose the most profitable ones.

Can I get a social loan online?

Can I get a social loan online?

There are smaller and larger websites offering social loans over the internet that can be divided into those that offer loans to individuals and those intended for entrepreneurs. The portals act as intermediaries between social investors (lenders) and borrowers.

They play a similar role as, for example, a real estate agency when buying an apartment. Online social loan services charge a small percentage of the borrowed amount for the service.

How much does a social loan cost?

How much does a social loan cost?

The total cost of the loan is the most important thing for each borrower. There are no free commitments in the social loan offer, but there is still a chance to negotiate favorable borrowing terms.

In any case, the cost of the social loan depends on the individual arrangements between the investor and the borrower. It is worth being aware, however, that the interest rate on the loan is as per the so-called Anti-usury law can not exceed two times the sum of the reference rate and 3.5 percentage point in the bed. Currently it is 10 percent per year.

The cost of the social loan includes:

  • interest rate
  • fee for granting the loan,
  • commission for the intermediary platform,
  • additional verification fee,
  • a fee for extending the loan period in case of problems with paying the loan installments.

When you take a social loan, you have to take into account the tax on a private loan, which is 2 percent. How do you settle social loans? The borrower is obliged to settle the tax on private loans and the investor is obliged to settle the capital gains tax.

Is it worth investing in social loans?

Investing in social loans involves quite a lot of risk, as investors can never be guaranteed of getting their money back. However, every investment carries a risk, except for savings accounts and deposits, and the higher the risk, the greater the potential profit.

Can investments in social loans pay off, then? Yes, especially since you can minimize the risk of capital loss by diversifying your invested money. Social loans provide much more profit than bank deposits or treasury bonds.

Social loans – how to invest?

Social loans - how to invest?

To start with, you need to choose the portal you want to work with. Each of the websites operates according to different rules, so the proposed methods of risk assessment or collateral for loans in the event of non-repayment may differ.

Therefore, before you start investing, read the terms of service carefully and check the amount of fees charged.

Advantages and disadvantages of social loans

Social loans have their pros and cons.

Advantages of social loans:

  • wide loan offer,
  • money for any purpose,
  • high loan amounts,
  • inference without leaving home,
  • high loan granting,
  • voluntary verification,
  • you don’t have to have a good credit history,
  • loan costs negotiable.

Disadvantages of social loans:

  • service fees,
  • no legal regulations protecting the investor and the borrower,
  • risk of fraud
  • costs related to additional verification,
  • waiting for a loan longer than in a bank or loan company.

Are social loans secure?

Are social loans secure?

Unfortunately, there are no legal solutions regarding loans of this type in Poland. We will get the payday loans much easier than a bank loan. That is why it is really safe to use them.

Both lenders and borrowers should use portals with an unblemished reputation and an established market position. Before taking out a loan, read the terms of service.

A person considering taking out a social loan should realistically assess his financial capabilities and choose a liability in the amount that will not be a problem for him to pay back. Social loans with an interest rate of over 10% or too high commission should be rejected immediately.

After selecting the offer, and before signing the contract, you should carefully read its content, and any doubts as to the provisions contained in it must be clarified with the lender or lawyer.

A system of low-interest loans for enterprising graduates has started

From November 17, graduates, students and the unemployed will be able to apply for up to 74 thousand. USD low-interest loan for starting your own business.

The loans will be granted as part of the second stage of the “First Business – Startup Support” program, initiated by the Ministry of Labor and Social Policy, whose aim is to break the labor market, counteract unemployment and promote employment. The program is implemented in cooperation with Bank Good Finance.

The interest rate on the loan will be 0.56%. per year

The interest rate on the loan will be 0.56%. per year

You can apply for it: unemployed persons regardless of age, registered at the employment office; graduates of private or public universities within 4 years of receiving the diploma; high school graduates within 4 years of receiving the diploma; final year students. The repayment period for such a loan is to be 7 years, with a one-year grace period.

Young people are very enterprising, have new, great ideas, and our role is to support these ideas. Over the next few years, we plan to allocate USD 500 million to the development of entrepreneurship – said Władysław Kosiniak-Kamysz, Minister of Labor and Social Policy.

To obtain a loan

To obtain a loan

You must contact the financial intermediary operating the program in the given voivodship (their list is available. These are Good Finance’s financial partners selected in the tender that deal with consulting, appraisal of applications, granting loans and monitoring repayments.

To run your own business you need an idea, courage, and determination. We are pleased that at the pilot stage students and graduates decided to take advantage of the loan and work “on their own” – said Vice President of the Management Board of Bank Good Finance Radosław Stępień at the ceremony of signing contracts with agents. – I hope that the unemployed as eagerly as graduates decide to self-employment because it will give them great independence and allow them to believe in their own strength – added President Stępień.

The land register for building loans

Every year thousands of households fulfill their dream of owning a home. The whole thing is realized as a house purchase or purchase of a condominium. Many families also simply build new ones. In addition to own funds, the building loan is usually used here.

At the latest in connection with the application for building finance, the client comes across the land register and department I-III. What exactly is marked here? Who keeps the land register?And why are departments I-III so important in the land register?

The land register – more than a simple register

The land register - more than a simple register

Forerunners of today’s land register can already be found in the Middle Ages, some documents date from even earlier times. The idea behind this is to precisely grasp real estate in its extent and the ownership structure.

In the end, the land register is a directory to:

  • Ownership
  • Loads and restrictions as well
  • Mortgages,

that affect a property. To make the land register clearly structured and legible, the copy has been established in the departments I-III. Each of the individual departments has its own purpose.

What is in the land register?

What is in the land register?

The main task of the land register is to record and archive all relevant data on a property. In this context, several issues must be recorded that are assigned to the individual departments.

Department I records all information on the ownership structure. Here, among other things, the name of the owner, the reason for registration and the number of the property are noted.

Section II shows all the burdens and restrictions (except the mortgages) with which the property in question is provided. These can include:

  • Housing and usage rights
  • Usufructuary rights
  • Sales rights or
  • Leasehold

his. In addition to noting the charges, deletions are also noted in the land registers.

The department relevant for the building loan is III. Information on mortgages – i.e. mortgages or land charges – is recorded here. By the way, the ranking is of crucial importance, since subordinate rights can sometimes not be satisfied through enforcement.

Land register entry and mortgage lending

The departments I-III in their entirety make up the land register. Department III is really important for the building loan.

Since banks generally have an interest in first-class collateral for mortgage lending, prime mortgages are required. In the course of the loan application, banks therefore require inspection of the land registers. And financing only comes about if everything fits.

You only have to pay back the loan

Selling a mortgaged flat is not too complicated, you only have to pay back your current loan.

The easiest way is when the buyer wants to buy an apartment for cash. Then he simply transfers the amount corresponding to the level of debt to the creditor’s bank account, and the remainder of the receivable is received by the seller.

It should be remembered that in some banks there is a commission for early repayment of the loan, which may amount to e.g. one percent of the repaid amount.

Bank approval required

Bank approval required

Some complications can arise if the buyer wants to take out a loan. A new bank can be registered in the mortgage only after deleting the old one, which in turn will agree to delete it after receiving the money due.

It is, therefore, necessary to describe in detail in the notarial deed how the transaction will be carried out so that the interests of both banks are secured.

If the amount of mortgage debt is lower than the transaction value, then the rest of the money goes to the seller’s account.

However, it is worth knowing that a mortgaged apartment cannot be sold without the opinion and consent of the bank that is included in the mortgage, and – if the buyer intends to take out a loan – the other bank. So first you need to settle these formalities, and sometimes it can take up to two weeks.

Own contribution problem

cash

Sometimes complications can arise if … the buyer has his own contribution. Imagine the following situation: Fine Bank has 100,000 USD cash and buys an apartment from Nowak for 400 thousand USD – missing 300,000 USD will want to finance with a mortgage.

But Nowak’s apartment is mortgaged with a debt balance of 350,000. USD. Fine Bank demands a certificate on the current debt balance, which is normal, and it may take, for example, two weeks to issue it.

The condition for running the loan is that the amount of debt should not be higher than the amount of the loan, so first you must (from the cash held by Fine Bank) pay off part of the loan. In most banks, notary confirmation of the transfer of the missing 50,000 would suffice, but there are institutions on the market that will demand another certificate of the debt balance and we have a two-week delay.

The case may also be delayed due to the dates of booking operations. There are banks that book their full loan repayment only on a specific day of the month (usually on the installment payment date). If we are late with this operation for a few days, we will be almost a month late.

Such situations, however, occur quite rarely, most often it is possible to arrange everything efficiently. Some of those who bought a flat with a foreign currency loan have a problem.

First of all, exchange rates change every day. The debt balance certificate usually includes the loan amount in currency and its equivalent in USD, converted at current exchange rates as at the date of issue of the document. If after a few weeks the loan is disbursed, it may turn out that the amount is not enough to repay the existing loan.

Sometimes the course bothers

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Due to the weakening of the zloty, it may be that, given the current exchange rates, we owe the bank much more than when we took out the loan. For example, if someone borrowed 400,000 two years ago USD in Swiss francs, today it owes the bank over 600 thousand. USD. Such a person has a debt level of 50%. higher than the value of the property, which significantly hinders its sale. Practically makes it impossible.

To get rid of such an apartment you would have to add 200,000 USD. Unfortunately, such people are indeed imprisoned, but this is not due to the mortgage itself, but the unfavorable turn of events in the currency market and falling real estate prices.