The National Housing Agency signed an agreement with the National Corporation for Development to build a fund for financing real estate ventures. Carlos Mendive, president of the agency, explained the details of the proposal.
“Since the National Housing Agency we are marketing a set of existing homes, we are in a second phase. The houses are located in housing complexes, which in turn were financed by the Banco Hipotecario del Uruguay (BHU). We took over across the portfolio of debt and housing complexes, “said Mendive to El Espectador.
The agency policy is aimed at restructuring the debt and arrange housing complexes so they can pay common expenses. Another aim is to achieve legal and occupational adjustment.
The agency president said the plan includes 500 homes that are being marketed throughout the country. “We are investing to leave them in very good condition,” explained Mendive.
It estimated that each housing unit costs 25,000 and requires prior savings of 5% in order to access them.
Interested parties can register until 30 October. After that date, applications will be considered and will be one month after the draw.
Mendive 15 years explained that the balance due will be recalculated based on the value of housing. If the price rises, the balance is maintained and if the house costs less, the balance will be recalculated.
Applicants must have a minimum net income of 8,500 pesos and a maximum of 32,000. And they should not be property owners, can not be in the clering and should verify that they have half the required prior savings.
Plan for Home Purchases
The National Housing Agency signed an agreement with the National Corporation for Development to build a fund for financing real estate ventures. Carlos Mendive, president of the agency, explained the details of the proposal.
“Since the National Housing Agency we are marketing a set of existing homes, we are in a second phase. The houses are located in housing complexes, which in turn were financed by the Banco Hipotecario del Uruguay (BHU). We took over across the portfolio of debt and housing complexes, “said Mendive to El Espectador.
The agency policy is aimed at restructuring the debt and arrange housing complexes so they can pay common expenses. Another aim is to achieve legal and occupational adjustment.
The agency president said the plan includes 500 homes that are being marketed throughout the country. “We are investing to leave them in very good condition,” explained Mendive.
It estimated that each housing unit costs 25,000 and requires prior savings of 5% in order to access them.
Interested parties can register until 30 October. After that date, applications will be considered and will be one month after the draw.
Mendive 15 years explained that the balance due will be recalculated based on the value of housing. If the price rises, the balance is maintained and if the house costs less, the balance will be recalculated.
Applicants must have a minimum net income of 8,500 pesos and a maximum of 32,000. And they should not be property owners, can not be in the clering and should verify that they have half the required prior savings.