Real Estate Mortgage Bank: Understood Correctly?

Many opinions that need to build website full disclosure of information real estate (real estate) mortgage is updated continuously for buyers to grasp.

After the HCMC Department of Natural Resources and Environment announced the list of 77 housing projects and Hanoi announced 34 projects are mortgaging the bank still have opposite opinions. A stream of opinion in support of this announcement creates transparency and transparency for homebuyers. While the investors said that the announcement is not enough, affecting the business (DN), the market makes many people buy confused.

In order to clarify the project mortgage, on September 22nd, the real estate investment magazine CafeLand held a seminar on “Real Estate Mortgage in HCM City”…

Le Hoang Chau, chairman of the HCM City Real Estate Association (HoREA), said that in the Housing Law and Real Estate Business Law, there is a requirement for enterprises to disclose information but state agencies should also participate. By now, the obligation to provide information is more passive than the need for information. But the active provision of information is inadequate that each announcement is far apart.

According to Chau, the list of announced mortgage projects at the beginning of the Department of Natural Resources and Environment has not disclosed sufficient information about the investor has just announced the mortgaged property formed in the future, Products. Nowadays, consumers are facing big risks so transparency of information is imperative.

However, it must be acknowledged that the disclosure of information has disadvantages, such as the customer’s name in the mortgage but the business does not mortgage. Or list not updated in real time, such as today announced that previously had the business solved.

There should be a set of criteria for information disclosure of real estate mortgage bank projects

“Therefore, it is necessary to have a set of criteria, which points should be announced to the DN based on that to provide information. Or need to set up a website for information disclosure so that everyone can access the search instead of the current text. Through this website, updated mortgage status updates are updated continuously. Concerned information about the mortgage so that home buyer can understand, peace of mind when buying a home, “- Chau shared.

On the business side, Mr. Nguyen Khanh Hung, CEO of Dat Xanh Group, said the announcement of the mortgage project is normal. Regarding the issue of the Department of Natural Resources and Environment, according to Mr. Hung, it is not complete because some cases have been released but have not been updated and the cases of mortgage their own property do not affect the home buyer. Department still announced.

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Mr. Hung suggested agencies should resolve how to publish information to the full. A few hundreds of businesses but only a few dozen companies are not very stable. Some more clues should be made to ensure that people are informed and informed so that people know.

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The same opinion, Le Huu Nghia, Director of Le Thanh Company, analyzed: “In fact, the mortgage of the investor has been for many years and the law allows. In my opinion, the bank and the investor should be prosecuted, because the contract clearly states that they are allowed to sell, but the bank still allows the investor to sell to customers. “

Mr. Le Huu Nghia further analyzes the problem of managing his cash flow, not using the correct purpose is the fault of the bank. Normally, if you want to sell your apartment, you will get it. Therefore, the dispute is caused by the fact that the investor does not dispose of it, while the bank does not manage the good loan flow. The issue now is how much information disclosure should be, what is the purpose of the collateral, should not be half published.

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