
The role and abolition of bridge insurance
For years, bridge insurance was a tribute for the sluggishness of courts. The bank charged you a higher installment until the mortgage entry appeared in the Land and Mortgage Register. Today, banks must return this money after a final entry, but tied-up cash at the beginning hurts the most. For this process to run flawlessly, the documentation from the seller must be perfect. By eliminating the broken telephone in the form of real estate agents, the direct work of the notary with both parties speeds up the entire formal cycle.
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