Financing
X-LOFT Financing offers special financially-favourable and safe terms for the purpose of purchasing your new flat. We can also help you choose the right mortgage. All in one place, at one address!
- Reservation – after an oral reservation, clients have 5 days to pay the deposit to officially reserve their flat.
- Reservation contract – binding written reservation by payment of 100,000 Kč deposit.
- Contract for future sale within 30 days of signing the Reservation contract, the client deposits 15 % of the purchase price to a special account (“vázáný účet”) in the client’s name.
- Purchase contract – the purchase contract is effectuated after construction is completed and payment of the remaining 85 % of the purchase price of the flat is made. After signing the contract, the paperwork announcing the new owner (buyer) is submitted to the real estate registration office; this is followed by the official transfer of ownership to the client.
- Financial funds are released to the seller at the moment that both parties (buyer and seller) have completed their contractual obligations as stated in the special account.
Thanks to these payment terms, you are not obliged to draw on the mortgage during the period of construction, but only at the moment of construction completion!