Banks can take away another property if you do not pay

Great, no? In addition to the floor you can take away another floor, or the square parquing, or ask that guarantees to the floor of your parents ... If your floor down to 20% on the appraised value at the beginning, the bank can force you to endorse the loan to another property.

Thus before a bank failure does not keep an apartment that is worth less than they provided in the mortgage. Is in fact much more, almost double.

The measure is completely desproteje the consumer and can provide resources to banks in times where they are missing because of the shenanigans they comment.

This is a law with almost 30 years that banks have used but just seeing the bad times ahead will be to go with care.

Because if the banks start to use us to find that people would say I am going to sacrifice me? Come on.

To see my house cost 50 million pesetas, I spent 2 more notaries and tax. Now my house is worth 40 million. Well I will stop paying the mortgage. I'm 2 years living in the apartment while I miss him and while waiting for prices to fall more and I bought a larger apartment and 35 million within those 2 / 3 years. Ale.

I would say that this part of the mortgage law seems quite unfair that you can remove the bank much more than you gave. But now is not for the newspaper is published by the World as if it were a new law trying to confuse people in their prayer life that is wrong with the PSOE.

In the end, regrettable as it is journalism.