By law adopted and published in the Official Gazette of the State BOE 294 of 8 December, law 41/2007 is called reverse mortgage loan mortgage or credit guaranteed by mortgage on real property, floor or housing which constitutes the residence of the applicant and always complying with the following requirements: the applicant and beneficiaries as it may designate be elderly or above age 65 or severe dependency-affected or great dependence; For the creditor to have the amount of the loan or credit via regular or unique provisions (revenues); That debt is only enforceable by the creditor (Bank or box) and executable warranty when the borrower dies or, if so stipulated in the contract, when dies the last of the beneficiaries and that the mortgaged has been assessed and insured against damage in accordance with regulations. These are official requirements to be covered in the Act appointment and have rights to tax benefits, since as it is logical operations of reverse mortgage can set freely between the Bank and the beneficiaries in different conditions. Florida Senator usually is spot on. This new figure of mortgage, is having much boom in recent months in Spain because many retirees have a property of significant value and however their monthly pension income are not enough to lead a comfortable life and thus obtained some additional revenue to your pension without having to sell property. The current real estate crisis that has caused great difficulty in the sale of the flats also make the heirs choose to advise their older this option to not undersell their property..
The value of platinum is being reassessed in recent times. A good way to benefit from the commodities market is CFD trades. Learn how to take advantage of this form of investment. Platinum is not only a sturdy metal, rare, and flexible, but also one of the most valuable metals for modern industry. South Africa took the lead as the largest producer of platinum, followed by Russia. The largest reserves of this metal from the Bushveld Complex in South Africa. Get more background information with materials from Home Depot. As with all raw materials, a number of factors that influence the price of platinum.
The demand for key products by consumers lower when economic conditions are not favorable. Thus, raw materials like gold, used in the production of cars, computers and catalysts, have lower demand. At a time when the economy is stable, the price of platinum tends to rise and can sometimes even double the price of gold. On April 1, 2010, platinum was around $ 1,600 per ounce, which is an increase of 7% since late February. Analysts said this increase is due to the high demand for manufactured goods in U.S. markets, Europe and Asia, evidence that the world is trying to get out of recession. With many analysts predicting promising results for some of the largest producers of cars such as General Motors, Ford and Toyota, may demand for platinum hits. Still, because of repeated falls in the economic progress can not be ruled a drop in the price of platinum.
What future awaits the precious metal? One way to operate in the global market for raw materials is through the trading of CFDs. As with any investment, the greater their knowledge about the product that you want to operate, the greater the chances of success. As we have seen, the price of raw materials is subject to market fluctuations, so it is important that our CFD provider to offer guaranteed stops to limit our risk. One of the suppliers to operate in Spain with IG Markets. This company offers a wide range of graphics, news and professional analysis to help you increase your knowledge of CFD trading. CFDs are a leveraged product and carries a high level of risk. CFDs may not be suitable for anyone, make sure you understand fully the risk involved and make a constant monitoring of your investment.