Post Sanc Foll. Sup 2 4
Post Sanc Foll. Sup 2 4
Post Sanc Foll. Sup 2 4
Monitoring
Advantages
It is not subject to fluctuations in market value
The loan needs very little supervision and expense
Its value steadily increases
the longer it is held the higher will be its value.
The bank should obtain a declaration from the
borrower
that the policy is free of charge and that no charge
is created as long he is indebted to the bank
Life insurance policies
Phase of construction
Architect certificate
Inspection of the house
Completion certificate
Insurance of property
Early Warning Signals (EWS)