For people who are looking for an investment where it is also possible to enjoy a bit of travel and take in some culture from a different country, Turkey is renowned as the most popular tourist destination in Europe and for this reason buying property is also becoming popular in Turkey. So, for those who are hunting for the perfect investment and holiday destination in Europe, get busy and buy some property in Turkey that will bring you profitable returns in the future. Turkey is still an unknown gem for property investors, prices for beautiful housing is still low, therefore when the housing and property boom which has overtaken the world hits Turkey, ensure you are in “ the driving seat” where you can benefit from buying an affordable investment and sell it for a great profit.

If you think this may be a good option for you, where you find yourself in a position to have an overseas investment in property, consider the benefits of investing in Turkey and seek the advice of Turkey property investment professionals. Getting professional help and assistance in acquiring your dream holiday property/ investment property can be beneficial in that you will be able to get expert advice on property investment opportunities, assistance with the paperwork, assistance in translation and more. Professional property experts can, in the end, save you time and money when you are making decisions and purchasing your Turkish Villa.

The property land value in Turkey is increasing by over 30% year on year for the last five years, therefore, using a Turkey investment property expert may help you find your investment property faster and help you finalise the buying of your chosen property quicker. We recommend that you buy now, and watch your property value climb. For many holidaymakers who are interested in having a permanent holiday house in Turkey, the option to rent out your Turkish villa is also available. Professional Turkey property investment companies will not let your Turkish Villa stand empty while you are away, you will benefit from a growing rental market in Turkey that will allow you to pay off and contribute towards your repayments.

Using a Turkish property expert company means that you will get individual and personal attention, this means that these professionals are aware that each person has different needs. Property investment professionals will help you find the perfect investment property to suit your individual needs, tastes, desires and dreams. So, save yourself time and unnecessary stress and use a investment professional when searching for the perfect investment opportunity in Turkey.

New House Construction loans are different from those loans that are used to purchase already existing homes or what is called a refinance. Mortgages used to purchase homes which are already constructed, use the home as collateral for payment of the loan. If in case you fail to make scheduled mortgage payments, then the bank takes ownership of the home and it will sell to get the amount of the loan.

With a new home construction loan, there will be no home to use as collateral because the home is still to be built. In that case, the bank will have your word as guarantee for payment of the loan. It would be good if banks could simply consider your word for it, but when hundreds of thousands of dollars and sometimes millions are at stake, John Smith’s signature is not enough for the bank to simply hand over a check for you to begin construction.

Because of the nature of the home building process, the financing process concerning a new home construction loan is more stringent. Once the lender has accepted you to borrow a new home construction loan, a schedule will be outlined again. In this draw schedule, the lender tells how the loan will be disbursed.

Typically, new home construction loans are disbursed in 25% increments. 25% of the loan amount will be given to you by lender,when you complete 25% of your construction. The lender requires an appraisal of the progress to ensure himself that said work has been completed.

You need not make any payments on your new home construction loan until or unless the original disbursement has been made. At that moment, only interest payments will be due on the loan and a good news is that you need to pay only for the portion of the loan that has been disbursed.

The more you construct the more loan of your's is disbursed, your monthly payments will be increased and this will happen because each time you are paying interest on a huge amount of money when a disbursement is made. Your entire balance of the new home construction loan will be due,when you complete your construction completely.

Don’t panic. You will have a way to pay this balance well in advance. “How”, you ask? Before you make a approval for a new home construction loan, the lender will ask you first to approve for a mortgage. To ensure mortgage approve, the new home construction lender will request a assurance letter from the lender of your mortgage.

Once construction is complete, the amount of the mortgage is used to pay you back the balance of the new home construction loan. You have a chance to choose between a one- or two-time to close new home construction loan. The primary difference between the two types of loans is the time at which the interest rate is locked in. When you choose one-time closing, both the construction loan and the mortgage closes at the same time,and locking the interest rate for both loans. On the other hand, when you choose two-time closing the construction loan closes first, and then the mortgage closes when you complete your construction.