House purchase | The formula that you must take into account to acquire your own home | housing | my finances
One of the reasons why people fail when buying a home in Colombia is because they are unaware of the procedure they must follow for their purchase. (Ministry of Housing to give 100,000 subsidies per year from Cambia Mi Casa). While conditions may change in some cases, depending on the buyer's ability to pay, the formula for most people is the same.According to Yolanda Osorio, head of Cafam's Housing Services section, this formula consists of three elements: own savings, credit and subsidieswhich will guarantee the buyer to complete the resources for the acquisition of the house.(Housing subsidies: what will happen…
