Question 1

What is the difference between a new mortgage and refinancing?

Accepted Answer

A new mortgage is for purchasing a property, while mortgage refinancing is the process of improving the terms of your existing mortgage - lowering the interest rate, changing the tranches, or shortening the period.

Question 2

How long does the mortgage approval process take?

Accepted Answer

On average, the process takes 2-4 weeks, depending on the complexity of the case and completeness of documents. At RealFix, we accelerate the process and support you at every stage.

Question 3

How much equity is required for a mortgage?

Accepted Answer

Typically, banks require a minimum of 25-30% equity. However, depending on your personal situation, solutions with less equity may be available.

Question 4

What happens if I cannot pay my mortgage?

Accepted Answer

It is important to contact the bank and us immediately. There are solutions such as temporary payment freeze, mortgage refinancing, or extending the period. Ignoring the problem can lead to debts and credit damage.

Question 5

Should I take a fixed or variable rate mortgage?

Accepted Answer

It depends on market conditions and your risk profile. A fixed rate provides certainty but is usually higher. A variable rate can save money but may also increase. We build a balanced mix that suits you.

Question 6

What is PRIME and how does it affect my mortgage?

Accepted Answer

PRIME is the base rate set by the Bank of Israel. Mortgage tranches linked to PRIME rise or fall according to PRIME changes. In 2024-2025, PRIME is relatively high, making refinancing attractive.

Question 7

What is debt restructuring and when is it relevant?

Accepted Answer

Debt restructuring is the process of consolidating all debts (credit cards, loans, overdrafts) into one loan with the goal of reducing monthly payments and improving financial management.

Question 8

Is loan consolidation worthwhile?

Accepted Answer

If it saves you from collapse and creates positive cash flow - it is the only solution. The goal is control over the financial situation, not just reducing the interest rate. We check the profitability of consolidation according to your personal situation.

Question 9

I have no equity for Mechir LaMishtaken, what should I do?

Accepted Answer

Won the Mechir LaMishtaken lottery but lack equity? Contact us urgently! We know how to evaluate the property at its real value and build financing (up to 90% combined) and bridge loans that will allow you to realize your win and get the keys.

Question 10

What to do with a negative BDI?

Accepted Answer

A negative BDI does not mean there is no solution. We work with non-bank financial institutions and build a recovery plan that will get you back on track. The process takes time, but it is possible.

Question 11

How long does debt settlement take?

Accepted Answer

It depends on the debt size and economic situation. A simple process can take weeks, complex situations can take months. We support you throughout the entire process until successful closure.

Question 12

What is the average return on international real estate investment?

Accepted Answer

The average rental yield in the European markets we offer is 7-12% per year, depending on location and property type. Additionally, there is potential for property value appreciation and tax benefits. Georgia offers a lower entry barrier, Budapest offers stability.

Question 13

How much do I keep from Airbnb income?

Accepted Answer

With short-term management, ongoing expenses (electricity, water, building fees, cleaning) are on the owner, plus a management fee of about 20%. Bottom line: you keep about 60% of gross income. Remember: 60% of high tourist income is several times more than 100% of regular rent.

Question 14

Is my money safe?

Accepted Answer

Yes. The property is registered in the land registry 100% in your name. We manage, you own. All documents go through local lawyer verification and full registration procedure.

Question 15

What is the difference between Pre-Sale and Subdivision?

Accepted Answer

Pre-Sale: buying property on paper with 15-25% discount before construction begins, payment during construction. Subdivision: buying an existing apartment, legally dividing it into 2-3 smaller units, earning from higher rental yield + value appreciation.

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