Price recorded the first decline of the last 11 years (-1%) even if compared to other countries like the U.S. (-16%) and Britain (-15%). But the most worrying concerns the solvency of the market.
Borrowers increasingly insolvent
According to the report of the property Nomisma in 2008 on the suffering loan will be in about 7 billion on residential market from 120 billion (5.5%). The ascent is clear: in 2006 the suffering amounted to 3.9 billion in the first half of 2007 had already increased to 4.6 billion to end 2007 at 5.1 billion and 5.6 billion still to June 30 2008.
In the second quarter of 2008, the contraction of credit given is of 7.9% -10.1% that is if we consider only those homes. Throughout the first half of this year is down 5.3%. A quarter of the current disbursements of loans are for replacement value in that account for 13% delivery of (3.76 billion over 29).
Market decline of 14%. Prices decreasing slightly (-1%)
In the first half of 2008, sales have decreased by 14 percent. By the end of the year the industry loses 24 billion turnovers. These means 160 thousand houses sold in less (-20%). A return to the levels in 2000-2001. The prices in the first six months of 2008 fell for the first time in 11 years, although in a low (-1%) compared to the rest of the world (-16% in the United States, -15% in England).

The data clearly describe a moment of economic crisis.
Money is finite and the Italians do not have the opportunity to purchase home and borrowing.
Furthermore, all have understood the negative period in loans; few people dare to bear so heavy a debt, knowing the consequences to which they meet.
Finally there is the deflation in the housing market, which consequently slows down the process.
If the house is now 100, I am sure tomorrow will cost 90, then wait 90, but after so that will wait 80 more, triggering a dangerous vicious circle that could cause further damage to the country.
Surely the price will bring more purchases over time in the housing market, but we must await the return of the Break Even Point, or the balance between demand and supply.

• Skipping rata for those who after a year of signing the contract, with regular payments always have problems with payments and want to skip this installment. You can use this clause for a maximum of 5 times, each annually, following a request by registered letter 10 days before the usual deadline.
• Exchange rate that allows you to switch from a fixed rate to a variable or vice versa, but your chance well, because you can do this only once for the duration of the loan.
• Reduction of the installment and then extending the contract period. As in the previous clause is an option to play only once.

Overall the package is not male. Abbinato also to a lowering of rates for this period may be a good opportunity to open a fixed rate loan with these options.

“Making a claim to craft healthy activities, said the President of Liguria Region, Burlando – that due to the difficulties in crisis have access to the interruption of a circular path. Use is set in motion a positive path that is not the economy, but an agreement between institutions and private craft to give them a hand. “

“For their stressed-Burlando-companies must do their part, qualifying products and the step taken by the new quality mark is a step in this direction.”

The measure could help to enlarge the coils close to the credit and thanks to this transfer of money from the region, dealers could only partially recover and make some investment to start the appropriate circle to a positive overall improvement (at least in the region) .

“Banks can use the loans as collateral for refinancing with the ECB official rate. So do not justify the application of a higher spread for contracts coupled to the ECB rate. ” “In Europe – Bini Smaghi said – the credit is based on the banking system and banks are in good condition may return to financing the real economy. We must not however forget that the current crisis was caused by a phase of interest rates brought about very low levels for too long. ”
Why this waiting in the fall?
Now this is finished, but I think in 2009 we will see the improvements and will also be significant.
As for oil but the price drop down does not seem to me always equated to the speed of rise.
Perhaps my impression is only due to the fact that when you pull the strap each notch is always more painful, and to enlarge my case there.
We will see whether in practice in 2009 we have this significant decline.

• 50,000 families
• the value of loans renegotiated by this mode is equal to over 5 billion euros
• contributed 92.22% of the banking system in terms of branches in the territory which have acceded to the Convention
• 2,000,000 customers informed
• 107,000 contacts maintained
• approximately 130,000 individual operations rescheduling carried out since 2007
• over 15,000 operations carried out by porting June 2008

These data, but the press release ends with a sentence including:

This means that from the beginning of the crisis in financial markets, approximately 195,000 families have found an appropriate solution to your loan by seizing the opportunities present on the market.

In my opinion they chose the least worst. Initially, the Bersani decree few banks wanted to follow the government

line, and then with some decisions, the escalation of the crisis and the arrival of further things have changed.
Data published by the measures used were created by the people, but the level of satisfaction of the latter has been or will be analyzed by someone?
How do we know if a solution solves a problem, if you do not ask who is facing?

If you fall into the categories established, families will be able to avoid paying the loan for a year, and the charges will be borne by the region.
Of course the debt should be spread over several years.
It is a further incentive to restart the economy of Tuscany that is much bogged by the problem of credit.
Now the only sector to pull the economy is tourism, but not quite enough to cover the needs of the beautiful region.
In 2009 there could be a slight recovery, thanks to these aids.

In the event that the property purchased is occupied by tenants, to take advantage of the deduction, you must advise within 3 months after the tenant to leave the house (through eviction notice or notice of license) and within the same year in which the house is free can be assigned as the main dwelling.

If the property purchased is to be restored, you can deduct interest only if the principal passes to the new house within two years after purchase (so you have about two years to renovate the house, so as to reside).
If however you have to start from scratch and completely build your home in this case, the amount deductible down to Euro 2582, but the deduction is available only to finance the construction of the main dwelling and in terms of 6 months before or 18 after the start of construction.

• The income must be proven by the statement of income
• the real value of the purchase by
• guarantees over the mortgage (such as external guarantors)

If these parameters have the opinion of the feasibility of the loan will be good and access to the second level where the documents are required.
In this phase the parameters are checked for the one who wants the loan and the many among the most important controls is the ability to cover the installment with its own income.
Executing the relationship between the two values (installment / mortgage * 100), will get a percentage that indicates how much affect the monthly payment of the mortgage on our earnings.
The maximum value that the bank accepts is around 30% -35%.
If you exceed this value may be the difficulties of various kinds: the outcome of bad loan, the request for additional collateral or a reduction of the loan.

Banca Etica is the first institution of ethical finance in our country. Conceived by the organizations of the Third Sector, voluntary and international cooperation. The first Italian experience in this area have been cooperative MAG (Mutue for the self) and their goal was (and still is) two-fold: to create a system of collection and use of savings among members favoring those who were in difficult situations and propose projects with social purpose. Following legislative changes in the financial sector in the 90s, the MAG has been forced to restructure. Required by the new legislation and pushed by the need to give the third sector of a financial entity for the MAG contacted institutions in the world of social cooperation, voluntary and social enterprises. The proposal was very successful and resulted in the association in December 1994 Towards the Ethical Bank, which participated in the movement of the MAG and several organizations representing the entire national landscape associations.

The site I found an interesting project named “project power”. Provides a range of funding dedicated to the field on the energy savings for each type of intervention and the proportion of money we need, you can download a pdf file that lists all the parameters used by them (of course it is better deal for the business person and very carefully).
An example for the ignition of a financing order with the installation of photovoltaic panels:

EXAMPLE OF CALCULATION OF APR / ISC – Indicator summary cost.
FIXED RATE
In the example, the nominal rate is obtained by the IRS in 15 years equal to 3.91% with currency 01/01/2009, plus a maximum spread of 0.85%.
At a demonstration of depreciation for:
- A capital of 10,000 Euros
- Refundable in 15 years in monthly installments
- The nominal annual rate of 4.76%
- With costs of investigation practice for 155 euro
- 0.25% tax amounting to euro 25
The APR / ISC will be equal to 5154%
VARIABLE RATE
In the example, the nominal rate is obtained by applying the Euribor 3 months equal to 3:43% with currency 01/01/2009, plus a maximum spread of
0.85%. At a demonstration of depreciation for:
- A capital of 10,000 Euros
- Refundable in 15 years in monthly installments
- The nominal annual rate of 4.28%
- With costs of investigation practice for 155 euro
- 0.25% tax amounting to euro 25
The APR / ISC will be equal to 4.65%

But I will advise you not to dwell on a single bank, but to seek more institutions of alternative proposals.
Surely you have a broad view of all the offers of the market and you can choose with more awareness.

This opens the credit in the current account moving into, as collateral are agricultural goods in possession and has the advantage that did not advance the calculation of interest on the total amount of credit for 12 months maximum duration of funding.

The open credit can be used in a manner very similar to a normal c / c bancario limited only to the extent of the money granted.

In addition to cash payments and May also issue checks, but not written in the back: “this check is issued in respect of initiation of c / c agrarian, pursuant to art. 11 ln403/77 and the Rules of Implementation “.
In addition to these facilities the state intervenes with subsidies on interest.

As always I advise you to ask several banks for various loan products that you need, but then you know that there is also a credit on account agrarian Create good use.