Sometimes, accepting an inheritance involves facing a series of expenses that are difficult to bear. In these cases, inheritance loans can represent a good solution to avoid rejecting the legacy of a loved one.
What is an inheritance loan?
When the necessary credit is not available to meet the costs of accepting an inheritance, many people choose to apply for a loan or bank credit. This product is commonly referred to as an inheritance loan.
Loans for inheritances are a somewhat unknown option, but highly recommended when it comes to facing all the expenses derived from the acceptance of an inheritance. However, for people who are already in debt or who have a bad history of debts or delinquencies, accessing this type of financing through the bank is completely impossible. In these cases, the only alternative is to apply for an inheritance loan through a private lender .
It should be noted that private loans are as safe as loans that can be acquired through a bank. Trustworthy lenders or private companies usually have a legality section, through which it is possible to check that the financial institution is approved, regulated and supervised by the Bank of Spain. For this reason, we recommend that, before signing the contract with a private entity, you check that they have all the certifications.
In addition to being totally safe, applying for an inheritance loan through a private entity has important advantages :
- Faster throughout the process
- It does not matter to be on delinquency lists, such as RAI or ASNEF
- You can get a custom installment plan
- Includes a free study to analyze the situation
What are the costs of accepting an inheritance?
When we refer to the acceptance of an inheritance, it is important to differentiate two types of expenses. On the one hand, the fees of the professionals who are responsible for managing the entire process (lawyers, notaries ...) must be covered. In addition, the price may vary depending on the autonomous community, but it must face three types of taxes:
- Regardless of the type of property, inheritance and gift tax must be paid.
- In the event of inheriting a property, all the expenses generated by notifying the changes in the ownership of the property to the Property Registry must be met.
- In inheriting a home, the Municipal Capital Gain Tax must also be paid.
Home loan to pay for an inheritance
When financing is needed for the acceptance of an inheritance , one of the best solutions is to use the inherited properties to finance the cost of the operation. This type of financing is called a mortgage loan and is signed in the same act as the acceptance of inheritance. In this way, the person who inherits becomes the owner by notarial deed and can mortgage the property.
Through Dark Keep, you can get a home loan in the best conditions. Our process to get a loan to pay inheritances through our finance company is fast and decisive. We offer a response in less than 48 hours, because we know how important it is to have the necessary support at the right time.
The procedure to get a mortgage loan to pay for an inheritance is as follows:
- We analyze the amount that is needed
- We finance with inherited assets
- We proceed to appraise the goods
- We finance up to 45% of the appraisal value
- We design an installment plan tailored to the client
Loans for acceptance of inheritances at Dark Keep
At Dark Keep we offer financing for the acceptance of inheritances of all kinds. We help, advise and finance you to face all the expenses derived from the inheritance. In addition, if you need it, we can also provide you with additional liquidity.
At Dark Keep we are clear that each inheritance deserves a personalized treatment. For this reason, we take care of you personally and work to get you a solution tailored to your needs. For more information, we recommend you contact us by going to your nearest office or by filling in the contact form on this page.