Why is the recuperation cost of using a Guarantee Trust half of the costs involved using a mortgage if a mortgage is still involved?


A mortgage must be collected through a judicial process. The professional honoraries of the lawyer directing the process are fixed by law, at a percentage of 12.5% approximately. To this sum you have to add other related costs of the foreclosure auction.

The collection process using a Guarantee Trust entails only one publication and the honoraries amount to only 6,25% that is, half of the legal costs of a mortgage judicial process.






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