SAĞLAM TAPU features in the press

Mr. Ertuğrul Bul, the CEO at FU, has been quoted as saying “from a perspective of people living in Turkey, deciding to buy real estate is rather a rare occasion. Generally real estate purchase is limited to one or two transactions in a lifetime. Because of its structure, a potential buyer may not be familiar with the detailed procedures of the mortgage. When people buy real estate they actually acquire all the responsibilities that are transferred with it. Imagine that you have seen and fallen in love with an apartment and you decide to buy it. You may overlook many restrictions in areas or spaces that are invisible to you, and which may result in depreciation of its value. Regardless of whether that apartment is brand new or second hand, there may be certain charges on its land registry that could result in financial risks, or pose restrictions as to how the property is used. We call these restrictions ‘encumbrances’. If the buyer is not aware of the potential encumbrances over the real estate, the experience of the purchase will be a fraught one. The figures for property with encumbrances are not minor: Nearly 70% of transactions include encumbrances. Our SAĞLAM TAPU service minimizes the associated risks. Consider that a car buyer needs an auto expert’s opinion. This is the same: Professional support is a must for potential real estate buyers.”