The deadline for the discount campaign from TOKI ends today: who can take advantage?

1 Minister of Environment, Urban Development and Climate Change, Ojaseki, has announced the launch of a 25% discount campaign for residential and commercial properties purchased through the State Housing and Communal Development Organization (TOKI) and continuing payments.

The period given to participate in the TOKI discount campaign started on September 21 and it expires today (October 19, 2023). After this date, it will not be possible to take advantage of this discount on debt repayments.

After the campaign date, it will not be possible to take advantage of this discount on partial payments and debt repayments. Residential and commercial buyers with 12 or fewer payments remaining will not be able to take advantage of the discounted campaign.

4 WHO CAN USE THE CAMPAIGN?

Shoppers who are unable to pay off their debt in full will be able to partially benefit from the campaign with a 25% discount if the balance owed is at least 25%.

5 THOSE WHO WANT TO PAY OFF THEIR DEBTS CAN USE A MORTGAGE CREDIT THROUGH A SUPPLIER BANK.

Buyers must first pay monthly installments for the month for which the debt is being repaid as of the date of application. There is also a requirement of no outstanding past dues and property taxes. Buyers included in the residential and commercial campaign can take advantage of the discount by paying off their outstanding debt and taking out a mortgage loan with the intermediary bank with which they have entered into a real estate purchase agreement.