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In details | LIFE IS GOOD 21
By the way, there is no guarantee that bank will approve
the possibility of crediting.
To borrow and to buy on credit is the same but just more BACKGROUND
expensive than a mortgage. It is an installment from the
developer. You are told that this is an interest-free installment INFORMATION
plan. In fact, the developer already includes interest in the
value of the facility, because there is a difference between COOPERATIVES AS A FORM OF MUTUAL
the price for 100% of the cost and by installment. In this case, ASSISTANCE APPEARED MANY AGES AGO.
you purchase NOT an apartment, but only a SHARE in the IN TSARIST RUSSIA, THE COOPERATIVE
construction business and bear all the construction risks.
MOVEMENT BEGAN IN 1865, WHEN A SAVINGS
AND LOAN PARTNERSHIP WAS ESTABLISHED
RELIABLE ALTERNATIVE! IN ROZHDESTVENSKOE, VETLUZHSKY DISTRICT
OF THE KOSTROMA PROVINCE. THE FIRST
Prior to 2004, when the mortgage was introduced, consumers COOPERATIVE ORGANIZATIONS WERE
have actively used another scheme known all over the world for a FOUNDED BY INTELLECTUALS IN RUSSIA.
long time and very popular in the Soviet Union, and which is still ANCESTORS KNEW A LOT ABOUT THE
very popular, for example, in Germany and the United Kingdom. ECONOMY; IN A LARGE COUNTRY SOLUTION
These are cooperatives!
Actually, this is exactly how Best Way, a noncommercial OF FINANCIAL PROBLEMS JOINTLY IS
organization and housing cooperative, the partner of the Life Is BENEFICIAL! SOON, RUSSIA TOOK FIRST
Good, offers to solve the problem. It operates strictly within the PLACE IN THE WORLD BY THE NUMBER OF
frameworks of the Housing Code of the Russian Federation. It gives COOPERATIVES AND THEIR MEMBERS EARLY
its shareholders the opportunity to purchase real estate profitably IN THE 20TH CENTURY. NO COUNTRY HAD
for them.
The Best Way Housing Cooperative is the winner of the National EVER KNOWN SUCH A RAPID GROWTH OF
Award “Financial Olympus 2015”, the annual national award “The COOPERATION. BY 1917, THE NUMBER OF
Economic Support of Russia”, the award “The Elite of the National COOPERATIVES OF ALL TYPES WAS CLOSE TO
Economy” and the award “Enterprise of the Year”. In 2017, it received 50,000. THEY CONSISTED OF ABOUT 14 MILLION
a certificate from the Chamber of Commerce and Industry of the PEOPLE.
Russian Federation, was entered into a Non-State Register of
Reliable Partners for business activities in the Russian Federation
and abroad. This is a well-deserved assessment of work.
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