finance
Jeonse Safety Analyzer: Protect Your Housing Deposit
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Ahoxy Housing Safety Safeguarding Your Largest Asset
In the Korean “Jeonse” system, the deposit often represents a significant portion of a tenant’s net worth. With the rise of “Tin-can Jeonse” (where debt exceeds property value), conducting a thorough risk assessment of the property’s financial health is no longer optional—it’s a survival necessity.
Protect Your Deposit
* This is a simulation and does not guarantee insurance approval or legal safety.
Scan Your Property For Safety
Top Safety Signals to Watch
- LTV (Loan to Value): If the total of the deposit and existing mortgages exceeds 70-80% of the market value, the property is in the danger zone.
- Priority Claims: Ensure no other debts have a higher legal priority than your claim to the deposit.
- Insurance Eligibility: Check if the property is eligible for public deposit guarantee insurance.
Use the Ahoxy Jeonse Safety Analyzer to get an objective risk score before making a commitment.