Methods of buying an apartment
Sale for cash, private funds during the transaction the buyer to the seller entire specified amount. It is possible to collect money to buy an apartment, or borrow. For the safety of the transfer of money is carried out through a notary in the presence of witnesses and issue a receipt. Notary service of control in the transfer of funds paid, the compensation is usually a percentage of the transaction amount. If you want, you can use another way to transfer of funds: via Bank cell, Bank transfer from account to account or credit.
In mortgage — suitable for purchase of both new and secondary housing. When obtaining a mortgage the Bank grants a loan secured by your property. The seller gets the full amount and the buyer monthly repays to the Bank the loan and interest. In most cases the mortgage is issued for a period from 3 to 20-25 years and involves making the first payment in the amount of from 10 to 50%.
In installments — an intermediate option between cash and a mortgage. The buyer makes the necessary to purchase of a flat amount installments period installments are usually small — from a few months to 1-3 years. The program can be interest-free or include additional compensation in the form of interest or fixed payments. Most often, the installment draw up construction companies for the period up to the moment of delivery of object in operation.
What you need to buy the apartment: standard procedure
Set a goal. Define parameters of the future apartment: convenient neighborhood, transportation, location on the floor, the yas acres size and number of rooms. In this case, consider the number of tenants, possible extension of the family, the birth of children.
Analyze your financial capabilities. Purchasing power is based on a real budget and income, but it is always possible to find an alternative. For example, for the same amount you can buy a one-room house in the center or one in the sleeping area, or use the accumulated funds as a down payment and take a loan to more spacious apartment.
Select the method of purchase. If you managed to save all necessary for the purchase of property amount, do not need to overpay for the loan. At the same time, mortgage to help to improve their living conditions right now. In this case, you pay for your own housing, do not live with parents and save on rent.
Examine the real estate market. You can do this yourself or seek the assistance of realtor. When buying an apartment without intermediaries due attention to the selection and the study of the characteristics of the transaction of purchase and sale. Appeal to the specialist can save you time and effort.
Explore any options. Evaluate not only the characteristics of the housing itself, but also the overall condition of the house, infrastructure, the criminal situation in the area. If possible, get to know your neighbors and try to get more information from them: how does the management company with any tenants problems and conflicts, faulty heating system and sewage system in the house. Consider all the costs of property and living in it, for example, calculate how much it will cost the apartment is after renovation and regular transport costs. Do not make a clear choice in favor of the cheapest option find out what was the factor to reduce rates: the urgent need to get money or the lack of demand due to the low quality of housing. Study carefully the legal aspects: who is the owner of the property, whether the consent to sell from all the owners, how many registered residents who and by what right sells. To check ask to see the documents to the apartment.
Think about how you can save. Many owners indicate selling price “with reserve” in the hope of getting more. Given this trend, it is possible to bargain and offer a lower price. So trades were successful and pre-study the situation on the real estate market and the cost of similar proposals. To be more likely to get a discount, don't show extreme interest in buying, even if the object you liked, don't push the seller and give him time to consider the offer.
Interesting! Know the real price of an apartment is possible with the help of professional realtors. Describe in detail the characteristics of the object to one or more specialists and listen to their views about prices. You will have both the buyer and the owner who wants to sell the apartment. So you get an idea about the real cost of housing.
Make a deal. Sign a contract and submit the documents for registration, this can be done through the MFC. Carry out procedure of transfer and acceptance of real estate: inspect and sign the act. Read more about the order of registration of real estate in each case described below.
How to buy apartment in the secondary market, not to deceive
Sometimes the cost of apartments on the secondary housing is cheaper than in the primary market, which is associated with the depreciation of the building and, in some cases, inconvenient layout. Most often the price is lower than the average in the houses of the old Fund. In this case, buying a resale property involves risk: the market consists of a fraudulent scheme, in the documents of the owner may be errors, which will lead to civil disputes after completion of the transaction. To safely buy an apartment on the secondary market through an Agency, you will save time and get additional guarantees and benefits. If you decide to act independently, to follow our tips to not be deceived.
Tip 1. Verify the seller's apartment.
Request a contract of sale, certificate of inheritance or other legal documents. If the sale does the Trustee verify the authenticity of the proxy, it must be notarized. Please note the date of the conclusion of the document if the validity period is not specified, authorization valid for 1 year. Before the signing of the deal insist on a personal meeting with the owner to see whether he agrees with the sale of the property.
Tip 2. Examine the owner.
The most common problems when buying or selling property occur when the owner is suffering from alcoholism, drug addiction or mild mental disorders. His health may cause a claim on the part of relatives, which will consider the sale void.
Tip 3. Check the status of the object.
The apartment should not be under arrest or be used as collateral. To double-check it on the website of Rosreestr based on electronic extracts from USRR. Verify the absence of debts for utilities, it can be done on the basis of receipts and statements of accounts. If the property is jointly acquired marital property, the sale requires the consent of the spouse. If you sold a mamsha al saadiyat share — part of the apartment, other owners shall in writing waive the pre-emptive right of purchase. If the house is listed for resettlement, buy it illegal. If the apartment is rent, the owner has the right to sell it prior to the completion of the lease only with the agreement of the tenant.
Tip 4. Find out how many owners changed the apartment and how often it is resold.
Multiple resales of the property for a short period of time can indicate serious problems: dysfunctional neighbors, a leaky roof, an emergency condition of a building or utilities. To learn about previous transactions, ask to see an extract from the unified state register.
Tip 5. Fix the order of transfer of money.
The seller has the right to request a Deposit as a guarantee that the transaction will take place. Thus it is better to enter into a contract advance that will allow the buyer to withdraw their money in case of unforeseen circumstances. The document can also be prescribed penalties for refusing the deal, as well as information about the technical condition of the apartment. When you receive an advance, the seller gives the potential buyer a receipt. After collecting and processing all the necessary paperwork transaction and shall transfer all remaining amounts: cash, but more often all the same to transfer to a Bank account.
Tip 6. Check in advance the nuances.
Negotiations with the seller should include not only the transfer of money but also of other important issues: the procedure for discharge of residents, the actual liberation of the living space, possibility of transfer of ownership or export of equipment, plumbing, furniture that is in the apartment. All these details are discussed in advance and written in the contract. Very clearly, you need to specify the order of discharge of the residents. To prevent problems after the transaction, you can require that all tenants are checked out before making your purchase.The text size exceeds the maximum