What you need to know when buying an apartment

What you need to know when buying an apartment

Buying an apartment, everyone should understand that the case is very important and painstaking, so you cannot do without attentiveness and knowledge of the necessary laws. Buying apartments in a new building does not mean that it will be practical, good, because no one knows how it was built and with what materials, therefore, to protect yourself and your budget, you need to know the rights and obligations.

The article will be about how to buy an apartment in a house under construction from the owner’s hands.

As a rule, when an agreement is concluded on the purchase of any real estate, it pays a deposit of a certain amount. How much the owner of the property will tell you to pay. The deposit is a certain amount of money that must be paid to buy the owner.

What to do if the deal fell

1) due to the fault of the buyer himself. In this delicate matter, the most unpleasant is that the buyer does not return back.

If the deal fell:

2) due to the fault of the seller himself.

And in this case there is a positive side. If the seller himself broke the transaction for no special reason, then he must give a deposit back.

Conclusion of the contract.

The most operations on money that can be carried out (not only in terms of real estate) is better to fix the contract. The best agreement is the one in which everything is spelled out to the smallest detail and set signatures with the seals.

The most important points that should be indicated in the contract:

1) the amount of the deposit that must be paid to the seller. An explanation of what will happen to the money when disrupting the transaction.

2) a complete and detailed description of the apartment: address, floor, area, passport, etc.D.

3) The final cost of the entire real estate area. This is necessary so that ultimately the apartment does not cost 5 times more than its initial value, the deadline for concluding the main contract for the purchase and sale of the apartment.

4) the terms of real estate transfer to the buyer.