Archive for the ‘Buying Home’ Category
Purchase of home or property off plan. Acquisition of real estate held on the definition graphics (drawings) and / or list of specifications and without that product has been built yet.
When buying an apartment or house on this plane will be built according to the requirements set by the architect on the project for implementation.
The developer must provide the following information:
* The registration data of the construction company in the Commercial Register.
* General and detailed drawings of the house.
* Instructions on the use and maintenance of the facilities.
* A memory of the construction quality of housing
* The total price and payment of housing to buy
It is important to keep the publicity to be handed over to new housing “on background.” Is the value of a contract, since the company is obliged to observe all that advertises advertising and promotional brochures. This information would be useful if you want to perform later amicably any claim or legal.
Important. If you make a home purchase or floor-plan, not yet constructed remember to sign a private contract of sale with the developer indicating the possibility of improvements or modifications. If the developer, by contract, no changes you would have to admit that wait for the completion and delivery of housing to carry them out.
3 Important tips when buying a home :
1. Orientation of the house. A nice view is important. Maybe go to live 20 or 30 years in the home you purchase. But have you thought that the orientation of your home can save you money on heating or air conditioning?. A good guide can allow you to enjoy the sun in winter and shade in the summer relative. Visit the house that interests several hours a day and study the movement of the sun at other times of year. See save heating.
2. Access and store all information, including advertising, on housing characteristics. Ask the developer as much data (maps, brochures, etc..) Possible. It may be useful in the event that the performance of your home does not correspond with the housing that has been offered. Prospectus.
3. Sales contract. Try the contract contained everything you have said or promised. If a new building housing and it is not finished, it is important to collect in detail all the infrastructure and equipment to the developer tells you that your home will have. Important details, qualities, etc .
In choosing a home come into play preferences of each person, however there are things that we think and pass bills over the years. Here is a selection of issues that may be useful consideration.
1. Nett housing. In relation to au once this is necessary to consider:
- current space requirements and foreseeable future.
- price per m2 and priced compared to prices in the area or province. Compare price per m2 with a maximum of deals in the area of interest. Order a professional appraisal that guarantees (we will also be useful for the mortgage).
- real Nett, ie the space available for use in housing, leaving out the storage room, common areas, garage, galleries, etc. In this regard it is essential to give data useful floor area and size of each element of the house. View floor space.
- enclosure of open space. Existing legislation in relation to the walls of terraces and enlargement in general, open spaces. Learn about the practice in the town where you shop. Evaluate the cost of these works.
2. Quality construction. Maybe you are paying a high price for some qualities that do not correspond with reality. Although the developer and builder of your home will offer all the guarantees for the construction (structures, finishes, etc..) Should pay attention to other things:
* A general finishes (windows, insulation materials, shutters, doors …).
* Bathrooms and kitchen. Qualities of areas that will be intensive: bathrooms, kitchen, etc. In general, in every household budgets just spent considerable improvement of such facilities.
* External insulation on neighboring houses and outside. Spain is a country reputed to be very noisy. Evaluate the anti-noise protection for your home: double glazed windows, quality doors, size of the border walls. Make a noise test.
* Technical issues. Ask for advice from friends who understand construction issues if you have questions, or ask an expert. Many homes have higher risks of settlements, cracks, humidity etc. an expert can predict.
3. Pre installation and equipment. Today, many homes are pre installation and installations of kitchens, bathrooms, air conditioning, heating, gas, satellite dishes, security, alarms … You may be paying too much whether these facilities do not suit your needs. Do not be impressed. Home automation and technological advances in housing will bring you this equipment sooner than you think.
The crisis has its attractions for home buyers: their prices are at levels of 2006. And there is good news for home sellers: prices have moderated the fall, after fifteen months on the sidelines. According to data provided by the Housing Ministry itself, the average cost per square meter is now at about 1892.3 euros.
A decrease of 6.2% in house prices during 2009. That the balance of a critical year for this sector. Experts say that this is already a full-fledged slowdown decreasing costs. They are based on the above data that as the end of September last year the pace of price decline of 7.8%.
By all indications, the house would have moved beyond the stage of collapse that has characterized the real estate sector in recent months …
The average price per square meter has decreased (open house) of EUR 1958.1 in early 2009 to EUR 1892.3 (-6.3% of change), this was the level of the housing coste/m2 freedom was in Spain in early 2006.
Remember that the price per m2 reached maximum values during the transition between 2007 and 2008 reaching the euros/m2 2101.4. The cumulative decline of housing prices according to these official figures it is projected to be around 10%. This finding could upset the most pessimistic predictions, such as the IMF, which predicted a housing overvaluation of about 20%.