Posts Tagged ‘home buying’

Home Buying Tips

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 .

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.

home buying

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%.