Real estate purchase: Few points to check before buying
The important step of buying real estate is
sometimes an obstacle course for the uninitiated, And when we start to look at
the offers more closely, several questions arise: new or old? Purchase for two
or alone? On plan or not? In some points, Parkwood Collection Floor Plan you will
already have an overview of what awaits you, and the essential things to take
into account before buying.
Market
research
Is the price of the good you covet fair?
Here is the question that every informed buyer should ask himself. To find out,
you have to investigate the prices in the sector by consulting the real estate
ads but also the neighborhood real estate agencies. You can also ask your
notary or the chamber of notaries, who, as market observers, can provide you
with statistics.
Profile
of the property
When buying a house, you need to check the
condition of the roof, the frame, the walls (to detect traces of any cracks),
the ceilings, and the floors. Without forgetting to check the electrical
installation, the plumbing, the boiler, or even the chimney. Do not forget to
inquire about the existence of possible easements, for example, a right of way
on your land. That's not all, take out your meters to measure the surface!
Indeed, the obligation to indicate the surface of the property is not
compulsory for a house, and the seller could indicate to you a more than the
approximate surface.
The
environment of the property
Choosing real estate is also choosing your
environment. Naturally, a good environment values the good. The environment
is the reputation of the neighborhood, for example, a quiet neighborhood,
surrounded by greenery and non-noisy arteries. But also its geographic context:
is it well served by public transport? Is it close to amenities (crèches,
schools, shops, etc.)?The exposure of the accommodation is also a parameter to
take into account (the north orientation is darker than the south orientation
and therefore more difficult to heat).
Verification
of defects
This is about administrative defects since
hidden defects can be detected by the buyer, during his various visits,
especially if he seeks the help of a building professional. The most frequent
example is work undertaken by the former owner, such as a swimming pool or
veranda, without a building permit or without a prior declaration. The safest
way is to approach the town hall, before signing the authentic deed of sale, to
check the conformity of the work carried out. However, if it turns out that
certain work has been undertaken irregularly and without being brought to the
attention of the purchaser, the seller may be condemned for "fraudulent
reluctance." The fact that the seller deliberately omitted to inform the
buyer is characterized by the will to deceive and not by simple negligence. The
deed of sale can then be canceled at the request of the injured purchaser.
Similarly, if you are buying a home that is less than ten years old, ask the
seller to provide you with the declaration of completion and the certificate of
compliance.
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