The easiest, and at the same time the most effective, way - to collect all the necessary information. This will allow you to independently control both the choice of the property, and the whole process of buying it.
Questions to the agency
If you have a reliable friend to whom you are willing to entrust the maintenance of the sale, or if you are 100% confident in their abilities, help real estate agent you do not need. But, as practice shows, it is best to contact a professional. But before that you must make sure that the agency really helps you at all stages of the purchase.
1. LicenseIn most countries realtor activities subject to licensing, so ask the agency to show you a license, as well as other documents (for example, for registration in tax authorities) who can confirm their ability to represent your interests. Ask how many years the agency is working in the market. Read opinions about agency with other operators market and look for information about the agency on the Internet (especially on discussion forums).
2. The CommissionSpecify the conditions under which an agent is paid a commission: is a fixed rate does not depend on whether it is on additional factors, whether there are cases when the fee is not charged. Even if you trust the agency can find out about commissions in other companies. For example, in Greece commission rate is fixed in the legislation, it is 2% of the appraised value of the state object and is specified in the contract.
3. DiscountsCurrently, demand for most real estate markets declined. In connection with the plight of lending institutions, investors from the UK, US, Ireland refrain from buying houses and apartments abroad. In the current situation, builders are willing to provide discounts. Try to offer a lower price on a particular object.
4. Duties of AgentCarefully check the contract, what services you provide, for example, how many objects the agent undertakes to show you.
Questions about the property
Any house or apartment looks great ... the picture! In reality, he may be not only the advantages but also disadvantages.
1. InfrastructureFind out whether the property is provided with everything necessary for comfortable living:- What additional services (gym, pool, spa, medical services, etc.) Provides a residential complex or a cottage village, where you are going to buy a property, and which of these services are chargeable;- How guarded residential complex;- What about parking;- Whether there is a telephone, Internet, cable or satellite;- Whether there are nearby school, kindergarten, shopping center, some shops (especially food) market, pharmacies, medical facilities, entertainment facilities, recreational areas;- Is it possible to call a doctor to the house;- What is the accessibility at home: how far public transport links, the airport, railway station, highway;- What is the level of noise and air quality.
2. LocationIf the property is located in the city, please specify in what area. What characteristics of the area, its pros and cons?
If you have chosen house on the coast - as far up the sea? The distance in a straight line or real? Do I have to descend from the hills? This proximity to the sea has its own disadvantages: besides the higher cost, there is still strong and humidity, because of what have often make repairs and change the furniture.
If it is a house in the countryside find out how far to the nearest town?
3. DispositionCheck out the layout of the apartment (house): is there-through or adjacent room, which houses the kitchen and bathroom, as the windows are located and where they go, is there room and utility rooms in the attic.
4. OwnershipLearn what ownership acquired property. Do you give it to the full ownership (freehold) or leasehold (leasehold)? Each country has its own nuances associated with questions of ownership. For example, in Finland, apartment buildings are typically owned housing stock companies and buying an apartment actually means the acquisition of shares in a given society, which give ownership housing.
5. InspectionIf you have suspicions about the state house or apartment, you can conduct an independent examination. Ask the agency to recommend you a company that specializes in conducting such inspections. In France, for example, this inspection is mandatory and its cost is included in the price of real estate.
Questions about the transaction
To familiarize with the scheme of the acquisition of real estate in a particular country, you will be able to in the relevant section of our directory (on other portal pages Prian.ru). At the same time, only a general knowledge of the algorithm of this procedure is sometimes insufficient. For example, you may ask, what is the duration of the transaction, that is, through what period you will go to the ownership of the purchased property. Who is involved in the transaction, in addition to the seller and buyer? Specify at what stage you can opt out of the deal, without risking losing introduced bail. Will your agency in getting a mortgage?
One of the key issues is the payment scheme. In some countries, when buying a property is used only non-cash payments, in other practice payment in cash. Find out which method is preferable in the country where you are going to buy.
What is important is the issue of translation drawn contract. For example, in Egypt it is prepared in two languages (Arabic and Russian, if the buyer the Russian-speaking), but in the event of any problems judicial authorities recognize only the Arab part of the contract. Therefore, if you suspect the correctness of the translation, you can contact the Russian Embassy in Cairo or to attract third-party interpreter.
Questions on the content of the real estate
1. PaymentsFind out exactly what utilities you must pay and how they are implemented. If you buy an apartment in an apartment building, specify, whether you are obliged to do deductions for home repairs? Have a receipt in the mail? How often?
2. ManagementLearn how property management is carried out: Is there a management company or a controlling body (eg meeting residents)? Who should be treated on issues related to housing? Will a realtor pass it in trust in what the pros and cons of this procedure?
Depending on a particular type of acquired real estate vary and questions that you should pay particularly close attention to when buying.
Questions on real estate under construction
1. GuaranteesTo reduce the risks when buying real estate under construction, you must make sure that the house will indeed be built. First check that the builder license and other permits. Make sure that the contract prescribed deadlines property and find out what other warranty gives developer.
2. LandFind out what the status of the site on which under construction. Do the right to make construction here? Find out whether the land belongs to the developer; if not, what are the existing contractual relations with the owner.
3. PaymentWhen you buy already constructed property usually paid bail, and then the rest of the amount. As for the object under construction, here are billed by clearly specified scheme, which usually tied to the construction phase. Pay special attention to the timing payment, as calculated for non-compliance penalties.
Questions for new buildings
1. Letting PropertyYou are told that the object built. Is it really? Find out how and in what time does the procedure putting the object of the state commission and whether it was the builder.
2. CommunicationMake sure that all communications (electricity, water, sewer, gas), summed, and existing facilities can withstand load. Issues of water supply are particularly relevant for Montenegro, Egypt and other southern countries. In the Nordic countries - such as Finland - the most important is the question heating.
3. Condition of PropertyWhat you see going into the built flats or home? Will there be room decoration? Is the room furnished? Does the cost of household appliances?
Questions about the secondary housing
1. Ownership HistoryFind out who owned the property until the seller or simultaneously with it and for what reasons was accomplished its resale. Are there any "extra" property owners - those whom the seller not mentioned, but who in this case is the right of ownership.
2. Property ConditionWhat is the status object? Do I need to carry out repairs, if necessary, to what extent? Find out what legal rules governing the issue of repair of private houses, apartments and apartment building in which the apartment is located. For example, in Germany, most apartment buildings have a special fund for the necessary repairs (Instandhaltungsrücklagen). Money it receives each month from all apartment owners. Necessarily, request a certificate of value amount which is in this fund.
Questions for land
1. PurposeFind out whether you can build on the site. What exactly can you build? Is it possible to farm?
2. LocationIs the house in the environmental or other restricted area (for example, may be located near the strategic or military installation)? For example, in Estonia a large part of the land is the territory of the reserve.
Issues for Investors
If you purchase a property for the sole purpose of investing, the main issue for you should be: what type of real estate and which area has the highest liquidity. Find out also what level of profitability and how fast return on investment. On what terms you can take your property for rent through a realtor? What percentage of income you will be given to the state in taxes? What is important is the question of how high the level of tourism activity in the area where you plan to buy real estate, and it depends on the time of year.
Questions about the lease
If you do not have enough money to buy property abroad, but you want each year spend some time abroad, you can just rent a place. This process is usually not associated with additional difficulties, but here there are some nuances that are worth paying attention to.
1. The homeIf you intend not to buy and to rent real estate, primarily learn as much as possible about the host and that for whatever reason they rent the property.
2. ContractMake sure the contract clearly stated terms of providing you with housing and fixed payment. Ask, whether included in this amount utilities. Should you bail?
3. InventoryCheck the furniture for damage to you then be accused of her deterioration. Also check the serviceability of home appliances that you leave home. All this should be spelled out in the contract.
Do not be afraid to ask questions! The more information related to buying property abroad you get, the more chances to get in the end your dream house, which will serve you for years to come.
Questions to the agency
If you have a reliable friend to whom you are willing to entrust the maintenance of the sale, or if you are 100% confident in their abilities, help real estate agent you do not need. But, as practice shows, it is best to contact a professional. But before that you must make sure that the agency really helps you at all stages of the purchase.
1. LicenseIn most countries realtor activities subject to licensing, so ask the agency to show you a license, as well as other documents (for example, for registration in tax authorities) who can confirm their ability to represent your interests. Ask how many years the agency is working in the market. Read opinions about agency with other operators market and look for information about the agency on the Internet (especially on discussion forums).
2. The CommissionSpecify the conditions under which an agent is paid a commission: is a fixed rate does not depend on whether it is on additional factors, whether there are cases when the fee is not charged. Even if you trust the agency can find out about commissions in other companies. For example, in Greece commission rate is fixed in the legislation, it is 2% of the appraised value of the state object and is specified in the contract.
3. DiscountsCurrently, demand for most real estate markets declined. In connection with the plight of lending institutions, investors from the UK, US, Ireland refrain from buying houses and apartments abroad. In the current situation, builders are willing to provide discounts. Try to offer a lower price on a particular object.
4. Duties of AgentCarefully check the contract, what services you provide, for example, how many objects the agent undertakes to show you.
Questions about the property
Any house or apartment looks great ... the picture! In reality, he may be not only the advantages but also disadvantages.
1. InfrastructureFind out whether the property is provided with everything necessary for comfortable living:- What additional services (gym, pool, spa, medical services, etc.) Provides a residential complex or a cottage village, where you are going to buy a property, and which of these services are chargeable;- How guarded residential complex;- What about parking;- Whether there is a telephone, Internet, cable or satellite;- Whether there are nearby school, kindergarten, shopping center, some shops (especially food) market, pharmacies, medical facilities, entertainment facilities, recreational areas;- Is it possible to call a doctor to the house;- What is the accessibility at home: how far public transport links, the airport, railway station, highway;- What is the level of noise and air quality.
2. LocationIf the property is located in the city, please specify in what area. What characteristics of the area, its pros and cons?
If you have chosen house on the coast - as far up the sea? The distance in a straight line or real? Do I have to descend from the hills? This proximity to the sea has its own disadvantages: besides the higher cost, there is still strong and humidity, because of what have often make repairs and change the furniture.
If it is a house in the countryside find out how far to the nearest town?
3. DispositionCheck out the layout of the apartment (house): is there-through or adjacent room, which houses the kitchen and bathroom, as the windows are located and where they go, is there room and utility rooms in the attic.
4. OwnershipLearn what ownership acquired property. Do you give it to the full ownership (freehold) or leasehold (leasehold)? Each country has its own nuances associated with questions of ownership. For example, in Finland, apartment buildings are typically owned housing stock companies and buying an apartment actually means the acquisition of shares in a given society, which give ownership housing.
5. InspectionIf you have suspicions about the state house or apartment, you can conduct an independent examination. Ask the agency to recommend you a company that specializes in conducting such inspections. In France, for example, this inspection is mandatory and its cost is included in the price of real estate.
Questions about the transaction
To familiarize with the scheme of the acquisition of real estate in a particular country, you will be able to in the relevant section of our directory (on other portal pages Prian.ru). At the same time, only a general knowledge of the algorithm of this procedure is sometimes insufficient. For example, you may ask, what is the duration of the transaction, that is, through what period you will go to the ownership of the purchased property. Who is involved in the transaction, in addition to the seller and buyer? Specify at what stage you can opt out of the deal, without risking losing introduced bail. Will your agency in getting a mortgage?
One of the key issues is the payment scheme. In some countries, when buying a property is used only non-cash payments, in other practice payment in cash. Find out which method is preferable in the country where you are going to buy.
What is important is the issue of translation drawn contract. For example, in Egypt it is prepared in two languages (Arabic and Russian, if the buyer the Russian-speaking), but in the event of any problems judicial authorities recognize only the Arab part of the contract. Therefore, if you suspect the correctness of the translation, you can contact the Russian Embassy in Cairo or to attract third-party interpreter.
Questions on the content of the real estate
1. PaymentsFind out exactly what utilities you must pay and how they are implemented. If you buy an apartment in an apartment building, specify, whether you are obliged to do deductions for home repairs? Have a receipt in the mail? How often?
2. ManagementLearn how property management is carried out: Is there a management company or a controlling body (eg meeting residents)? Who should be treated on issues related to housing? Will a realtor pass it in trust in what the pros and cons of this procedure?
Depending on a particular type of acquired real estate vary and questions that you should pay particularly close attention to when buying.
Questions on real estate under construction
1. GuaranteesTo reduce the risks when buying real estate under construction, you must make sure that the house will indeed be built. First check that the builder license and other permits. Make sure that the contract prescribed deadlines property and find out what other warranty gives developer.
2. LandFind out what the status of the site on which under construction. Do the right to make construction here? Find out whether the land belongs to the developer; if not, what are the existing contractual relations with the owner.
3. PaymentWhen you buy already constructed property usually paid bail, and then the rest of the amount. As for the object under construction, here are billed by clearly specified scheme, which usually tied to the construction phase. Pay special attention to the timing payment, as calculated for non-compliance penalties.
Questions for new buildings
1. Letting PropertyYou are told that the object built. Is it really? Find out how and in what time does the procedure putting the object of the state commission and whether it was the builder.
2. CommunicationMake sure that all communications (electricity, water, sewer, gas), summed, and existing facilities can withstand load. Issues of water supply are particularly relevant for Montenegro, Egypt and other southern countries. In the Nordic countries - such as Finland - the most important is the question heating.
3. Condition of PropertyWhat you see going into the built flats or home? Will there be room decoration? Is the room furnished? Does the cost of household appliances?
Questions about the secondary housing
1. Ownership HistoryFind out who owned the property until the seller or simultaneously with it and for what reasons was accomplished its resale. Are there any "extra" property owners - those whom the seller not mentioned, but who in this case is the right of ownership.
2. Property ConditionWhat is the status object? Do I need to carry out repairs, if necessary, to what extent? Find out what legal rules governing the issue of repair of private houses, apartments and apartment building in which the apartment is located. For example, in Germany, most apartment buildings have a special fund for the necessary repairs (Instandhaltungsrücklagen). Money it receives each month from all apartment owners. Necessarily, request a certificate of value amount which is in this fund.
Questions for land
1. PurposeFind out whether you can build on the site. What exactly can you build? Is it possible to farm?
2. LocationIs the house in the environmental or other restricted area (for example, may be located near the strategic or military installation)? For example, in Estonia a large part of the land is the territory of the reserve.
Issues for Investors
If you purchase a property for the sole purpose of investing, the main issue for you should be: what type of real estate and which area has the highest liquidity. Find out also what level of profitability and how fast return on investment. On what terms you can take your property for rent through a realtor? What percentage of income you will be given to the state in taxes? What is important is the question of how high the level of tourism activity in the area where you plan to buy real estate, and it depends on the time of year.
Questions about the lease
If you do not have enough money to buy property abroad, but you want each year spend some time abroad, you can just rent a place. This process is usually not associated with additional difficulties, but here there are some nuances that are worth paying attention to.
1. The homeIf you intend not to buy and to rent real estate, primarily learn as much as possible about the host and that for whatever reason they rent the property.
2. ContractMake sure the contract clearly stated terms of providing you with housing and fixed payment. Ask, whether included in this amount utilities. Should you bail?
3. InventoryCheck the furniture for damage to you then be accused of her deterioration. Also check the serviceability of home appliances that you leave home. All this should be spelled out in the contract.
Do not be afraid to ask questions! The more information related to buying property abroad you get, the more chances to get in the end your dream house, which will serve you for years to come.
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