Are you thinking of moving? Do you need a few tips before buying a home? You’ve come to the right place! In this article brought by Casey Buys Houses, you’ll find the home buying tips you need.
The first thing you have to do before you buy a house is, you should make a list of what you want your new house to have
If you are a large family, one tip for buying a house is to consider buying a property with a garage or a storage room, a place where you can store things that are not frequently used. Also, if you can afford it, try to have a large terrace, garden, or pool. This will make it easier for you and your family to have a fun time outdoors, especially if you live with children.
Keep In Mind The Budget
Another reason you may want to move is the increase in the cost of rent, for example. Before you buy a house, you should think about how much money you want and can spend. You need to know how much capital you have.
In case you are going to take out a mortgage, remember that banks usually finance 80% of the value of the property, so you must have at least 20% insured. But be very careful! The bank grants the mortgage according to the real value
Please note that in many of the Autonomous Communities there are tax discounts
Once you have established your budget, you can concentrate on the location you want your home to be. Ideally, choose 3 or 4 areas that are beneficially close to your personal needs: work, transportation, or school. But not only those, but it is also important that it is located near green areas, health centers, and shops.
A tip for buying a home is to take into account factors such as the safety of the area, whether it is a quiet, residential, or noisy neighborhood. If you have children, knowing this is of vital importance because their welfare is our peace of mind.
Make Sure Everything Is Okay First!
Once you have chosen your home, you must know the condition of the property you want to buy. You can ask a specialist to verify the condition of the property. Remember that there may be hidden structural damage that makes the house a risk. With this review, you can save yourself several future headaches.
To complement the report of this specialist, you should ask for a simple note from the Property Registry. With this document, you will be able to know if the property has any loads, the plans of the property, the layout of the networks (water, gas, electricity, etc.). You can also be sure that there is no lawsuit, litigation, or mortgage on the property, and you will ascertain the status of the property’s deeds. Keep in mind that this document is the only way to prove who the owner of the property is legal.
Keep An Open Mind
Keep in mind that it is very difficult to cover all the possibilities offered by the market. The more you limit your search, the harder it will be to find the best home for you. For this reason, although in this day and age the Internet and social networks are a real option for searching for houses for sale, it is advisable to go to a real estate professional for advice. At Deplace, we will be happy to do so. Our real estate experts will accompany you through the entire buying process. This way, you can be more confident about the characteristics of the properties and have access to a wider range of offers.
Visit The Neighborhood
Visit the neighborhood of the apartment at different times of the day. By day the ghosts disappear, but at night, a neighborhood often offers its true face. Don’t be influenced by the fashions of the moment, not even by the prices. A $50,000 flat in the center of the city can be a real disaster, causing a constant stream of money to spill out, turning it into a $125,000 one in several years. Be clear about what you are looking for and don’t be seduced by offers. It’s you who chooses, not the seller.
When you visit the flat, pay special attention to the orientation of the flat. The East-Southeast is the best all year round. The West is good in the winter, but in the summer, it suffers from a devastating sunstroke. The South is also good if you pay special attention to the elements that generate shade. Orientations such as the North West-North East are prone to energy waste, especially in used homes.
Use Your Sight
When you visit the flat, don’t just use your sight, but your other senses as well. A damp smell gives away something, touching the walls can unmask some imperceptible crack or other stains that went unnoticed. Listen in silence to the noises that may come from the street or the surrounding buildings that will give you signals about the state of the insulation. And, of course, analyze the state of all the elements of the flat, both fixed and installed, the type of windows, the thickness of the walls. In the future, it is not ruled out that buyers of flats may be accompanied by a technician who will advise them conveniently on the suitability of the property or not.
Consult the urban planning that affects the property. These documents are usually posted in pdf format or interactive on the websites of the local councils. If this is not the case, you must make an appointment with the town planning department of the municipal architect and request this information. Why? To find out if the building is affected by an imminent urban development plan, change of alignment, Interior Reform Plan, etc. It is not very pleasant to find out that your newly acquired property will be expropriated in a few years due to the opening of an avenue. According to the previous owner or the agency should have warned you, and that they have incurred in fraud, but it is not of more importance to carry out this previous management or to entrust it to someone expert in the matter that carries it out.
Get information about the current state of the property. This advice applies especially to second-hand properties. Learn the lingo. So you don’t sound silly be prepared for an EMD. EMD stands for Earnest Money Deposit, most sellers require this to show you are serious. In this case, it is likely that you will come across many neighbors and the owner. When you visit the flat, think that although it shines at sight for a splendid reform, there can be defects precisely covered by the plaster that is still wet. Ask without fear if the floor has aluminous. Many times, even if they tell you no, the seller’s facial expressions give away the truth. Visit other floors of the building and ask the neighbors. Be careful with neighborhoods affected by aluminous, find out if the one in the desired floor has suffered from this plague. If it’s a potential candidate, don’t be afraid to ask for a tasting. Sellers want to sell, and if they want to close the deal, they will take care of the cost of that lab test.
Energy / Habitability Certificate
Ask for the energy certificate and the certificate of habitability, and if they are not processed, make the purchase of the property subject to the completion of these works by the seller, of course. Not infrequently I have been called upon by potential buyers of flats who have been asked by the agency on duty to carry out the energy certificate and the certificate of occupancy themselves, something which is manifestly bad practice and which arises from a clear illegality because any flat for sale or rent must have ALL the documents in order. As for the ITE, depending on the age of the property and the autonomous community, it is also mandatory. Find out at the agency, as always, and contrast it with the opinion of an independent technician.
Choosing a house is hard work, but not impossible. With these tips for buying a home and the right advice, you can finally find your ideal home.