How to check the apartment before buying?
When buying an apartment on the secondary housing market, you need to be especially careful. It is important at the first stages to show caution - then the purchase of an apartment will deliver only positive emotions.
What should I look for when buying property?
After you have selected an object for purchase, you should find out from the seller the following aspects - title deed and other materials for living space:
- a certificate confirming the ownership of each apartment owner;
- passport on cadastral registration and technical characteristics.
Determine whether there are currently registered persons who do not live in an apartment but have retained their rights to own, use and dispose. If this is neglected, then other owners after the sale of the apartment may require the restoration of their property rights.
It is necessary to make a request to the competent authorities in order to find out whether there is no encumbrance in the apartment:
- valid lease agreement;
- Is it a collateral;
- whether the arrest is imposed;
- whether it is an object of rent.
If the apartment was redeveloped, specify whether it was agreed with the special services.
Perhaps the apartment is jointly acquired property of the spouses, then its sale requires the consent of the second spouse, certified by a notary.
If you do not know how to check the apartment when buying, you can familiarize yourself with the DOM.RIA database. There are only verified ads for the sale of real estate in Ukraine. The site specialists carefully study the options for sale, go to the site, take photos, compare the description. Using the base, you can choose a reliable option for the purchase. However, the buyer must check the owner.
What documents to check before buying?
- Help on the list of family members, obtained in the housing office. From this document it will be clear who and when owned and used the apartment, and also the reason for the loss of ownership will be clear.
- The document on the receipt of an apartment in the property, for example, the contract of sale; warrant giving the right to housing; title deed or privatization of real estate.
Based on the documents from the list above, you can understand which documents you need to check by buying an apartment in the future.
- Set how long the seller owns the apartment. It is desirable that the term be above 3 years, otherwise the previous owners may qualify for housing.
- If the owner owns the apartment is not alone, you must obtain the written consent of all owners. It is important that other owners abandon their shares, as they have a preferential right to purchase when selling an apartment.
- Carefully consider checking the dates in the documents about the apartment and certifying the identity of the owners.
- Through the housing office, check for debt and utility payments.
Check the legal purity of the transaction
Checking the apartment before purchase, both in the primary market and on the secondary one, carefully compare the personal data of the owners' documents with the data specified in the materials for the apartment: dates, signatures, passport data - such information should be completely identical. Compare the address of the apartment indicated in the materials and its actual location.
A certificate issued by the BTI will give information about the number of rooms, exact footage, floor and information about the location of the rooms in the apartment. These data should coincide with the fact that the buyer sees in fact.
A certificate from USRR will give all the information about the owner of the apartment, as well as about encumbrances, if any, which will help to verify the legal purity of the transaction upon purchase.
In addition to an extract from the USRR, it is worthwhile to request information from the house book and archived information - in this way the buyer will know exactly how often the property owners changed.
As soon as the buyer finds out that the apartment being purchased is legally “clean”, it is worth finding out how often it was sold. Perhaps there are reasons why the owner wants to part with his property, and the buyer should know about it.
What to check when buying an apartment, if you do not trust the words of the owner? You can chat with neighbors on the site. Perhaps they will be more candid and tell the whole truth about the apartment and the circumstances of its sale.
When all the information is clarified, and the documents are verified, you can proceed to the conclusion of the purchase agreement. It is important to indicate the actual amount paid to the seller in order to avoid trouble in the future.When all moments will be settled, you can safely conclude a sales transaction.
How to buy an apartment?
This question is one of the most basic for the buyer. If he has the means, it is better to entrust the check of the apartment to an employee of a real estate agency who knows exactly where to check the apartment before buying, and will select a truly reliable company through which more than a dozen successful transactions have passed.
When choosing an agency or a realtor, consider experience in the market of services, reviews of former clients, what guarantees are provided by a company or an individual specialist.
It is better to give preference to the agency, since many of them cooperate with credit organizations, which would be an advantage if the client decides to buy an apartment with the help of a mortgage.
Seeking help from the experts significantly saves the client's time, since there is no need to examine dozens of options, study hundreds of announcements and document the transaction. All these aspects are fully included in the tasks of a realtor, especially if you need to check the apartment before buying.
Checking the apartment before buying in a new building
Carefully read the proposed contract. When buying an apartment from a developer, a construction company prepares an equity agreement, and after it is registered, payment is made, which means that the documents are in order. But if at the conclusion they are asked to sign a different document, there may be problems with the organization.
Who is the seller?
When selling an apartment in the primary market, intermediaries are often involved: agents, companies, former owners, etc. - in this case, check the deal as thoroughly as possible before buying. Check:
- whether the contracts with intermediaries are fully paid;
- whether the transfer of ownership from the developer to the buyers is legal.
Check the package of documents
Before building a house and selling housing, the developer must take care of obtaining a building permit from the competent authorities. If such permission is obtained, its terms are normal, then you can not be afraid of buying housing.
Another situation when there is no permits. You should not risk and contact such a developer, wait until he brings all the documents in order.
The building permit is the main document of the developer.The absence of such a document makes it impossible to build a house and sell housing.
Check the payment method offered by the developer
After making a prepayment, if necessary, a check and a cash receipt will be issued to the owner. For non-cash payment, the payment order serves as confirmation of payment. This list of documents is exhaustive. Only they confirm the fact of payment for the apartment.
Be careful when buying an apartment and transferring money: if there is no document confirming this, it is considered that the payment was not made.
Checking the apartment when buying a mortgage
This option will almost 100% protect the buyer. The bank will not give its approval to the developer or the seller with problems. Having received approval for a mortgage loan and choosing a property, bank specialists must give their approval. In addition, such transactions are insured against loss of ownership in the future.
Both the credit organization and the insurance company carefully check the borrower's option, a package of documents is collected, an analysis is carried out. Particular attention is paid to the cleanliness of the apartment itself, especially if it is a secondary housing.In the primary market are important permits from the developer for the right to commissioning and the conclusion of DDU.
In any case, in order to find a really “clean option”, it is better to contact a realtor, and which documents to check when buying an apartment, will be prompted by a hired lawyer.