The timing of buying a house always follows the same steps. So that you know what to expect, we explain the most important stages from the desire for your own property to the notary appointment to handing over the keys.
Before you start looking for a property, you should get an overview of your financial possibilities. Make an honest assessment: What is your monthly income and what are your monthly expenses?
How you imagine your life- with large garden parties at your home, your favorite Italian around the corner or close to your family – has a decisive influence on the properties and house types that suit you. Try to look as far into the future as possible and ask yourself where you see yourself in 10 years.
When you have decided for yourself where your dream house should be or whether it shouldn’t be a dream apartment after all, you come to the most exciting but also most nerve-wracking part of the house purchase project and the rest of the process: the search for a specific property.
Even if real estate in some particularly hotly contested markets can only find a new owner by word of mouth, the most productive search is generally in online portals and real estate agents in Delhi.
The buyer of a house or an apartment on plans must be attentive to all stages of the work since he becomes the owner as they progress.
Certain points must nevertheless be the subject of very particular vigilance in order to avoid a subsequent dispute. Here are the essentials of negotiating your off-plan purchase.
How does the purchase of an apartment go?
The buyer has an interest in asking for a detailed descriptive notice as well as a dimensioned plan of the reserved apartment- or even of the building as a whole (plans of the ground floor and floors)- specifying the dimensions of each room accompany the reservation contract.
To have contractual value, these documents must be dated and signed by the promoter and the buyer. The preliminary contract must also indicate that they are indeed attached.
In and of itself, the location is the most important thing in a property. This then results in the price. In addition, legal components still need to be clarified, be it the land register status, any restrictions in construction and so on.
When viewing a house, you face the challenge of paying attention to several things at the same time: atmosphere, room layout and furnishings, but also possible damage.
Pay particular attention to the basement, roof, heating and drinking water system, windows and doors and the facade. It is best to be accompanied by an expert, for example an appraiser.
From the seller’s side, it is very important to consider the property income tax, which can currently move up to 30%, or to calculate it in advance.
And from the buyer’s side, there are the usual ancillary costs that you have to get from a proper broker anyway, according to the general conditions. These range between 10 and 11%, depending on the purchase price.