Frequently Asked Questions
Before you start seeing houses and falling in love with some, the most important thing is to make sure that what you want is realistic and more importantly, to know if it is within your reach.
The moment you make that decision, just contact a real estate consultant you trust and make an appointment with him. Write down any doubts you have about the process and state it at the meeting.
Your consultant should clarify all your questions and guide you through the next steps.
If you choose to contact all the consultants who have properties that you would like to visit, I assure you that the process will end up being time consuming and stressful.
It will be easier to decide which consultant you most identify with and then share with him which properties you want to visit. This way, you only have to expose your preferences and needs to just one person. Your consultant will then help you find some properties that fit your search criteria.
The fact that you see many houses a week probably means that you already know several options to present you.
In order to know how far you can invest, you should meet with a credit intermediary and upon presentation of some documents, know your financial capacity.
The tendency is to start looking for properties right away and schedule visits and only after finding one that has met all the search criteria, proceed to financial analysis. This can lead to feelings of sadness and frustration if the financial analysis is not favorable to the demand.
In order to be aware of the market values in the area and with the type you want, you should always turn to a professional in the sector.
The opinion of family members or friends when it comes to the real estate world is not always the most real or appropriate for these times. No matter how much you consider them, choose to be well informed about the values practiced at the time of acquisition.
Buying a home is a complex process.
Depending on the case, you may have to resort to various entities such as engineers, surveyors, architects, notaries, the Department of Finance, City Halls, among others. This is due to the regularization of areas, updating of documentation, legalization of older properties.
There are IMMENSE reasons why you may arrive at the day of writing and it cannot be done.
To be sure that everything will go well on the day of writing, choose to turn to a professional in the sector with proven evidence.
In order to purchase a house, several expenses must be taken into account:
- Property purchase price
- Taxes (Stamp Duty and IMT)
- Notarial expenses
- Expenses for opening proceedings (in the case of bank credit)
- Bank appraisals (in case of bank credit)
- Possible arrangements that you will have to make in the house
The best time to buy a home is when you need it and feel that the right time has come.
The real estate market is a cyclical market, there are times when there is a lot of demand which causes values to rise, and there are markets where demand has decreased, which causes prices to fall. However, the important thing is that you are aware of the real values of the market at any time, in order to know that you have not bought your house for more than what it is worth in that market.