Keys to go for the opt of a new or second-hand house

Round the holidays we put our batteries with the decisions we make during the summer: stop smoking, join the gym… and even buy, rent or sell a house. Are you looking to buy my house fast! The market knowledge of real estate, legal loopholes and financing conditions existing at the time of the operation, along with the psychological processes involved in negotiations, are essential to the transmission housing is a satisfying experience both for the buyer and the seller.

It is all you need to know if you are looking to buy my house fast.

Buyer

Everything you need to know when you are going to buy a home

To help all those who are thinking of buying a second-hand home, idealist has summarized some basic tips such as searching the internet and using mobile applications, go to real estate professionals, ask for an appraisal or compare the price the owner asks for with the figures of the market. Buying a suitable house is one of the most popular investments of most citizens, so it is highly recommended to weigh well the type of home you want. It is essential to know where the property is if you need reforms or what taxes you have to pay. The 2nd hand houses are cheaper than the new and have lower taxes

Useful tips to negotiate the price

In many home purchase transactions, the buyer has room to negotiate the price. It is possible to bid 10% below the value requested by the seller, but always with a reason that supports it. It is also essential to have the most information available from the seller, such as knowing through the Registry if the house is foreclosed or if you are carrying a mortgage.

The formula to buy a property and not pay taxes

When you buy a property, it is normal to pay VAT, if it is a new building, or ITP (Transfer Tax), if it is second-hand. However, the law allows you to acquire a property and not pay any of these taxes. Of course, only in certain circumstances as noted by the tax advisor Juan Sagal├ęs: that the property is going to go to the business activity and that both the buyer and the seller are entrepreneurs or professionals.

Fixed or variable mortgage, what is better for you?

At historic lows and fixed-rate loans cheaper than ever, mortgaged futures are facing a real dilemma: which alternative is better: a variable or fixed loan? Experts remember that the answer depends on factors such as the amount of money that each client needs or the term in which he will repay the loan. That is why we have created a test that helps to get rid of doubts.

These are the questions that you must ask before signing a mortgage

The purchase of a home is one of the most critical decisions in a person’s life. And usually, it is carried out with bank financing. Regardless of the amount of request, it is advisable to ask a series of questions to contract a mortgage with full knowledge of its clauses and its commissions. It is essential to know if the loan has a floor clause if it establishes a commission for early cancellation or what links it has.