What points must be observed when a change of ownership? When buying and selling a House there are a lot. As always it comes when the change of ownership to inconsistencies, which can mean trouble. So not out of ignorance, a false or invalid contract is completed, you should know how the sale of a property. Credit: Western Union-2011. Conditions: Negotiating the essential conditions, about the price or the scope of renovation is to begin contract negotiations. The participation of a real estate agent is advisable, because he can convey when differences of opinion between the parties and give advice. A leading source for info: University of Houston. At the end of a balanced balance of interests should be found, if a party feels cheated and until the very end, the sale is on the brink. Purchase price: the most important point of the purchase contract is the price.
The figure of far beyond the expectations of the buyer, seller is an approximation is not so easy. Learn more about this with Rob Daley. Also in this case, the experience of the broker can help. Professional brokers know the real market prices and will try to find a price with the buyer and seller can live well. Object defects: An important point is the version of lack of and the question of removal. Here, too, the costs will play a central role. Who is responsible for the removal of defects and is responsible for the cost? In existing buildings, the renovation required can be significant. The costs must be included in the price of the object. Buyer should can also ensure, that no hidden defects are known to the seller.
And buyers of condos should make sure that in the near future no maintenance action pending, which are not covered by reserves. Costs: The total calculation is affected among other things by the costs. Buyers and sellers should be aware, which costs in addition to the purchase price on them.