Buying a home is one of the largest investments that a person usually makes throughout his life, so it is a decision that should be taken calmly and now it easy to buy Texas tiny home builders with specialized companies such as Prestige Maple Heights.
We review the 9 things you have to check before buying a house:
Who is the owner and what the charges of the house are
To verify that the person who is selling you the house is the legal owner of it, you must request a simple note or certification in the property registry, in which the description of the house will also be reported, and if it is free of charges ( if you have a mortgage, a lien, etc.). You always have to check that the house is free of charges.
It must be taken into account that while the simple note only has an informative value, the registry certification has the character of a public document, granting a presumption of legality to the acts and contracts registered in it reflected, being under the protection and protection of the Courts.
The publication
One of the most important issues when choosing housing is your situation. Shopping in the city center is not the same as in the countryside, so you should assess the availability of those services and facilities that are most important to you and your family: nearby schools, hospitals, supermarkets, means of public transport, good communications etc…
The technical inspection of buildings (ITE)
Buildings that are more than 50 years old must pass this technical control every 10 years, and the Autonomous Communities and Town Councils may establish a more demanding regulation, the examination of which will inform the general state of conservation of the building, the degree of accessibility and its energy certification.
Community of owners
If the house you are interested in acquiring is a flat or part of an urbanization, you will have to pay a fee from the community of owners, which could increase the total to be paid if it is not included. Talking with the president of the community before buying will also help you to find out if there are works planned in the building and what the cost of the spill is for each owner; What is the economic situation of the community (if there are delinquent owners) and what are the statutes (in case they do not allow pets, for example).
Know the minimum sale value of the home
The autonomous communities set minimum prices at which a property can be sold, to avoid the fraud involved in deeding for a lower value than the real one and thus paying fewer taxes. This minimum value is usually calculated taking the cadastral value as a reference, to which a correction coefficient is applied based on the location of the property, its age, etc.
Expenses associated with the sale
Buying a home is a significant outlay. It is necessary to take into account the cost of the real estate agency that manages the operation, the cost of the public deed of the sale at the notary’s office, the cost of registration in the Land Registry, the associated taxes (VAT or Property Transfer Tax depending on whether it is a new or second-hand home, etc.) and the costs of the agency.
If you need to take out a mortgage
It is usual that in order to afford the purchase of a house you have to apply for a mortgage, so it is necessary to review and analyze the different types of mortgages to find the one that best suits you according to your economic situation. You can calculate your mortgage payment with our simulator. In addition, in the final price of the operation, you have to take into account the expenses associated with the mortgage.
By following this little guide, in which we have reviewed the things you should look at before buying a house, you will ensure that the purchase of your new home is a thoughtful and correct decision.