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Buying an apartment in a new building from the developer

  • December 24, 2018

Buying an apartment in a house under construction has always been a risky enterprise. But along with the risk there is a significant benefit. In order not to stay with a broken trough, be sure to pay close attention to your future acquisition. The risk of losing money spent is significantly reduced or completely reduced to zero if you competently analyze the level of prices for specific apartments in a new building, a reputation and reliability of the developer, as well as documentation.

Now let’s find out what exactly you need to pay attention to if you are going to purchase apartments from the developer in Ivanovo or any other city.

Over the past ten years, the primary housing market has developed well. Not negative cases of loss of funds have never scared away new buyers. Therefore, the market for apartments from the developer continues to be one of the most popular parts of the market.

It is necessary to emphasize the advantages that attract customers so. First of all, this is the price. The farther the project is from the completion, the more tempting the price. But you need to understand that the risk increases. The best option would be to buy an apartment when the project is nearing completion. Thus, it will be possible to save up to twenty percent of the real cost. Another advantage is the opportunity to live in a new house with all the ensuing advantages. This is a modern layout and new communications.

When buying housing in a new building, be sure to pay attention to the reputation that the developer has. Find out how many projects began, and how many projects were handed over. Evaluate his experience. But even if this information is entirely positive, it still does not guarantee you anything.

Highlight the required time and try to study all the documents that the developer must present to you. Pay special attention to the form of the contract. The safest agreement is considered to be the safest. In any case, it is worth studying the contract. It will be best to attract a professional lawyer. If the developer refuses to give you any documents, or does not want to give an agreement for study outside the office, it is worth thinking ten times, if not about conscientiousness, then about the reliability of such a developer.

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