Purchasing a house
It is important to know the opportunities available for purchasing a house in the market and if the construction meets the requirements, considering the physical characteristics of the same. This search can be done personally or hiring the services of a real estate agency.
Then, the real estate agency works only as an intermediary between the buyer and the seller who connects them and, if they reach an agreement, sign a sales contract. This agency is hired by the seller and will handle the corresponding procedures, for which the latter must pay a fee.
These procedures may include (they are not mandatory for the buyer): signature of the deed before a notary public, presentation of the deed before the Land Registry, payment of taxes and even mortgage financing.
In case you are purchasing a house, the buyer must visit the place where it is located. Also, the buyer should verify that everything the property offers is in order, from the materials to the facilities and the distribution of the space. It is important to verify its luminosity, environment, view, access to transportation, nearby services, etc.
The seller must know the opinion of the buyers (about any damage inside or outside the home).
Additionally, the buyer must make sure to gather several options to choose from when he/she inquires a little more about the house. This additional information about the home may include its legal situation (pending charges to be paid, who is the owner and other details that are in the Property Registry), so the buyer may still have options to choose from.
When it comes to buying off plans (the home has not been built yet), the buyer will only have access to the information displayed on the developer plan, which the developer must be committed to executing according to the contract signed between both parties. For this reason, it is necessary to know the legal situation, in this case, of the construction company.