Buying a home is not a decision that allows for mistakes. It doesn't matter if it's your first time buying a home or if you already have some experience; the final decision should not be based only on the first impression. Appraising a home requires preparing some questions and carefully analysing the answers. Only in this way will you avoid unpleasant surprises.
Key questions for evaluating a flat
Evaluating a flat involves knowing many different aspects that can influence the purchase decision. If the answers are satisfactory, the purchase and sale process can continue normally. If you have any doubts, it is reasonable to consider whether to go ahead or negotiate the price.
Ideally, write a list of the questions so you'll not forget anything important. You can structure them into several sections:
General questions about the property
They can help you determine whether the property price is adequate or can be negotiated. Sometimes, you will have no choice but to trust the owner's word, but when in doubt, it is best to persist until you have a satisfactory answer. These questions may include the following:
• What the home is like: built and functional square metres, common areas, if it has a storage room, etc.
• Why the property is for sale. If the owner needs to sell quickly, you can negotiate the price.
• How long the property has been on the market? If it has been there for a long time, it will be easier to negotiate the price.
• When you can move in. Ideally, you should have a set date.
• Condition of the property: if it has any non-visible damage, damp or hidden defect; if it has suffered any major problems, especially structural; if it has been recently renovated, or the installations are old, etc.
• What the neighbourhood is like? Are there any conflicts or any relevant aspects? In this sense, we recommend asking a neighbour too.
Questions about the legal status of the property
In this regard, it is fundamental to know the following:
• Is there any legal or property problem that could affect the purchase? For example, conflicts between heirs when it is an inherited flat or any urban issue.
• If the property has outstanding charges or debts. It is advisable to check this in the Property Registry and ask the building manager and the Town Hall.
• If the owner has all the documents necessary for the purchase, from the energy certificate to the habitability certificate or the Technical Inspection of Buildings.
Questions about housing costs
The maintenance of a property involves certain payments and taxes. These additional costs are sometimes significant and add up to the mortgage payment. What questions should you ask?
• How much is the community fare? Is there any pending apportionment?
• How much is paid for IBI, since this tax varies considerably from one locality to another?
• What is the amount of other municipal taxes, such as garbage or circulation tax?
However, before appraising a home, it is essential to make a good selection. At Spainhouses.net, you will find a wide range of real estate to choose the home that will meet all your expectations.