When we list a property on the real estate market, we usually think only of the profit derived from the operation. However, we must consider another factor: the expenses of selling a house. These costs can range from 5% to 15% of the value of the sale.
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Renovate Before Selling or Sell As Is? Keys to Decide
Renewing a property before selling it, with the investment that implies, is a common question. Generally, renovating a house before listing it is a good idea. Nevertheless, there are always some exceptions we should assess.
...continue reading "Renovate Before Selling or Sell As Is? Keys to Decide"What to Look Out for When Taking Out a Mortgage: Keys to Getting the Best Deal
Purchasing a home involves a high outlay of money and, generally, the need to apply for a mortgage loan. The offer of financial products is broad, but there are also differences between them. Therefore, before taking out a mortgage, it is advisable to analyse each of its clauses.
...continue reading "What to Look Out for When Taking Out a Mortgage: Keys to Getting the Best Deal"Aids for Buying a House in Spain: Financial Backing to Access Housing
Access to housing is one of the most worrying aspects today. Prices, interest rates and the need to pay at least 20% of the home value upfront are just some examples of obstacles to overcome. To partially alleviate this situation, there are public aids to ease the buying.
These aids, granted by the different administrations, are of three types: guarantees to afford the home purchase, tax reductions and financial support for the mortgage.
15 questions you must ask before buying a second-hand property
Buying a home is a process that takes time. An overlooked detail may have a high cost in the future. The best advice would be to make a list of all the issues you must not forget. It's essential to answer all your questions before the purchase if you don't want undesirable surprises.
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