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Showing posts with label Resale. Show all posts
Showing posts with label Resale. Show all posts

Thursday, January 2, 2014

To buy a resale house, reformed vs to be reformed

To buy a flat 'reformed' may be the first step to achieve our dream home or an endless headache

It is difficult to find a resale home ready to move into without reform, however small. so, pulling posts and brick pickaxe, why not invest in a house 'to throw' and put it to our liking?

To buy a second-hand flat and reform it is an alternative that is gaining more and more followers against new developments. these are the PROs and CONs of opting for a house 'to reform'

PRO 

The price: it is always lower if the floor needs renovation. However, note that then have to add what they cost the works

A home to your liking: a reform can start from scratch and decide the distribution, materials and even some openings to the outside

Sustainable materials and facilities: the works are a good time to introduce sustainability criteria in materials and facilities to help save water and electricity. the house will be more environmentally friendly but also more economical

Subsidies: in many cases, reforms of houses or buildings have public support

Taxes: taxes likely to buy a flat resale are lower than for a new home because they are calculated on the value of the property and not on the value of writing

CON

Headache: any work is a pain. before closing a transaction for the sale of a floor to reform, it is advisable to seek counseling to find out the real potential of the home and avoid surprises

Reform cost: before opt for a house 'reform' is important to consult several professionals on the cost of the work or pay more than planned

Permits and fees: to make structural reforms have to ask permission to the homeowners and the city council or the competent administration. this will involve pay fees to perform the works

Current regulations: keep in mind that today, any property for sale or rent must have the energy certificate