The secondary real estate has its advantages: the house is already built, the area is habitable, and the infrastructure is developed. But the risks when buying an apartment in the secondary market, perhaps even more than in the case of new buildings. Here are the best tips to find your property.

  1. Purchase under false power of attorney

Black realtors do not slumber; their victims can be lonely old people, people who are dependent on alcohol or drugs, orphans. This is their apartment swindlers reissue on front men and put up for sale, the owners are discharged and resettled in the deafness. Since scammers need to act quickly, they usually underestimate prices. Although the low cost of housing is only the first sign for the buyer.

  1. Illegal privatization

Each apartment in the secondary market has its own history. Begin testing after the privatization of housing. The fact is that in this procedure all those who were registered in the apartment were to participate. And if one of the members of the family has forgotten about the rights, for example, the mother privatized the real estate while the son was serving a sentence, then as a result you will suffer as a buyer. The deal could be declared void due to illegal privatization. Watch out if at the time of the transaction the spouse or spouse of the apartment owner is declared disappeared. An absent relative can appear in a few years and claim their rights to the apartment. Swift Removals London

  1. Uncoordinated sale

Find out how many apartment owners have. For sale, both spouses (or former spouses who were married at the time of buying the apartment) must agree. If there are underage children among the property owners, the bargaining and guardianship authorities should approve the transaction. In other words, absolutely all apartment owners must say a decisive yes. If one of them does not do this and after the transaction declares his rights, it is recognized as invalid.

  1. Unaccounted-for inheritance

Check how many times that apartment was bought and sold, how it got to the last owner. The apartment could be donated or inherited. It should be clearly checked on the documents, cannot other relatives also be the heirs of this apartment. If the rights of these people in the sale of real estate will be violated, the transaction may be declared void.

  1. Debts on contributions for capital repairs

Finally, after buying an apartment, it may turn out that the previous owner owes a decent amount for a major overhaul of the house. Unpaid contributions for capital repairs of mono-apartment buildings are transferred to a new owner of housing. Therefore, check the existence of debts before the transaction is processed.

scratch off map