Buying your own home is very responsible and disturbing moment in human life, especially, if this moment was expected for a long time. In order that the transaction has passed smoothly, without fraud and any misunderstanding, it’s necessary to ask for help the qualified specialists. And the best of all if the transaction is accompanied by the competent solicitor. And it is possible to find such specialist easily on the Solicitors.GURU website, as well as to find info to be precisely sure that you pay money for a successful and good bargain – read details here on no win no fee method article. But anyway there are three ways to buy your own home:
- Acquisition of apartments through the facilitator (real estate agency or private realtor);
- Acquisition of the real estate with the assistance of notary;
- Acquisition of apartments with the assistance of the solicitor.
Acquisition of real estate through the facilitator
It is quite good option for those people who have no free time to be engaged in searching of the housing. The realtor or agent will consider all wishes of the buyer and will look for suitable options. The client will only need to visit the apartments chosen by the agent and to solve, suits him this option or not. But it is necessary to approach very attentively to the choice of agency. It is the best of all to stop on the serious agency which works not the first year, located in a presentable office and has all necessary documents confirming its activity. It means that people value own reputation and will try to satisfy the client’s wishes as much as possible. You shouldn’t contact with companies which have begun the work recently, can’t tell anything about the previous transactions, have no appropriate documents or refuse from showing them. These documents aren’t a trade secret therefore the client has the full authority to study them. It is also important to discuss what the realtor will do – only finding the apartments or accompanying the transaction, contact with a solicitor and be engaged in documents collecting.
Acquisition of apartments by means of the notary
In this case the buyer is engaged in search of the apartment independently and he must collect all necessary documents in solo and that is a minus. But at the same time legality of the transaction and its legitimacy are confirmed by a notary. If you lose the original documents of acquired apartments, then you will be able to restore them at that notary which confirmed the acquisition. The notary undertakes to check the bought real estate for arrests, pledges and penalties and in the case of legal disputes he can be invited to court as the third party, which took part in the transaction process. To choose the notary is rather simple – all experts are insured and have the appropriate education. The real estate appraisal is also often needed, because in addition to the established tariff notary takes a certain percentage of the property value (not always).
Acquisition of landed property by means of the solicitor
Solicitor in questions of real estate acquisition is the chief adviser if you wish to insure yourself from various troubles. The choice of the apartments can be carried out independently, or through real estate agency. Solicitor will help to choose the realtor and make sure of its legitimacy. Also he will be engaged in collecting and verification of all necessary documents and papers needed for acquisition of the real estate.
The presence of solicitor is especially important if the married couple or people married, but not living with the husband/wife are engaged in apartment acquisition. He will explain in what cases the apartment will be considered as the general property and for what share each of spouses can apply. Also solicitor is engaged in check of the transactional capacity of real estate seller, compares the real estate price to its actual cost (if the price established by the seller is higher than 15% of the actual cost, it is better to search another option).
Very important in such questions is to address to not a common solicitor, but to real estate attorney or in other words to that expert which is specialized on the real estate transactions.