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5 Questions To Ask Before Buying A Department

Buying a property is one of the most important investments you will make in your life, and it will cost you several million. That's why choosing the right home or apartment for you is essential. Of course, you will look at the price and the feasibility of the purchase, as well as the alternatives that a Mortgage Loan can give you to finance it, but there are other questions that you should ask yourself, small things that usually escape in the moment and then, With everything bought, appear. Before signing the papers of your department, ask yourself the following questions:

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What is around the building?

A classic question that few often remember when they go to see department. For this, when choosing a department: you have to look at the neighborhood. What stores, restaurants or shops are nearby and if any of them can be a plus for your experience in the place ... or a problem that affects your life.

When you go around, you should also consider the Plusvalía that the neighborhood gives the department. That is the characteristics of the place that increase the value of the property. The services that most help the Department of a department are Nearby metro stations, malls and shopping centers, supermarkets, parks and green areas.

For example It is quite common to have noisy places nearby that affect your quality of life: Pubs, Discotheques, mechanical workshops and others.

The solution: Walk around the neighborhood (2 or 3 blocks around) to see what there is. How much of that benefits you and how much can affect your quality of life. Remember that the important thing is the experience that gives you to live in a place, not just the department itself.

How is the traffic near your building

You go on a Saturday afternoon to see a Department that interests you. All quiet and happy. But in the week? Nowadays the avenues are not the only streets that attract vehicular congestion. Many motorists bet on taking streets inside to save time ... the problem is that everyone comes to mind at the same time.

This is often the case in communes with a large vehicular congestion, such as Providencia and Santiago Centro, which according to a MapCity study of April 2013 are the communes with the most tacos in the capital, because of being a residential focus and Business.

For example: Many inner streets have unusual tacos at peak times, which generates a lot of noise and even access problems to the building. In addition, if there are offices nearby, many will choose to park near these streets, making it a problem.

The solution: Agenda visits the department that interests you in peak hours. This way you will be able to know how the building environment is at these times of the day and not take unpleasant surprises.

What are the common spaces in the building?

When quoting departments for purchase, many real estates will offer swimming pools, green areas, gyms and more. Before signing for the property, make sure these common spaces are the same as you saw them on pilots or brochures. Especially in buildings that are sold in green, the conditions of these spaces may vary ... for worse.

For example The incredible pool you see on the real estate website is actually small, very insecure, and insufficient for two towers of 40 apartments each. The same with the quench, which can be beautiful, but too close to the departments, ie: noise and odors insured every weekend.

The solution: When you visit the apartment, it crosses all the spaces of the building. Common rooms, patios, parking lots. Make sure everything is comfortable for you. After all, you will pay a lot of money to make your life there. Do not be afraid to ask and if necessary, complain.

If you bought in green: be sure to visit other buildings of the same real estate. Also, keep any brochures or advertisements where they offer these spaces, since. According to the Serena, what is announced in advertising is part of the contract as if it were written, so you can demand everything that is offered beforehand and with the exact measures announced.

How is the safety of the building?

This is not so much about the safety of the neighborhood, but about the accesses, exits and security measures inside the building. When quoting a department, look at emergency exits, number of elevators, stairs, lighting in corridors and security cameras installed in the place. Also, pay attention to the parking lots, are the accesses for your car safe and comfortable?

For example: the building and the apartment look good but they only have one elevator per tower, which will result in rows and real tacos to go down to the 1st floor. Emergency stairs? No lighting enabled. Parking may be narrow, insufficient for the number of apartments or have costs that are not reported at the time of signing.

This point is, without exaggeration, life or death. Emergency accesses, stairs, elevators and security zones can save your life in case of evacuation of the apartment due to fires in the building, earthquakes of all intensity, storms, electricity blackouts, gas leaks and, in the last case, Collapse of construction.

The solution: Always calculate the spaces of the building in proportion to the number of departments. Even if they are empty at the moment, remember that sooner or later the towers will be filled and if space is insufficient or unsafe, you will have problems.

In addition, you must take into account the security within the department itself. Be sure to change the veneer, even if it is new (you do not know who can have copies of the key). In addition, check windows and terraces, especially if you have children, and evaluate the feasibility of installing grilles or some type of protection.

How is the quality of life within the department?

These are always the smallest details that always escape us when we visit a department (especially one that we like, as we overlook these details). Do you hear noises from other departments? How is the arrival of sunlight? How do you respond to winter or summer? How is the system of pipes and boiler?

For example: A department of your taste, but where the sun goes direct all afternoon and becomes an oven, especially in the summer. A department where you hear everything (but everything) what your neighbors do next, up and down, or departments with boiler systems that do not allow you to have hot water for prolonged moments, affecting your showers, washing dishes, etc.

The solution: ask for all these details. Talk to people who already live in the building. The neighbors of your apartment, the concierge, guards and caretakers of all kinds for every detail that generates doubts. Check out the Sarasota Real Estate here.

Most brokers or real estate owners will trust that the interested buyer will simply pass on these details, sound ridiculous or exaggerated, and focus on the macro. But remember, buying a apartment is to buy a living experience on the spot. If it affects your quality of life, do not skip it!

You already have the ideal apartment, now you know how to finance it?

According to figures from the Superintendency of Banks and Financial Institutions (SBIF) delivered in December 2013, Chile is the second country (behind Panama) to receive more Mortgage Loans per year, with 1 million 300 thousand financing. These figures contrast with the 300,000 housing loans available only 10 years ago.

The trend towards the purchase of apartments is on the rise, as is the construction of buildings in the capital and in all the major cities of Chile. With more and more people interested in buying apartments, banks and financiers offer a wide range of Financing and Mortgage Loan alternatives.

Never before in the history of the financial market had there been so many offers of Financing for the purchase of a house. However, not all are suitable for your pocket. In fact, according to figures from the Sernac, there is a difference of 23% between the Mortgage Loan more and less convenient. That is why it is important to know the alternatives available to choose the one that fits your pocket.

When you are ready to list a Mortgage Loan, look at the CAE Equivalent Annual Charge, a percentage that reflects the annual cost of your Credit. Also, pay attention to operational expenses and make sure that the loan dividend for your Department never exceeds 25% of your monthly net income, so you can always afford it.

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