Selling a house with older construction: what you should know

Posted by on January 24, 2016 in Estate Planning | Comments Off on Selling a house with older construction: what you should know

Selling a house with older construction: what you should know

When it comes to the buying the old or the new house, the key element is the amount of money that needs to be set aside for the purchase. Houses of the older building cost less than brand new houses and this is the main reason why customers decide to make a purchase. However, real estate older buildings usually need total repair, which can cost a lot of money. Check for more info on this hyperlink

 

Parking space in the older building, real estate recommends checking the quality of the facility:

What is the quality of insulation?

Are the roofing and roof in good condition? Does the roof rebuilt and when?

What it all when updated? 

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Get an insight into the energy performance certificate.

Parking space in the older building, real estate recommends checking the quality of the facility:

The quality and condition of flooring, stairs, and doors and windows.

The size and number of rooms.

Condition of kitchen and bathroom.

Condition of heating and installations 

Is there damage or moisture on the internal walls, floors and ceilings?

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Parking space in the older building, real estate recommends checking the quality of the facility:

The quality and condition of entrance and garage doors and fences

Condition of exterior walls.

Condition of the roof, chimneys, foundations and basement.

The windows and doors. 

By the US law, real property includes land, flats, movable and immovable property, business premises… In America, there are living and non-living space. It is important to separate what was used and what is not. The legal system in America has emerged from the British system. The tax is very strict and every citizen must fulfill its obligations. Property is the apartments, cars, gifts, all of which is owned by citizens.

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