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WHAT SHOULD I CONSIDER WHEN BUYING A HOUSE?

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Coldwell Banker® México

Real state investment

Alejandro Blé Maldonado I Marketing Manager Before drawing up the public deed of sale, a private contract is usually signed between the buyer and the seller. For example, signatures should be reviewed when a promoter sells, signature of the administrator or of the attorney-in-fact of the company. If it is a sale between individuals, all owners must sign, and if it is a community or family home, both spouses. It is also essential to check if the home is free of charges, if it has a mortgage, if there are liens on it, or if there is any limitation in the bylaws of the community of owners. Arras? This word will appear when the signing of the private contract usually gives an amount as part of the payment of the total price or “signal” known as a deposit that binds both parties. The public deed, which provides legal security, is not mandatory to buy or sell a property, unless a mortgage loan is contracted to acquire it. However, the vast majority of citizens choose to go to the notary to do it because of their trustworthiness and legal certainty. The notary does not limit himself to attesting. His professional performance verifies and verifies that the aspects included in the private document comply with the law. Other subsequent procedures is the payment of taxes and registration in the Property Registry. You can also choose to entrust its processing to the notary, who will send the Registry an authorized electronic copy of the deed for registration. Subsequently, you will be given an authorized copy of the deed on official paper with all the supporting documents and invoices. There is no doubt that buying a house is a long-term commitment, the price of houses increases over the years, but this process is usually slow. Don’t forget to think about maintenance. *** Visit our site to learn more about our properties Also check our blog for more articles Follow us on Facebook Instagram YouTube

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