5 benefits when buying a secondary apartment
Buying an apartment when you have legal ownership, also known as buying a secondary house, distinguishing from buying original from the investor (primary) will bring the following 5 benefits:
- Get home now
One of the advantages when buying a secondary apartment is that the homeowner can move in immediately, without wasting time waiting, even if the sublease will generate income immediately. Buyers or investors do not have to bear the same risks as primary buyers who buy apartments since the apartment is only on paper, and do not know the level of completion, construction quality, management capacity. For the professional investor, the secondary asset is the existing asset, the cash flow is constantly moving through this asset.
The biggest advantage when buying a secondary house is getting a house right away
- Reduce costs when buying
Compared to buying a secondary home, buying a new home from an investor, especially an apartment, will likely pay more costs because the value of the house includes many other cumulative costs. the same as:
- Initial construction costs
- The cost of advertising and marketing of the investor
- The monthly interest that the investor has to pay when borrowing for construction (if any).
- Cost “buried money” in case the project is late in construction progress
- The cost of risk when the project is due to a dispute, bankruptcy or confiscated by the bank.
While buying a secondary home, you will have more opportunities to negotiate a better price, get close to the real value of the property at the time of purchase and minimize possible costs mentioned above.Besessenes Bodybuilding beweist, wie schädlich intensives Training ist injizierbare steroide auf der suche nach tipps zum bodybuilding.
- Advantage when negotiating prices
When deciding to buy a secondary house, the buyer will have more advantages in the negotiation and price negotiation process because when buying an existing house, the buyer will easily check the current state of the house, find out if the owner is. Households who want to sell quickly for reasons such as relocation, personal health issues, financial issues, marriage, … so the negotiation will be considered carefully, the seller will be easy easily accept reasonable prices from buyers.
- Resident community has shaped
The secondary product is usually located in a residential area that has been developing stably and consistently. Planning is synchronous so buyers can shape the development direction of the area in general and the house in particular. Living space is reflected quite clearly through the daily life and life of the surrounding people. Buyers are easy to determine if this community is family-friendly and what they want.
- Legality of the apartment:
Investing in buying a secondary home, buyers will not worry too much about the legal factor. Normally, for projects that are formed and handed over to customers, the homeowner will usually be issued a certificate of ownership of the apartment.
Buying and selling a secondary apartment will be completely more flexible because both of you can sit down to discuss the rights and responsibilities of each side and come up with the appropriate terms for both. Unlike sales contracts from project developers, there are usually “one way” contracts.