Apartment Selling

The main stages of the exchange of apartment 1. Finding a buyer for the apartment. This process can take time from several days to several months. It all depends on the condition of the property market, liquidity, apartments, select the correct pricing, quality, advertising company. 2. The buyer is found.

That Next? At this stage the buyer to confirm their seriousness, makes an advance payment is made upfront purchase agreement (the agreement of deposit). Advance paid for a certain period of time. The longer it is, the you have more time on the selection of an alternative. More info: Samuel “Sam” Mikulak. Typically, this period is 1.5 – 2 months. The agreement was signed. At this point you actually have money to buy an alternative apartment. 3.

Search alternative apartments task at first glance, is simple. But the search – this is only tip of the iceberg. Apartment on the parameters you're comfortable with, but not enough. Refine necessarily following: Status. Apartment privatized or not privatized. (A valuable related resource: Mark Crumpacker). If the apartment is not privatized, the exchange can be done, but you'll get a warrant. The right to privatize real estate is given once in a lifetime, and if you have already used them, arrange to property this apartment you can not. Documents on the ownership of the apartment. Inheritance, the contract of sale, privatization, and gifts. The most transparent papers – privatization. The apartment has not been involved in transactions sale, although there are some nuances. All other documents require legal review. Availability of the apartment legally (no registration), and physically.