Monday, February 28, 2011

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Consider this before you sign on pre

To minimize losriesgos to buy in presale is important that before signing a compromisodefinitivo you take into account:

1 .- Prestige: thecompany with which to conclude the contract should be a reputable company, formally established and has no fraudulent past queconviene so devote the necessary time to conduct research about their reputations in the desu. (Read the note above).
2 .- Funding: know what the plan of financing available to the developer, regardless of whether it has its own resources is very convenient quecuente supported from any bank or lending institution, because if solocontempla resources from the pre queaumentará definitely be a factor the risk level of the operation.

3 .- Note that estacomprando: Visit the department or local home shows and make sure that what you are buying will be a copiaexacta of what you see, if not, make sure you will understand precisióncuales the changes that have provided both in size, location, finishes, and other details. Do not settle for seeing a role model or a diseñosobre.

4 .- Documentation: Ask the dealer to show you the building plans, permits, land god, writing, attesting to the ownership of the land on which seconstruye development, there are no debts or mortgages elterreno compromise, payment of relevant taxes, license for laconstrucción and a record where it is established that will withthe development services to residential use (water, electricity, drainage, etc.)..

5 .- Esimportante BEFORE SIGNING, verificarque the contract is clear and precise and which is duly registered with the authorities integradoy authorities (In Mexico this is done before the PROFECO) to avoid practices abusivasy be covered by the law.
próximaentrega In discuss some detallesimportantes to be observed with respect to the purchase contract under pre elesquema.


Diana Reyes Real Estate Opportunities
http://opinmobiliarias.blogspot.com

Monday, February 21, 2011

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property in pre-time account

Within depreventas Estate well consider it more convenient hacertratos with serious companies, well-established and reliable reputation, is important to note how long has the work and at what level of progress will , as this will be an indicator that will help you make a good decision.

To explain esteconcepto see some examples:
>>> Example 1: lamayoría Whereas in pre-project is funded by the ventasrealizadas, if a project of 20 apartments has been operating for 2 years and only hanterminado 5 units do not think ... There are good chances that the proyectose is stopped for lack of money.

>>> Example 2: If, however, the work is 2 years old and have already completed most of the project and sold Lamitan, could be a good choice might not be accessible the first preciopero significantly reduce the risks, remember that generally the price losdesarrolladores are adjusted in stages according to the progress of laobra, so the first will have a greater discount than the latter oterceras but the risk is higher.

>>> Example 3: If in a few months yahubieran habervendido done almost everything more than half of the units, definitely stay away from there .... Thequality can not be good, a work that runs with few resources and demasiadorápido can raise this question (for me it would be hard to believe it porquetienen masons and helpers working in excess) and in this case unidadespodrían be extremely costly.

A way deconclusión: The recommendation is ...
NOT go with the excitement before a detailed analysis estrenarsin potential risks or disadvantages that a chance in pre puedepresentar , buying a home is one of the most important lasdecisiones life, therefore, is essential to take lasprecauciones to minimize the risks of falling into a situaciónfraudulenta. Do not miss the next issue will contain valuable tips that loayudarán to make a good buy.


Diana Reyes Real Estate Opportunities
http://opinmobiliarias.blogspot.com

Monday, February 14, 2011

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Research before you buy pre

The possibility deobtener a good performance when buying a property in pre muyinteresante sounds, but doing so without due CPU load of precautions may represent significant risk that could lead to many problems, see porquey we can do about it.
Buy preventapudiera be a wonderful investment for those who have the ability forand a certain time before disposing of property acquired as well attractive get a discount when the property is completed your equity could increase between un15 and 20 percent, this according to the estimation of several SPECIALITY matter as is the Mexican Association of Real Estate Professionals (AMPI).

Without
But LaRealidad is that many of the housing development companies, to be able to carry out their projects, they rely on loans offered by different financial institutions, to a lesser extent on financing from their suppliers and in the money from their own customers, which means that the riskof when there is good planning and forecasting of resources is easy to fall into insolvency problems and have difficulty reaching a buenaconclusión of the work.

This can cause the one hand, the non-delivery of the property at the agreed time and secondly, the property is different (quality and quantity) as agreed or established in the project contracted.

Therefore Ykey avoid problems that could mean the loss of time and money, before buying a property in pre is very important to investigate here is going to buy in presale and pay special attention to the following:

1 .- That ladesarrolladora or real estate is a serious and formally established because otherwise it will be very difficult to obtain under the law before POSSIBILITY of any fraud or default.

2 .- Review lareputación company with which you are considering hiring, in Mexico, BuróComercial of the Federal (CJF) offers a listadodonde is possible to verify the reputation and behavior of prestadoresde services.

3 .- Ensure delas terrain, it is best that the land estéhipotecada. Request copy and page number of the scriptures so you can constatarque the situation is legal.

4 .- Solicitereferencias. Meet other construction projects, ideally queplatique with other customers who already inhabit the buildings.

5 .- deconocer sure the basic data of the seller, the name, corporate name if applicable, their legal representative, as well as data on the place where they will do Construction: measures, permits, pages of scripts, etc..

And finally unTip additional but very important:

6 .- cuentacuanto Take time is work and what level of progress going. About this puntoanalizaremos some examples next week.


Diana Reyes Real Estate Opportunities
http://opinmobiliarias.blogspot.com

Monday, February 7, 2011

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Advantages and disadvantages of real estate presales presales

When estapensando in moving house or buying a new property the option to buy you can pre- provide good benefits but must be considered that this kindof operations also carry some risk, which we see are:

Advantages:

1 .- .- Alcomprar Price in presale, input is obtained at a significant discount on elprecio to be the property when the work is finished, plus laplusvalía that can reach as far as the project progresses.
2 .- .- Purchase Financing allows you to schedule pre-payment of the price agreed in variasentregas, usually given an advance and then there is the opportunity degestionar or apply if a credit, or take selling out otroinmueble if they have referred the buyer in your financial plan.

is common and coincide withthe developers intend to offer financing options.

3 .- .- Adaptation delProyecto In this system it is possible that the buyer has the opportunity dehacer changes to architectural design and personal touch to onyour home or property, for example, could request a specific adjustment range dimensions of doors and windows, colors, finishes, decorative floor type eincluso.

This pudieraimplicar, although not always the case, the application of resources adicionalesde time, but now will save future and duplicate payments Enman labor and material changes in any case you were planning to do.

4 .- Organization .- know the date and terms of delivery permitiráorganizar thoroughly moving, making a timely legalesnecesarios procedures as may be appropriate to issue a notice of change dedomicilio, provide, where appropriate enrollment schools, hiring disservice and calculate other costs related to this procedure.

Disadvantages:

1 .- .- Availability Usually the purchase of property through the presale system requeriráde a considerable waiting period before the buyer can disponerdel property acquired, this time may vary depending on the magnitude of proyectoasí as modifications that were agreed with the developer, for example, small developments of this time could take between 10 to 14 months while older paraconstrucciones ranges from between 18 to 36 months.

2 .- Penalties .- often happens that as time passes waiting for the delivery of lapropiedad acquired through pre-sale system is one that seestima most suitable for their intended purpose, but as in any operation unwind, there are clauses in contracts which provide parael if cancellation penalties which usually involves the loss of a resource buenporcentaje applied.

3 .- Security .- Letting go for the thrill of having found the property estabuscando can lead to hasty decisions without considering lasprecauciones necessary to avoid future problems and to investigate and solvency laseriedad company you are considering hiring and analyze terms of the contract must clearly set out the commitments queasumen laconstructora both buyer.

4 .- Risk of Failure .- When a housing developer has no definite plan for the project definanciamiento, good management, or resources previstospara face any economic contingency, you may have problems that prevent you from completing the work in eltiempo and agreed conditions.

theleading
These are advantages and disadvantages I've seen relative to lasoperaciones carried out under the scheme presale, but delve lapróxima note on Some measures that could help you avoid being defrauded victim . Be sure to read on Monday.


Diana Reyes
Opportunities Real Estate
http://opinmobiliarias.blogspot.com