How to find a reliable real estate developer?
Choosing a developer is a crucial step when buying an apartment in a new building. To avoid problems, follow these guidelines:
Builder's reputation: Study reviews about the builder, his experience and the number of completed projects. Check for litigation and claims from shareholders.
Financial Stability: Check the financial condition of the developer, its credit rating and availability of sufficient funds to complete the construction.
Project documentation: Examine the project documentation to ensure the quality of construction and compliance of the object with the stated characteristics.
Equity participation agreement: Carefully study the equity participation agreement to avoid unfavorable terms and hidden fees. Consult a lawyer.
Guarantees: Ask the developer about the construction quality guarantees and delivery dates.
Choose the developer carefully to avoid problems and get a quality home.
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