How to Prepare for Buying an Apartment?

How to Prepare for Buying an Apartment?

Buying an apartment is a big decision that requires careful preparation. To avoid disappointment and problems, follow these tips:

Determine your budget: Clearly define the amount you can spend on buying an apartment, including down payment and mortgage (if planned).

Choose a neighborhood: Research different areas of the city, considering infrastructure (transportation, shopping, schools), environment and safety. Think about your lifestyle and preferences.

Find a reliable realtor: A good realtor will help you find the right one, check the documents and conduct the transaction on favorable terms for you.

Check the documents: Carefully study all documents on the apartment: title documents, technical passport, extract from the USRN. If necessary, involve a lawyer.

Inspect the apartment: Thoroughly inspect the apartment for hidden defects, check plumbing, electrics and communications.

Plan the costs: In addition to the value of the apartment, take into account additional expenses: notary services, state fees, repairs.

Proper preparation is the key to a successful apartment purchase.

Read More