María
Merlo Real State Agency always
advices our clients
The
future buying.
Some recommendations.....
5 'Must know' facts
1-
Available
estimate.
The
first
thing
that must
bear the
buying
future
in mind
is the
budget
accumulated,
arranging
in advance
rather
percentage
of that
money
to
be use
(12 up
to 16
percent
of the
selling
price
depending
if there
is fulfilled
or not
the requirements
relating
to the
taxes
accorded
to the
law) these
will correspond
to the
minimum
expenses
of merchanting.
2-
Estimate
adjustment.
The
second
thing
will be
fit the
price
to the
budget
agreed
by the
client
depending
on these
factors,
this will
make the
property
more or
less
expensive.
. The
area where
the property
take place.
. Number
of bedrooms.
. Number
of properties
for sale
in the
area.
. Type
of construction.
. If
there
is a lift
in the
bulding.
. If
the property
has access
to common
areas
(swimming
pool,
park ...
etc).
. If
a place
for parking
is included,
parking
and a
lumber
room.
. Type
of property
(chalet,
flat,
attached
house,
luxury
attic
... etc).
. If
the property
has been
refurbished.
. Number
of square
metres
that can
be used
in the
property.
. Existing
Built-in
wardrobes
in the
property.
. Number
of square
metres
of the
land if
it is
a chalet
or an
attached
house.
. If
there
is a basement
or a garret.
. If
it is
a V.P.O.
house
or a free
revenue
property.
3-Expenses
of merchanting.
The
third
thing
is the
expenses
of merchanting
which
are:
Property
deed’s
expenses:
.
Notary’s
expenses
(2
°
copies).
. Registry
of
the
Property.
. Patrimonial
Transmissions
Taxes
(it
is
an
Andalusian
government’s
tax
that
can
change
depending
on
the
age
of
the
future
buying).
Initial
Mortgage’s
expenses.
.
Notary’s
expenses.
. Registry
of
the
Property.
. Juridical
Documentary
Acts
(it
is
an
Andalusian
government’s
tax
that
change
from
2
to
0.6
percent
of
the
lending
depending
on
the
age
of
the
future
buying).
. To
Fix
the
price
of
the
property.
. Bank’s
agent
to
manage
the
mortgage.
. Opening
of
the
mortgage
lending.
Real-estate
Agency’s
charges.
.
2
%
of
sale’s
price
with
a
minimum
charge
of
1.500,00
€
plus
VAT
4-
Documentation.
The
fourth
thing,
is the
documentation
requested
to get
the Bank’s
financial:
. Working
life document,
E-301.
. Work’s
contract.
. Income
statement.
. National
Identification
Card or
passport.
. The
last three
payslips.
. If
you are
renting
a house
now, the
last three
receipts
of payment.
. If
you have
chosen
someone
to guarantee
the credit
bring
this person’s
documentation.
5-
The deposit’s
agreement.
When
the future
buying
has chosen
a property
and also
the mortgage
lending
has been
approved,
the future
buying
sign a
deposit
agreement.
This
agreement
will stipulate
such amount
of money
as a deposit
(normally
is the
10 percent
of the
final
price,
but this
can be
change
depending
on the
agreement).
This
deposit
will probes
that the
future
buying
is definitely
getting
the property.
Bearing
in mind
the law,
which
says that
the owner
can keep
the money
in case
the future
buying
change
his mind.
At the
same time
if the
owner
is not
selling
the property
double
deposit
will be
returned.
The
seller.
Some recommendations...4
'Must
know'
facts
1-
Fair
price.
The
first
thing
that
a
person
interested
in
selling
a
property
must
do
is
to
fix
the
price
according
to
the
different
factors
described
in
the
second
paragraph
of
the
future
buying.
2-
Check
Price.
The
second
thing,
will
be
check
in
the
data
base
the
price
of
the
last
property
sold
which
has
similar
characteristics
to
the
one
that
is
selling.
.
3-
Salesman
costs.
The
third
thing
the
owner’s
expenses
which
are:
.
Notary’s
expenses
(1
°
copy).
. Appreciation
(Council’s
tax
based
on
the
time
that
the
property
has
been
enjoyed
,
up
to
20
years
and
how
much
the
value
of
the
land
has
increased
in
that
time).
. Notary
and
Property
deed’s
expenses.
4-
Notary’s
office
.
And
finally
and
once
in
agreement
both
parts
(buyer
and
seller)
,
the
date
and
the
time
will
be
set
to
be
able
to
sign
in
the
notary’s
office.
