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NewsOctober 1, 2021

The Most Common Mistakes When Purchasing a Property

Buying a property should be carefully considered. Find out which mistakes can easily occur when buying an apartment or house, and how you can avoid them with the professional support of a real estate agent…

The Most Common Mistakes When Purchasing a Property

When purchase decisions are made too hastily (brief initial viewing), the risk of problems arising later is very high. If there is genuine interest in buying, a second viewing should definitely take place, as many questions tend to be forgotten in the initial excitement.

Before purchasing a property, one should obtain, for example, a current land register extract (precise ownership details, liens, etc.), an energy performance certificate, and other important documents.

As a rule, acquiring a property requires both equity and borrowed capital. Savings, investments, or existing properties of your own count as your equity. The equity ratio subsequently determines the conditions of your financing.

We provide you with independent advice and, together with our long-standing financing partner, find the most favorable financing solution for your personal property.

Real estate purchase contracts are often written in a way that is difficult for laypeople to understand, so you should definitely consult a professional before signing the contract in order to avoid any unpleasant surprises later on.

When planning a property purchase, people often forget to factor in the ancillary costs associated with the purchase. When buying a property, it should also be checked whether renovation or refurbishment measures are planned or required. For apartments, maintenance reserves as well as monthly costs (operating cost statements) are very important. This information is a matter of course when receiving professional support from a real estate agent.

Trust the professional – whether you are a buyer or a seller

Our 4M Immobilien team buys and sells apartments, houses, rental properties, and plots of land in Vienna and the surrounding Vienna area, together with our business partners and investors.

In addition to our individually tailored consultation based on your wishes, we offer a free valuation of your property so that you know its actual market value.

When it comes to successfully realizing YOUR DREAM HOME, our 4M Immobilien Team is here to support you professionally.

For further questions and information, feel free to contact me at any time! Expert recommendation: Dipl. IM Suzana Milasevic [email protected] +43 650 55 600 65 https://4m-immo.at/uber-uns/

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