The housing market is often most exciting at the end of the year, because many people tend to look for houses with the mindset of buying land at the beginning of the year and buying a house at the end of the year.
With the intention buy a house at the end of the year to settle down for the whole family to have a perfect Tet. Ms. Nguyen Thu Hien in Hanoi said she is urgently looking for a new house so she can move in this month. The apartment her family is renting also expires in early January.
With source finance about more than 3 billion VND was arranged at the end of the year, my husband and I are trying to “finalize “Buy a house quickly to celebrate Tet” Ms. Hien shared.
Like Ms. Hien, people who buy a house at the end of the year often have the mentality of “buying quickly” and buying in a hurry. This mentality causes buyers to face financial losses and legal risks.
According to Mr. Do Ngoc Thang – Director Business area of a real estate unit – The risks when buying a house are not only at the end of the year. The eternal problem of customers buying real estate is the first thing is legal, the second thing is valuation, the third thing is the broker’s advice.
In terms of legality, customers may encounter transaction risks. Translating houses without books without books, buying and selling handwritten documents or using shared documents, books that are in bad credit places or the homeowner is making a deposit for 2-3 people… The most common risk is that the homeowner holds the red book to borrow from the unit. Finance – must write a sale paper or write a deposit contract.
If the broker does not carefully check the customer, there will be many risks for the buyer and bring unpredictable consequences. Because most real estate values are many billions of dong,” Mr. Thang said.
Second is the price. According to Mr. Thang, at the end of the year, there will be a lot of information for sale: “Insolvent, need to sell house urgently, shocking price at the end of the year…” It is likely that this is information that preys on greed for profit.
If If brokers advise you that the price is cheaper than the market, I definitely advise you to ask questions. Be wary of unexpectedly cheap things,” Mr. Thang emphasized.
Also according to Mr. Thang with The initial “fishing” story about real estate properties at shockingly reduced prices… but in fact it is not true, it is a trick to attract the attention of buyers and then lead them to other real estate – no more. is a new story and has even become a norm in many markets. It is not uncommon for brokers to take advantage of the “quick closing” mentality of buyers to increase the price difference.
There are decades of experience in the field of real estate brokerage, Dong Thang Given that residential real estate transactions still take place vibrantly every day, the most important thing for buyers entering the market is to research carefully to identify possible risks.
About the legality of real estate, Mr. Thang’s experience shows that buyers need to carefully check the red book and the information on the book must be accurate before making a deposit. And of course, you should transact through a reputable broker because they are the people with the best expertise to ensure the legality of that real estate.
Regarding the price issue, Mr. Thang analyzes today. If you look at the Acan Bcan C apartment with such a floor plan, such a location, such an alley… then buyers can judge for themselves how much the average price in this area ranges from?
In addition, Mr. Thang emphasized the The professionalism of the broker is extremely important. Besides legality and price, as I mentioned above, brokers always appear in the customer’s entire process from looking for a house to conducting buying and selling procedures.
According to this expert, right from the start At first contact, through a few questions, you can check whether they have a career, whether they care, whether they understand the area or not… Therefore, meeting a professional broker can help customers minimize all risks.< /p>”