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Gear Online Reviews

Get the taste of knowing everything at one place

Buying a home
April 13, 2023

Advantages and disadvantages of buying real estate on paper

Buying a house on paper: good practices, risks and advantages of buying on site

Have you decided to buy a newly built property, commonly called “on paper”?

For many Italians, newly built properties represent a DREAM , but for someone they have turned into a real NIGHTMARE. If you are inclined to buy, it means that you know the ADVANTAGES , but are you sure you know what precautions to take and/or what the RISKS may be? If you want to know more or simply have some doubts, keep reading, we will give you a complete overview of https://www.texassellmyhouse.com/sell-my-house-fast-georgetown-tx/

Advantages and disadvantages of a purchase “on paper” and all the documentation to be requested from the manufacturer!

First of all, let’s clarify: why do you say buy “on paper”???

Simple, it is said that way because the property you are buying does not physically exist. In practice, making a proposal for this type of property means making a PROMISE TO PURCHASE a property to be built in the future.

Like every promise, it can be kept or “broken”…

We will show you, later, what you have to be careful of and how you can protect yourself adequately, for now let’s deal with the “POSITIVE NOTES” …

The advantages of buying “on paper”

Buying a property under construction will give you a “superpower”, that is, it will give you the possibility to create the house of your dreams, in your image and likeness, without compromising …

We will list you the main advantages:

The first advantage is, without a doubt, the possibility of choosing the floor (if you buy in a condominium) or the location (central or corner, for independent houses) and the respective position in the sun.

YOU CAN ONLY DO THIS IF YOU ARRIVE FIRST (or among the first for condominium apartments)…

It’s no small advantage… You won’t be able to do this on the “second hand” market.

Another nice advantage is the possibility to customize the property according to your needs.

If you are not convinced how the builder has divided the spaces, you can agree with him on a new personalized layout, according to your needs (if possible).

Not only that… you can choose the floors, the fixtures, the bathroom fixtures, the taps and even where to put the light points and TV sockets.

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