Questions and answers about buying and selling a homeFrom the moment you interested in a house until the moment when the contract of your new house there , you encounter many questions . Not so strange, because you do not buy a house every day .
To buy a house.
The reflection takes (at least ) three days starting on the day following the day that the buyer ( by both parties ) signed certificate or a copy there of gets handed . The cooling-off period ends at midnight of the last day of the grace period . It is not important what time the buyer a copy of the document received
means that the buyer
pays the costs of
the transfer of the
The "buyers costs"
is about 10
of the purchase price
Among th e
- Transfer Tax ;
- Notary fees for drafting the deed of transfer ;
- Land Registry Fees for registration deed of transfer .
In addition to these costs , the buyer must also take account of :
Notary fees for
- Land Registry Fees for mortgage registration .
The costs are not the buyer brokerage fees . If a seller is an estate agent to sell his / her property then the seller will have to pay costs of this agent . If the buyer is an estate agent for the purchase of a property , the buyer will pay the costs of this agency must pay .
Selling a home.
When buying a new house is such an option is common . When purchasing an existing home is often erroneously the term 'option ' is used. Then it has the meaning of certain commitments that selling broker can do to an interested buyer during the negotiation . Such a commitment might mean that an interested buyer for a few days to think about getting a bid . The broker will in the meantime try not to another party to enter into negotiations . The interested buyer can use this time to a better understanding of mean funding or uses of the property .
An option can not demand , the seller and selling broker to decide whether a given negotiation commitments.
Sometimes the seller and buyer a number of less important matters , " movable property " for example , only to negotiate when they talk about the principal issues. In such a case, the court may provide that if the parties can not agree side issues , now they are on their own sometimes indicated as the principal , must continue to negotiate until a reasonable result is achieved on the side issues .
During the negotiation parties often and again bids . If the prospective buyer makes a counter that is different from the bid that the vendor has done before , it expires the earlier bid by the vendor . So even if the parties ' closer to each other " in the bidding process, the seller can suddenly decide to do me an counter-offer to the buyer to raise its bid again to decrease .
Of course, he first made any pledges . The broker then opt for a tender procedure . All bidders have an equal chance to make the highest bid . Ask your estate agent to an explanation of the registration procedure .