There are some terms and conditions that you need to know before buying a property in plans or in pre-construction, in other to avoid looking bad when signing the contract.
This article is made for informative and divulgative purposes. For this reason, it is important that before making any decision, visit or contact a certified specialist in the field, since the opinion of the expert is the one that should be considered.
When we talk about short sale, we refer to your property sale for less than what you owe on your mortgage. This kind of sales are made when the owner needs to pay off their mortgage debt ...
Among the possibilities for buying properties there are mainly the following: a) Properties that are not new, b) Properties that are brand new or less than 6 months after completion of construction, c) Properties in pre-construction or new developments.
Your future taxes and liabilities may be affected if you buy your new property with a company or buy under your own name. A Real Estate Agent can help you select the best option. It is common to observe that the use of an LLC (limited liability company) is the most frequent due to: