What is the main goal for a young family today? Apartment purchase! A step-by-step instruction in this matter would help, because you can easily get confused in the circulation of real estate. Around a lot of offers, tips, recommendations, and realtors appear out of nowhere, like little devils from a snuff box. What is the most profitable and quick way to get a home? Should I focus on inspection of new buildings? Maybe it makes sense to invest in shared construction or turn to the secondary market?
Where to live?
Prior to marriage, a young couple may not have to think about impending domestic difficulties, but the first questions and problems are immediately identified. Where to twist a love nest? Is it worth investing in your own home or is it better to dwell on a rented property? Sometimes a helping hand is extended by relatives. Most often these are parents who agree that young people live on their territory. But this offer can be a disservice. Many marriages collapsed due to the fact that strangers were present on the territory of the newlyweds. Yes, yes, it is better to consider parents during this period as outsiders who do not need to know the family problems of the couple. Removable housing is a little better option, but far from ideal, because it is a monthly hit on the budget, suspended status and bird rights. Therefore, it is better to immediately tune in to such an option as buying an apartment. Step-by-step instructions will help you figure out how to implement your plan.
Do it once!
Decide on the necessary area and other territorial conditions. A one-room apartment is enough for a family of two, but where there are two, there are three, so it is possible that children will appear soon. Do they have one room? It’s wise to set yourself up for a “kopeck piece” at least. The total area of the apartment and the usable area are two different things; it is better to familiarize yourself with these concepts in advance. For a comfortable stay you need a fairly spacious kitchen where you can at least have breakfast with the whole family.
When choosing a potential purchase object, you need to pay attention to the floor and the height of the whole house, the presence of elevators, a basement and an attic, the state of utilities, the proximity of the road and the development of infrastructure. The first and last floors may be sold at some discount, as they are not considered too comfortable. The downside will be the presence of a nightclub in the house, although young people may think differently, because entertainment is at hand. In fact, such a neighborhood means that normal sleep is delayed for a long time. Pay attention to the neighbors. Are there among them catwalkers or dogmaids? Drunken alcoholics or drug addicts? Before buying, you need to talk with the local in order to make sure the relative well-being of the selected property.
Do two!
So, you have decided, not far off buying an apartment. A step-by-step instruction in such a case should involve several stages, and now it is time to decide what funds will be used to pay off the required amount. Alas, in our time a rare person has the whole amount in his hands at once. Most often, there is a massive fundraising from all available sources. Someone has savings, relatives will help a little, you have to take a mortgage. It can significantly support maternal capital, which just can be aimed at improving housing conditions. In any of these cases, the potential buyer needs to weigh his own abilities and decide which way he will go.Sometimes a long-term mortgage can be a really profitable decision, and a loan for a short time will turn into a real bondage. It is necessary to decide before the purchase of an apartment will be carried out.
Step by step instructions or do three
Let's start with the most enjoyable option that is possible. This is a purchase of an apartment with maternity capital. A step-by-step instruction in this matter begins with the interpretation of the term itself. So, maternity capital is the state support of a young family, existing since 2007. All payments under this program are made by the Pension Fund. Spending this money on your own needs will not work, this is a criminal offense. But this social allowance can be spent on improving housing conditions, which is ideal for the option of acquiring housing. It is hard for a young family to buy a house or apartment, but the desire to live separately from relatives or landlords overpowers possible difficulties. So it turns out that the second and third baby in the family is an assistant. Families can get state certificates for maternity capital and radically change the situation, say, change the district. In such situations, the state even provides financial assistance when buying new housing in a new place.
There are nuances
If you choose to buy an apartment with parent capital, the step-by-step instruction should include the stage when you confirm your authority to receive funds and use them. In other words, there are certain conditions for the use of funds. You can buy or repair housing for the money, but if the child is three years old and the house on the basis of which it is planned to carry out a restructuring meets certain requirements. In addition, you must have on hand a contract of sale with the previous owner. Alas, buying a house with maternity capital in a mortgage is difficult, since banks are oriented to apartments and only in such cases they agree to mortgage lending.
Apply for the required funds to the Pension Fund, having on hand a package of necessary documents. These include an application for maternity capital, a certificate of pension insurance, a copy of the contract of sale (if the seller agrees, then you can arrange an installment plan with a smooth repayment of the debt). You will also have to attach copies of children's birth certificates, a certificate for maternity capital, a certificate of the amount of debt and, if necessary, additional papers. It may also be necessary to confirm that the house meets the conditions of the program, that is, it is located on the territory of the country, is residential and equipped with good engineering communications, and the percentage of its deterioration does not exceed 50%. House in disrepair is not subject to purchase. Summer houses are not allowed to be bought with maternity capital, but a private house must be purchased with a plot, but the latter cannot be purchased with maternity capital.
This is the scary word "mortgage"!
If you are not afraid of difficulties and decide that your option is to buy an apartment on a mortgage, step-by-step instructions will also not hurt you. Mortgage lending in Russia has overgrown with myths and legends, and therefore all residents of the country sincerely believe that it is impossible to break out of this hole. I would like to argue with this opinion, because a mortgage does not have to be long, tedious and ruinous. In fact, it all depends on your well-being, which, of course, is not news for potential borrowers. The mortgage program is a difficult thing, as the bank offers a large amount of money at a relatively low interest rate. A ridiculously small amount, for example, 100 thousand rubles, cannot be taken into a mortgage. The amount should be at least three hundred thousand, and the loan term - at least five years. At the same time, no one forbids borrowers to pay debt for a shorter period. Thus, you can save part of the money on a percentage.So, where does buying an apartment through a mortgage begin?
Step-by-step instructions on credit
The mortgage program must necessarily be accompanied by an assessment of the cost of housing and its insurance. In addition, sometimes it causes difficulties and unwillingness of the seller to work with a mortgage. So it has a weight and a human factor. In order to reduce the percentage, you need to provide a certain down payment, a percentage of the total cost of housing. The higher the down payment, the lower the amount of charges. The cost of housing in new buildings can be even lower compared to the secondary housing market, which is explained by good repair, technical improvement of the latter option and developed infrastructure.
From scratch
Of course, it seems that the ideal option would be to buy an apartment in a new building. The step-by-step instructions here will be as simple and concise as possible: choose a house, establish contact with the developer, find out the cost and draw up documents. But here there are some subtleties. You can’t buy a house that you just finished building. He must "settle down" so that all the flaws are visible, if, of course, they are. If the construction is still underway and you entered it at an early stage, then it will be possible to significantly save and start paying the mortgage before moving in. Contact the banks that cooperate with the construction company and get acquainted with the set of mortgage programs. Remember that banks are not particularly keen to work with suburban real estate. The land is also of little interest to them because of its unsustainable cost and dubious liquidity. A low percentage when applying for a mortgage may turn out to be a banal bait, as then the necessary insurance and commission pop up. Pay attention to the maximum loan size and the term of the first installment.
Resale - a delicate matter
Having an apartment on the secondary market will be a little more difficult. It is important to verify the purity of the object and subject of sale from a legal point of view. The situation may be complicated by a notarized will, registered minors, military personnel. In such situations, the intended step-by-step instruction for buying an apartment on the secondary market is valid for the benefit of the buyer, as the bank may simply not approve the mortgage so that the former owners do not appeal your rights afterwards. The bank will require a visit from an appraiser, which he himself delegates. The amount of the mortgage depends on his verdict.
According to the military account
Recently, buying an apartment on a military mortgage has become very popular. A step-by-step instruction, however, will be relevant in this case as well. The method itself can already be attributed to the standard. The seller can be calm for the legal side of the matter and receives all the money in a short time, but you will have to pay income taxes, which not everyone likes. Each stage of the transaction is documented, the credit institution issues a verdict in 1-2 days. In fact, this is the same mortgage, but faster, clear and rational. Alas, it is available only to military personnel, issued in accordance with all the rules.
And finally
Summarizing the above, it should be noted that many freshly baked homeowners forget that they can receive a tax deduction when buying an apartment. Step-by-step instructions are also needed in order not to forget about your rights. After all, there will be no extra money ?! You can really return part of the money or not pay tax, which will reduce the amount of taxable income. In addition, just before you get down to business, think about whether it is more profitable for you to buy an apartment without a realtor? The step-by-step instruction with this approach, by the way, will remain unchanged, but then you can significantly save on commissions.