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Tag: real estate

Property belonging to the child

Property belonging to the child

Principles of citizens’ relations in relation to real estate in which children have the right to own a shareholding or own the whole object are enshrined in the Family, Housing and Civil Codes. The state recognizes the contracts of alienation of the ownership belonging to the baby, provided that their action will not lead to a reduction or restriction of his/her rights and interests. The control of the fulfillment of the agreements of property disposition is carried out by local…

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Fraud when buying an apartment

Fraud when buying an apartment

It offers the most popular ways of real estate fraud. Practically all of them are connected with forgery of title documents and the introduction of false information in the state register of property rights to real estate.  Forgery The use of fake documents is one of the highest risks to be victim to fraudsters when buying real estate. Sometimes it is impossible. Criminals use fake seals of utilities, state registrars, notaries, district courts of the city and even the Ministry…

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Price prospects

Price prospects

The most reputable companies and independent experts in the field of residential real estate gave their forecasts regarding the cost of American homes/apartments in 2019 and the prospects for their purchase. The main news was the final exit of the real estate market from the crisis of 2007/2008. As specialists predicted, it took exactly 10 years for the cost of houses to stabilize and start to grow very slowly, but still. The housing bubble is similar to what happened to…

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Effective investment

Effective investment

Investing in real estate will be profitable only if we consider it as a long-term project. After all, in order to really make good money, you need a lot of time. Therefore, it is extremely important to learn how to feel the trends of the market, in particular, have time to buy and sell on time, depending on the market situation. In addition, in order your money to “work” for you, it is necessary to decide what exactly you will…

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Simple truths

Simple truths

Before you decide to pump into real estate, it is worth deciding on what your new acquisitions will serve as: as an asset or liability. If you purchase a property to live in it – then this is a liability as it requires constant investment of additional funds. It becomes active when it starts to generate income, i.e. – to be sold. Net profit in this case is the difference between the cost of buying real estate and the price…

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Why property prices are rising and falling

Why property prices are rising and falling

The housing market is influenced by economic, industrial and financial factors, which largely determine the prices at which the purchase and sale transactions of apartments and houses will be carried out. Growth in the number of transactions Without strong demand, primarily from local residents, one should not wait for the growth in real estate prices. You can look at Spain: the increase in the number of transactions recover the local market from the crisis, and only then the prices were…

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How to divide the inherited apartment: a note to the heirs

How to divide the inherited apartment: a note to the heirs

So, you became the proud owner of inherited real estate. But the joy can fade when it turns out that the inheritance division is coming: it turns out that other people apply for a residential property to their relatives. The history of the section may last long and end unfavorably without relevant knowledge. The heritor who controls the process with the help of knowledge or with the support of a qualified professional is usually in the advantageous position. Understand the…

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How to resist rent increase by landlord?

How to resist rent increase by landlord?

Every day we are confronted with prices for our usual services and products. The real estate is no exception. Price And at one fine moment, if you live in some house, its owner may come with a demand for an increase in payment. How to act in such a situation, whether you do something or have to accept or move. It often happens that you did not have time to rent an apartment, as its owner after 3-4 months informs…

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