Old HOUSE better than two new ones... is this true? - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
To decide on the purchase of suburban housing is only the first step to their dream home. Where to find it вЂ“ in the primary or the secondary market is the next important question that must be determined...Country house: old or new?To decide on the purchase of suburban housing is only the first step to their dream home. Where to find it вЂ“ in the primary or the secondary market is the next important question that must be determined.The advantages and disadvantages of each optionAccording to Elena Matveeva, head of the administrative Department of the interior of suburban real estate "Residence", "the number of goods in the primary and secondary market of country real estate correlates to about 70:30. Approximately and correlate sales.At the same time, interpretation of primary and secondary market in the fence sometimes differs from that adopted in the urban real estate market. So, Jeanne Shcherbakova, Director of suburban real estate "MIEL-Brokerage", says that "today, the new construction facilities fast enough to become a resale property in virtue of their repeated resale still in the construction phase already from a private owner (the investor who bought the contract) or at the stage of completion of the project, at least вЂ“ banal rid of unnecessary assets".This occurs when, for example, the developer's cottage settlement is not fulfilling the terms of the pace of construction and putting into operation. If the buyer bought a house for the early travelers, he would have as a result of the situation to seek to stay ready that object, getting rid of previously acquired buildings. According to Jeanne Shcherbakova, if we follow this definition of the secondary market, "today, the volume of transactions in rural secondary market far outstrips the primary market CP-buildings, and is more than 70% of the total volume of transactions, since it represents all segments of real estate, including new construction (private investment in dotted suburban construction), and the prices of similar properties, above all in the primary market. Also the secondary market (the market of private individual ownership) today because of its willingness to provide accommodations for travelers already now, without waiting for completion of the project. By the way, on the suburban real estate market to consumers until more understandable contracts of sale and purchase of the secondary market than the contracts".Generally, buyers prefer to invest in country new still in the construction phase. This is because the developers offer in the initial stages of construction of the special rates that may be 15-30% below market for finished housing. Favorable conditions of purchase of houses in cottage settlements-new buildings cause buyers to overlook certain risks associated with investing at this stage вЂ“ as already mentioned, the timing of construction and commissioning may be delayed, there is also the probability of getting a marriage or as stated below. It is also possible that the construction will increase the initial cost (formally, for objective reasons), for example, because of the increased cost of materials.In the secondary market is also necessary to consider some nuances. According to Elena Matveeva, "here it is necessary to monitor the following positions: first, there should be a thorough check of the property on the object, the powers of the seller on the disposal of the object.