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Articles about real estate in Estonia » Great deals » How to avoid being deceived when buying real estate: simple advice from an experienced expert.

How to avoid being deceived when buying real estate: simple advice from an experienced expert.

Great deals / Cheat sheet for shoppers
23.12.2023
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How to avoid being deceived when buying real estate: simple advice from an experienced expert.

Acquiring real estate is a responsible step, and it is especially important to carefully consider it when it comes to such an attractive country for investments as Estonia. To ensure that your deal goes smoothly without any unpleasant surprises, follow these expert tips.

1. Research the market

Before making any investments, thoroughly study the local real estate market. Compare prices in different areas of Estonia and make sure that the asking price for the property is reasonable.

2. Check the legal status of the property

One of the key points is to verify the seller's legal rights and ensure that there are no encumbrances on the purchased property. Seek the services of a notary or a professional lawyer for complete peace of mind.

3. Personally inspect the property

Do not rely solely on photographs or descriptions - it is best to see the condition of the property in person. Look for any flaws that you can use as an argument during negotiations.

4. Professional valuation

To confirm that the price corresponds to the real value of the property, engage licensed appraisers.

5. Clarify the purchase conditions

The transfer of ownership rights must be carried out strictly according to the legislation of Estonia; all conditions should be documented in the sales contract.

6. Transparent payments

Any payments should be made through a bank transfer to provide evidence of the payment and its amount.

Conclusion

By following these simple rules, you will protect yourself from possible manipulations and ensure a safe purchase of real estate in Estonia. The presence of an honest seller and quality legal preparation are the keys to a successful investment for every buyer.

Seek assistance only from trusted specialists who have experience in the Estonian real estate market, guaranteeing the relevance of the information and advice you receive on "How not to be deceived." Your success is the result of a competent approach!

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