Advice 1: What is meant by the primary housing

The property market based on transactions of purchase and sale or lease of houses and apartments. Real estate transactions are governed by the Housing code of the Russian Federation. The major share of this market are apartments, so all changes of the real estate market are considered as an example of this type of housing. Like other, the real estate market is divided into two types: primary and secondary.
What is meant by the primary housing

Primary housing



The primary housing is a dwelling in which the quality of the product speaks for the first time. In other words – the apartments and houses has not yet been established right of ownership. As sellers on the primary market are the construction companies or the state.

The primary housing is acquired either by participation in joint construction in the process of construction or in the finished buildings with apartments that are not registered in the public registry of property. Moreover, the cost of square meters minimum during the first stages of construction and increases as it is completed.

Speaking about expediency of purchase of housing on the primary market, you need to consider the timing of construction, the subsequent investment in the landscaping of new housing and the degree of risk of participation in shared construction.

Purchase of primary residence makes sense in that case, if questions about the place of residence or registration is not acute and could wait a few years until completed.

It is worth considering that with the commissioning of the housing from the equity you have to repair from scratch. On the one hand, you do not have to remodel the apartment after the previous tenants and trim will perfectly fit your requirements and desires. On the other hand, you need to be prepared for additional costs considerable time and money.

In General, equity participation, despite the legal "purity" of primary residence, the event is risky. In the long time frame for construction it is difficult to predict the specific timing of the completion of construction, the possibility of bankruptcy of the Builder or the emergence of the economic and social changes in the country. However, under favorable circumstances, the purchase of housing on the primary real estate market best.


The secondary housing



The secondary housing is an apartment or a house that is already someone's property. It is not just about new and old houses: secondary becomes primary housing with the receipt of the certificate of state registration. If the developer for some reason does not sell the flat before completion of construction and prepares the title for the purpose of its further sale, this apartment will already have the status of second homes. In addition to developers and the state, sellers in the secondary market are also individuals.

When compared with primary, secondary, housing costs the buyer more. But the risks associated with the purchase of this apartment are minimal. They can be connected only with the termination of the contract of sale or presentation rights to the apartment by third parties after its purchase. With proper legal approach to the acquisition of housing such risks are excluded.

If there is a need for urgent transfer to the purchased apartment, then you should buy housing on the secondary market. The same applies to registration, as prescribed in the apartment is possible only in the ready room and in the presence of the certificate on state registration.

Advice 2 : What is secondary housing

Despite the wide spread of rented accommodation, the person seeks to provide for the family as its permanent home. Primary housing is much more expensive than properties sold by private individuals, so the secondary market is more lively because of lower cost.
What is secondary housing
The concept of "secondary housing" has long etched in the memory, but not always it has the correct meaning. Actually is any living space, be it apartment or house, held the transaction of purchase and sale and was registered in someone else's property. In other words, if you purchase a property, the first owner, you already precisely will not. It should be noted that the secondary housing is not always characterized by the presence of tenants, since more and more people invest their savings in building from the outset. On completion of the chosen apartment becomes the property of the first owner who did not plan to live in it. But the status of primary residence this property to wear.

The acquisition of a secondary property has its positive and negative sides.

The benefits of second homes



Usually new buildings are assigned not landscaped, new areas of the city, which has its own infrastructure. Purchasing secondary housing, you can before purchase to select any suitable area. The range of this kind of property a lot more in contrast to the range on the primary housing market. Prices on the secondary market are different, it depends on which area is apartment, house, area and condition of the structure. In the center of the city, of course, prices will be higher than in the suburbs.

If you get a secondary living space, then you can live in it, in contrast to the new buildings. Everything else, when buying such houses, flats much easier to get a mortgage, as this type of housing is subject to almost all types of mortgage loans.

Disadvantages of second homes



Among the disadvantages of purchasing secondary housing we note the following: there is a risk of acquiring a "masked" house, apartment after a good cosmetic or even major repairs. Some time after his purchase, you might do renovation, change the tube, battery, and make other significant investments, and it turns out that the structure is in disrepair and virtually impossible to sell. In addition to the other, it may be that and live in such a house if not dangerous, it is not comfortable by far.

Therefore, when buying this type of housing (apartment blocks), it is necessary to ask the relevant organizations if there are any shortages of heat, water and other utility problems. Also useful are the reviews of neighbors who can see all the flaws of the building.

If you want to buy second homes and have no legal knowledge in this field, in order to avoid some of the risks independently engage in the purchase of real estate is not recommended. The living space may not have a perfect past (different trial), not issued to residents and even to be resold repeatedly to disguise the various factors. In addition, currently, the real estate market has a large number of scams, so it is best to contact the Agency (realtors) that will check the housing for "clean" and check the owner, and will also help in legally correct registration of the transaction of purchase and sale. To save on legal support of transactions with real estate, not worth it, because the rejection of their services may be more expensive.

Most people prefer to buy second homes, because the primary real estate market prices are much higher and the availability of housing at any stage the construction becomes less attractive due to the high probability of cheating by unscrupulous developers and due to possible delays in commissioning.

Advice 3 : What is meant by the primary housing

The property market based on transactions of purchase and sale or lease of houses and apartments. Real estate transactions are governed by the Housing code of the Russian Federation. The major share of this market are apartments, so all changes of the real estate market are considered as an example of this type of housing. Like other, the real estate market is divided into two types: primary and secondary.
What is meant by the primary housing

Primary housing



The primary housing is a dwelling in which the quality of the product speaks for the first time. In other words – the apartments and houses has not yet been established right of ownership. As sellers on the primary market are the construction companies or the state.

The primary housing is acquired either by participation in joint construction in the process of construction or in the finished buildings with apartments that are not registered in the public registry of property. Moreover, the cost of square meters minimum during the first stages of construction and increases as it is completed.

Speaking about expediency of purchase of housing on the primary market, you need to consider the timing of construction, the subsequent investment in the landscaping of new housing and the degree of risk of participation in shared construction.

Purchase of primary residence makes sense in that case, if questions about the place of residence or registration is not acute and could wait a few years until completed.

It is worth considering that with the commissioning of the housing from the equity you have to repair from scratch. On the one hand, you do not have to remodel the apartment after the previous tenants and trim will perfectly fit your requirements and desires. On the other hand, you need to be prepared for additional costs considerable time and money.

In General, equity participation, despite the legal "purity" of primary residence, the event is risky. In the long time frame for construction it is difficult to predict the specific timing of the completion of construction, the possibility of bankruptcy of the Builder or the emergence of the economic and social changes in the country. However, under favorable circumstances, the purchase of housing on the primary real estate market best.


The secondary housing



The secondary housing is an apartment or a house that is already someone's property. It is not just about new and old houses: secondary becomes primary housing with the receipt of the certificate of state registration. If the developer for some reason does not sell the flat before completion of construction and prepares the title for the purpose of its further sale, this apartment will already have the status of second homes. In addition to developers and the state, sellers in the secondary market are also individuals.

When compared with primary, secondary, housing costs the buyer more. But the risks associated with the purchase of this apartment are minimal. They can be connected only with the termination of the contract of sale or presentation rights to the apartment by third parties after its purchase. With proper legal approach to the acquisition of housing such risks are excluded.

If there is a need for urgent transfer to the purchased apartment, then you should buy housing on the secondary market. The same applies to registration, as prescribed in the apartment is possible only in the ready room and in the presence of the certificate on state registration.
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