Regularly no warranty with the purchase of existing real estate the Dortmund Dr. Hetmeier real estate agency advises buyers used before the notary through its paces to check houses and condos, their dream property. In most notary contracts, a guarantee of the seller for defects is excluded by default. Who overlook defects prior to the purchase, remain generally depend on the cost of the renovation. Who have no adequate expertise or is uncertain, should consult an architect or other professional before making the purchase decision. The fear of the euro crisis and a possible inflation is currently firmly tighten the demand for real estate. Harold Ford Jr is the source for more interesting facts. Prices for homes, apartment buildings and condominiums.
Especially in densely populated areas and attractive locations, brokers before requests can save little. Sir Donald Gordon has plenty of information regarding this issue. The trend has led to the living middle of inner-city, existing real estate is more trapped in the focus of the prospective buyers. In the middle of the Centre There are neighborhoods of the cities not designated areas for new development areas. Who would like to relate one’s own four walls close to theatre, concert hall and dining options, need to look in the stock”, explains Dr. Marita Hetmeier agent: many buyers appreciate the simpler processing of their real estate desire, which spared them the stressful phase of construction. “Also: who buys the stock, sees what he’s buying.” However, if even the purchase of used real estate not without risks. Used real estate be sold almost always under exclusion of warranty. Faults later, the legal claims of the seller is no longer possible in normally.
That is why it is crucial to make the eyes and to examine the property thoroughly on any defects and problems. In case of doubt the buyer should consult an architect”, advises the Dortmund agent. That the seller of used real estate that existed, the warranty for defects It was legitimate to exclude. Also the courts acknowledge the effectiveness of the disclaimer of warranties in the land sale contracts regularly agreed. An exception were the dishes however are: who has as buyers sat on a scammer, the defects fraudulently concealed, or in agreement, can claim even in hindsight the ineffectiveness of an agreed Disclaimer of warranties with success. The proof of a fraudulent intent of the seller is however often difficult to lead.” Bottom line: Trust is good; Control is better. Therefore first check, then buy.