Tips on the subject for different situations gathered intelligence real estate company “Metrium”. In particular, potential buyers of new buildings, they are advised not to delay purchase – prices fall is unlikely, but the mortgage can end. In addition, developers can now ask for discounts, and mortgage rates in principle are at historically low values.
Those looking to buy apartments in the secondary market, expect cheap mortgages, because the rate for purchase of ready housing are reduced, too. During the isolation, many sellers have removed ads and can re-publish them in the near future, which will increase for the buyers choice and allow them to ask about discounts.
with regard to the sale of the property, then the owners of apartments in new buildings there is a sense to hurry. “State program of mortgages with subsidised interest rate allows you to buy apartments under the contract of assignment of rights party shared building. However, a mortgage with state support is given only to those customers who are inferior to the rights of the legal person, – remind in the company. – So you may have to sell the apartment first, legal entities, and then on his behalf to assign requirements to an individual. This option is particularly suited to investors”.
If you want to sell an apartment quickly, then you need to be willing to give discounts – the volume of supply is now greater and you will have to compete with developers. Sellers of secondary apartments is also better to act quickly – here is the impact of the second wave of coronavirus or just a complication of the epidemiological situation. If this happens, to sell the apartment will be more difficult, the market may once again slow down.
