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Financial issues related to the sale of real estate

by hotjapanse

The main financial issue in the sale of real estate of any type is the payment of the transaction. That is, you pay not the deal itself, but the goods, that is, the purchased real estate. This can be done in several ways that are selected based on the preferences of both sides.

However, payment of the transaction is not the only expenses for the sale of real estate. The minimum expenses when selling the apartment will be state fees that must be paid when applying for some documents for the sale of an apartment.

In addition, in the case of a professional real estate agent, you will have to pay for his work, and this is more additional costs. Moreover, you will have to meet with such expenses as advertising in the media and so on, if you decide to sell the apartment yourself. Realuation of real estate to the buyer also costs money, and often such a re -registration is carried out by both parties.

It turns out that in addition to paying for real estate itself, the buyer has additional expenses, which, in principle, are insignificant compared to the total amount of the transaction. However, such additional costs must be foreseen in advance so that you have enough money. The seller, for his part, will also bear certain expenses, but they will be less significant.

In addition, during the receipt of real estate in your property, that is, after making a purchase, you will need to pay real estate tax in accordance with the legislation in force in Russia. For forms of ownership of different types, various taxes are calculated. In addition, existing legislation also provides for the number of purchases of immovable objects during the year. Therefore, expenses for payment of tax can increase when buying several objects.

Thus, depending on the value of real estate, the buyer will incur additional costs within 1-3% of the cost of the property.

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