What and how much can you save when buying a home?

Many people try to save as much as possible on buying an apartment in a new building. We are used to buying products at the supermarket on sale or clothes on sale. The real estate market is more complex. There's no way you can get half the cost off. If someone makes you such an offer, then he is probably a scammer.

However, there are real ways without deception and tricks. Some of them are more useful, others will only reduce the cost slightly.

Let's look at ways to save money on buying an apartment in a new building. In our list they are arranged from most profitable to least profitable.

Take on some of the functions and responsibilities of a realtor

Any experienced realtor will tell you that the lion's share of the transaction when buying a home is given to the preparatory process, namely the search, selection and viewing of objects according to given parameters. And if you take on some of the responsibilities of a real estate specialist, you can save a lot on the services of a realtor when buying an apartment on the secondary market, and to be a little more specific, it’s at least 50 thousand rubles. Agree, significant savings!

In turn, I do not recommend completely refusing the services of a professional market participant - a lawyer or a realtor. In the market for the provision of real estate services, for quite a long time, there has been such a service as legal support of a transaction, which is in great demand among particularly pragmatic and economical clients. In this case, a real estate specialist, realtor or lawyer gets involved in the transaction at the final stage, after the client has independently chosen the property to purchase, in order to check the history and cleanliness of the apartment, draw up a purchase and sale agreement, conduct the transaction itself in the bank and ensure safe financial settlements between the parties to the process.

I am sure that if you want to save money when buying a home, then transaction support will be the best fit for you...

Buy from bankruptcy auction

The easiest way is to buy an apartment directly from the developer; there you just need to contact the sales office and sign a share participation agreement. It is a little more difficult to buy housing on the secondary market, where you need to look through thousands of advertisements, negotiate with the seller and wait until he completes all the documents. But there is an even more complex (and more profitable) method - bankruptcy auctions.

The first option is collateral housing from banks

. The mortgage lending boom began several years ago, but some borrowers, for various reasons, found themselves unable to pay their loans. Some have taken out credit holidays, some have restructured their debt, and some were forced to sell their home to pay off their debts. And the housing of those who have reached the last stage becomes the property of the bank, which soon puts it up for auction.

A wide variety of housing is included there - both apartments in relatively new buildings in large cities and private houses in rural areas. Most likely, the prices will be listed slightly below market prices, but you should understand that bidding involves an increase in rates, so the final price of the apartment may be higher.

The second option is bankruptcy bidding.

For several years now, Russian citizens have had the opportunity to declare themselves bankrupt. In this case, the debtor loses all property (except for the only home) that is put up for auction. And if the bankrupt owned more than one piece of real estate, he will have to sell the rest. Most likely, the price will be lower than the market price (lenders are interested in getting money as quickly as possible), so this option can also be considered.

David Rizaev from the National Association of Auction Brokers told us about it in detail

The bankruptcy bidding market is another way to buy an apartment profitably, which few people know about, and even fewer people use it. Every day the number of bankrupts in our country is growing. Individuals and legal entities, individual entrepreneurs often file for bankruptcy. Almost everyone has property that is put up for auction to cover debts. And even while you are reading this text, someone filed an application to the court to declare him bankrupt.

When a legal entity goes bankrupt, all property is put up for auction: from an office chair from the director’s office to wrenches from the workshop. If we are talking about the bankruptcy of an individual, then all of his property will also be taken away from the auction: apartments and cars, land plots and country houses.

The bankruptcy trading market has been growing steadily for several years by 28% and its volume is 73 trillion rubles. Every year, more than 2.5 million lots are put up for auction, which are sold much cheaper than the market.

Examples of residential real estate that is up for auction

1. Apartment with an area of ​​138.6 sq. m:

• Location: Moscow, 2nd Shchemilovsky lane, 5A
• Market value of the property: RUB 56,170,000.
• Current price at auction: RUB 54,918,900.
• The auction price drops to: RUB 39,541,608.
• Project profitability up to 142%
• Discount to market up to 30%

2. Eight-room apartment with an area of ​​264.3 sq. m. m:

• Location: Moscow, Botanichesky lane, 16
• Market price of the property: RUB 93,178,436.
• Current price at auction: RUB 84,103,077.
• The auction price drops to: RUB 5,606,871.
• Project profitability up to 156%
• Discount to market up to 94%

What's the result?

Buying an apartment is both a joyful moment and a troublesome one. When choosing a method of acquiring it, it is necessary to take into account all the risks as much as possible. To do this you should:

• study offers on the market from developers and individuals;
• personally inspect the potential property;
• if it is a mortgage, trust a reliable bank, thoroughly reading all the terms of the agreement and even those under the *star in fine print;
• consult with realtors and, if necessary, seek their services;
• collect information from friends and acquaintances, perhaps they will tell you what needs to be taken into account based on their experience.

If you are buying an apartment not with a mortgage, but with cash, then turn your attention to the bankruptcy trading market. This is an opportunity to buy real estate at a price up to 70% below the market price. Accordingly, you can use the amount of savings for other purposes or save up for what you want in a shorter period of time.

David Rizaev

, Chairman of the NAAB (National Association of Auction Brokers).

Of course, everywhere has its own characteristics and risks, and buying at auction will not be an exception.

Before bidding, you will need to look at the object itself

, and to do this, negotiate with an authorized person (for example, with an insolvency administrator or realtor), which is not so easy. And the most attractive options will go to those who are willing to pay more.

By the way, other experts consider auctions not the best way to save on buying a home. For example, Natalia Kuznetsova draws attention to the fact that bidding is bidding, and if there are many applications, the starting price will rise to the market price:

Buying an apartment at auction does not allow you to save money, since the purchase price depends on the number of applications submitted to the auction. Therefore, in each specific case it may be different. If there are many applications, the original price may increase by 20-30%. The advantage of buying an apartment at an auction is that the buyer purchases a ready-made apartment, sometimes with full finishing, under a sales contract. This eliminates the risks of unfinished construction and delays in delivery.

Natalia Kuznetsova

, General Director of the real estate agency "BON TON".

In general, the auction option should not be completely discarded

– in a small town there is usually not a lot of housing for sale, and the most suitable apartment may be put up for auction. But in general, a regular sale is simpler - the transaction is formalized by a simple purchase and sale agreement and registration in Rosreestr, and such transactions are easily financed by banks. In the case of bidding, it will be almost impossible to agree on a mortgage - the approved application has a limited validity period, and the bidding is extended over time.

VAT refund

Since we are talking about how to save money when buying real estate, then, of course, a VAT refund when buying an apartment can be considered a kind of significant savings. The maximum tax deduction is 260 thousand rubles - 13% of 2 million and you can only receive it from the purchase of real estate once. Officially employed citizens with a white salary can count on such a significant amount, but only the next year after the purchase (in the next reporting period) who have previously submitted a 2nd personal income tax certificate to the tax authority in accordance with the established procedure.

And if saving money is a primary issue for you, then before buying an apartment, think carefully about which family member should you register the property for?...

I look far away - I save easily!

Saving when buying a home is undoubtedly a great success, but let's try to look a little further than our own nose, into tomorrow.

The law clearly defines categories of citizens who are completely exempt from paying property taxes and have significant discounts and subsidies for paying for housing and communal services. I strongly recommend that you think carefully about who you will register the property for, who will be the title owner of the property you are purchasing - this will directly determine whether you will be able to save a lot of money monthly and annually on the apartment, or rather on its operation and taxes. If you register an apartment in the name of a close relative, grandmother or grandfather, of retirement age, you can monthly save 50% of the utility bill, avoid paying annual property tax, and have other preferences and benefits.

Save - Don't overpay for repairs!

The likelihood that the renovation of an apartment you like or just bought will completely coincide with your tastes and preferences is almost zero. So there is no point in overpaying for condition and repairs, no matter how excellent and high-quality they are. From experience I can say that in most cases, far-sighted clients purchase walls and location, and still sooner or later remodel the apartment to suit themselves. In addition, buying a completely destroyed apartment is a great way to initially save the family budget.

For those who are not afraid of spartan conditions and inconveniences at first, for whom the condition of living conditions of the premises is acceptable when purchasing, and who at the same time want to save significantly, I strongly recommend that you ignore advertisements with fresh design solutions and interiors and do not pay attention to beautiful pictures no attention. Your option is an apartment without decoration and renovation, or a ruined apartment, where the first and last renovation was done when the house was put into operation 20-30-50 years ago and has long since fallen into disrepair...

I buy a new building myself - total savings!

It’s not for nothing that I decided to highlight the topic of buying an apartment in a new building in a separate paragraph and write it on the red line. Many potential homebuyers in new houses that are ready or still under construction confidently believe, and for the most part with good reason, that they don’t even need a realtor when buying a new building: they buy apartments directly from the developer, the history is as clear as a baby’s tear, there’s nothing special to check and they have no reason to overpay the realtor. But it is precisely this unique opportunity, as it seems to them, to do everything themselves and not pay for legal or consulting services to anyone that regularly turns into ruin for some of the buyers of new buildings. Clients in the primary market regularly neglect basic precautions: they do not check the developer’s constituent and permitting documents, they sign foundational documents carelessly, and generally behave extremely imprudently.

Often, and this is at best, the result of such frivolous behavior is the purchase of all kinds of illiquid assets. It’s a great success for the manager of the sales department of new buildings, hard-boiled to the core, to meet such an inexperienced independent buyer on his way - there is a good chance to sing a sweet solo and sell the lop-eared client some illiquid property far away: an apartment in the corner, with windows on the canopy, or push it to the family, in need of isolated rooms, another masterpiece remake: a Euro two-room apartment or a Euro three-room apartment. Also, it is worth noting that there are very dark scenes in the primary market: tent cities of defrauded shareholders, long-term construction, bankruptcy and flight of the developer.

Potential clients should still be reminded once again that this is a market, and like everywhere else on the market, you can simply be deceived, and to prevent this from happening, it would be nice to have a competent specialist on hand who will promptly prompt and correct the course of erroneous ones, lost in the wilds, thoughts

How to save money on a new building

In Russia, about 80 million square meters of housing are built every year, most of which are apartments in new buildings. For example, more than 1.1 million apartments were built in 2021

– at this rate, all Russians will be provided with housing in the foreseeable future. If, of course, they find the money for it, apartments in new buildings are quite expensive.

But even where at first glance there is no place to save, there are still some opportunities - as long as the construction of new housing remains a state priority, Russians can find benefits for themselves.

Preferential mortgage – for now for everyone

Construction is still a priority for the state, and due to the coronavirus pandemic, a unique preferential program was announced in the country - a mortgage at 6.5% per annum or less for literally any borrower. The state is ready to subsidize the interest rate for banks for the entire term of the mortgage loan

, and some banks were even able to make the rate even lower (the record so far is 5.85% per annum for Promsvyazbank).

In fact, the only limitation of the program is that it only applies to apartments in new buildings (under an equity participation agreement or the purchase of a finished apartment from a developer). The restrictions on the amount are such that almost any apartment is suitable.

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From the very beginning, the program was in great demand - in 2020, most likely, a new record for the issuance of mortgage loans will be set. And this is really profitable - instead of the standard 8-10% per annum, any borrower receives about 6% (of course, plus voluntary insurance, without which the rate increases).

True, there were some downsides. The introduction of preferential mortgages fueled demand

that the Russians bought up almost all the housing in already started projects, and developers had to urgently start new ones. Naturally, at higher prices - according to various estimates, housing on the primary market has risen in price by 15-20%. And now buying an apartment with a preferential mortgage will cost the same amount (including overpayments) as buying an apartment before the introduction of the state program.

But now this is the only option to profitably buy a home with a mortgage - simply because housing has become more expensive everywhere, and low rates are only available in this program. Natalia Kuznetsova from the BON TON agency says

a preferential mortgage justifies itself when housing prices rise by less than 16%:

The introduction of preferential mortgages still allows you to save on purchases. According to calculations, the effect of the preferential mortgage rate is leveled out when prices increase by 16%. To date, prices have increased by 10% over the year. Based on the average price of a comfort class apartment (June - 10.2 million rubles, October - 10.9 million rubles, price increase is 7%), down payment - 15%, market rate - 8.6%, preferential rate – 6.1%, term 19 years. Payment of annuity payments. We used a mortgage calculator, which is available to everyone. In the first case, the total amount of payments is 17.626 million rubles, in the second case – 15.689 million rubles. The winnings at the preferential rate are 1.96 million rubles. or 11%. This gain is leveled out with an increase of 16%, when the price of the apartment is 11.8 million rubles.

Natalia Kuznetsova

, General Director of the real estate agency "BON TON".

And given that the program has been extended until the summer of 2021

, during this time demand may decrease, and more affordable projects will finally appear on the market.

But there are still interesting and not yet very popular offers. For example, Nadezhda Korkka from

talks about projects in New Moscow - unlike other areas, there are still normal prices there:

This method of saving is suitable for those for whom location is not a determining factor, for example, an apartment is being purchased for investment purposes. Take a closer look at New Moscow. There are many interesting high-quality projects offered here, which are distinguished by favorable prices. After a few years, the direction will become much more in demand (in any case, the city authorities are promoting this in every possible way), and the price of your asset will increase significantly.

Nadezhda Korkka

, managing director .

Requirements for borrowers for such mortgage loans are standard, this applies to age, employment and creditworthiness

generally.

Savings in shared construction

Now almost all apartment buildings in Russia are being built according to the shared construction scheme. This means that the developer attracts money from shareholders at the excavation stage

, and then with this money he receives project financing from the bank, with which he builds a house. Shared construction assumes that buying an apartment in a building under construction will be more profitable than after putting the house into operation - as long as the developer needs money, he is ready to make discounts.

With the introduction of amendments to the legislation on shared-equity construction in 2021, the risks for shareholders are minimal

. Thus, all their money is stored in a special escrow account in the bank, and the developer can gain access to it only after registering ownership of the first apartment in the built building.

Some houses are still being built according to the old rules (without escrow accounts, such a clause was in the law), but apartments in such houses were most likely sold out a long time ago - prices there were lower because developers did not pay interest to banks for financing.

Of course, a scheme with shared participation agreements (equity agreements) has its own risks:

• the developer may delay the delivery of the house. Although the deadlines are specified in the contract, construction companies very rarely meet them. Especially now, when they are faced with a serious shortage of workers (due to closed borders, migrants cannot enter Russia), while simultaneously launching new projects;
• the house itself, landscaping and infrastructure around it may differ from what is depicted in the advertisement. And sometimes the apartment’s parameters also differ – and the future owner must pay for the “extra” square meters;
• construction may turn out to be problematic. Now, thanks to escrow accounts, equity holders do not risk money, but due to a stop in construction, they risk losing several years.

But buying an apartment from a more or less large developer with a good portfolio of orders (which he completed on time) minimizes almost all these risks. And the price remains lower than that of finished housing.

Various types of promotions from developers are also possible

– for example, a bank partner company can offer mortgages at even lower rates. True, in 2021 there were almost no such promotions - because there were no problems with demand, says Nadezhda Korkka:

The second point that determines the benefit is the low season for buying a home. This is the time when the cost per square meter is lower than in other periods. In pre-crisis times, January and June-July were considered such a season. At this time, developers often offered various promotions. But there are factors that change the usual picture of the world. In this regard, the crisis of 2021 is indicative. Fluctuations in foreign exchange rates, lower interest rates on bank deposits, general economic uncertainty, and preferential mortgages have led to rush demand in the primary and secondary housing market. High demand always leads to higher prices, so summer 2021 cannot be called a low season. However, crises do not happen very often, so in general the rule works.

Nadezhda Korkka

, managing director .

However, the “preferential mortgage + DDU” scheme in 2021 is one of the most common options for purchasing a home, and there are objective reasons for this.

Savings on finishing

When buying a finished apartment from a developer, or investing in shared construction, the buyer will most likely receive housing without finishing at all

. Repairs from the developer were previously considered wasted money, so now they prefer to refuse them altogether.

As a result, the housing after the house is put into operation is a concrete box - when a rough finish is chosen. But renovating from scratch will be expensive - so much so that you have to take out a loan for it. And since the loan is no longer a mortgage, then the overpayment on it is appropriate.

But the experts we interviewed advise not to immediately refuse what the developer offers. It is quite possible that it makes sense to focus on pre-finishing, says Arthur Merkushev from Dominfo

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ru
. According to him, the overpayment for it is not so serious, and it will be easy to bring the apartment to a habitable condition:

Marketers in advertisements for apartment purchases, of course, try to set a lower price per square meter. Most often this is the price of a rough apartment. Arriving at the sales office, many are dissatisfied with the difference in prices for an apartment with and without finishing, and many are completely fooled by the advertising and do not understand until the very end that the price listed is for a black apartment. Indignant under the influence of emotions, a person does not want to take a more expensive apartment and decides to stay at a “black” one, and “I’ll do the repairs myself quickly, to suit myself and inexpensively.” But, unfortunately, in reality it doesn’t work out “quickly” and “inexpensively”.

In fact, by purchasing only a concrete box, you increase the cost of the apartment by 15-20% - this is exactly how much you will have to invest in independent repairs. Therefore, it is more profitable to buy an apartment with full or pre-finishing finishing. In the first option, you just need to get the keys, bring the furniture and you can live. But the price per square meter will be 20-25 thousand rubles more expensive. But even this is cheaper than repairs, which will cost approximately 30-35 thousand rubles per square meter.

An economical option would be to purchase an apartment with pre-finishing finishing. In this case, you will need to hang wallpaper, lay laminate flooring, insert light bulbs and you can live. Pre-finishing is more expensive than roughing, but not much, about 10 thousand per square meter.

There is another option for a profitable purchase. Construction companies have already appeared on the housing market that offer to choose a finishing option in advance. You choose the building materials, and the developer and his team arrange everything. It all depends on the materials you choose and the construction company. You can both save and spend. But there is definitely a plus - you don’t have to redo anything “for yourself.”

Arthur Merkushev

, director of the analytical department of Dominfo.ru.

However, when choosing this option, you need to check the apartment very carefully before signing the deed

– it is quite possible that the finishing will not be perfect, but this is usually corrected at the request of the future tenant.

But the most important advantage of this option is the fact that the cost of finishing will be included in the amount of the mortgage loan, and you can also pay 6% per annum for it instead of 15-20%, as for a consumer loan. The main thing here is to correctly calculate your strength, because pre-finishing still requires some investment

(albeit less than the draft).

Don’t skimp on the services of a realtor when exchanging housing!

Many-running complex real estate transactions are not the best time and place to save on the services of a lawyer or realtor. Almost all alternative transactions for the exchange of housing (sell one and buy another apartment and do all this at the same time) due to various life circumstances are strictly limited in time and must meet certain deadlines, and require from its participants a certain skill in this kind of matter.

The success of the event as a whole depends on the clear and well-coordinated interaction and coordination of all interested parties in the transaction - everything should go as planned. The orchestra sometimes has only one chance to play and it must not give a single false note, otherwise everything can collapse overnight like a house of cards.

The confidence of going through all stages of the transaction will largely depend on the professional skills of a real estate specialist and his experience. A highly qualified agent must act in the interests of the client, clearly and competently defend his position, calculate the algorithm of the purchase and sale process in advance, and describe with pinpoint accuracy all the actions of each participant literally minute by minute. The foundation, a solid basis for an alternative sale, should be the professional work of a transaction support specialist.

But often clients neglect recommendations and advice when exchanging housing alternatively, having picked up tips from unreliable sources, they try to save money on the services of professional market participants. As a result, in many cases they move even further away from the intended goal...

You can’t save money on checking the legal cleanliness of your home!!!

I had a remarkable case in my practice. A potential client approached me with the question of purchasing secondary housing in the North-Eastern Administrative District of Moscow, and to be a little more precise, he intended to buy a 2-room apartment on Yaroslavskoe Highway. So, after an initial consultation on the terms of cooperation and the cost of the realtor’s services, the client, as unfortunately happens quite often, disappeared. Imagine my amazement when, after some time, this same person called me with a request to meet and advise him on the subject of housing he had already purchased. The thing turned out to be that my failed client purchased an apartment 3 million rubles below the market with a person registered in it. According to him, he took this step knowing about this essential condition, but the opportunity to save as much as 3 million rubles when buying an apartment hypnotized him, and the full awareness of the full burden of such a burden came to him quite late - after the paperwork and registration of the right ownership of an apartment, when the eternal user, as they say, began to “download his rights.” In this case, all I could do was throw up my hands - the client of his own free will refused the services of a professional realtor, thereby deciding to save a little when buying a secondary home, and as it turned out, it was in vain. Similar cases are unique, isolated and occasionally found on the secondary market, yet the majority of “secondary” buyers are head-to-head friends, and even if they are not friends, then there are always those with them who will straighten their brains out. At the end of the paragraph, I will say almost in verse: “Even if someone believes in miracles, but checking the legal cleanliness of the apartment cannot be neglected!...”

We pay immediately

Many large developers set two prices: “basic” and “100% payment”. Therefore, when you call the developer, you will be asked about the planned form of payment. The fact is that the price when paid in full is 5-15% lower than the base price. It applies to payment of the entire amount at once or to a purchase with a mortgage.

There is no trick here. It is beneficial for the developer to receive the entire amount of money at once either from you or from the bank that issues you a mortgage. He will immediately use the money he receives to build a house.

There will be no discount for paying in installments. As a rule, it is valid until the end of construction. Installment plans are expensive, since the developer will receive the entire amount in a few years. Interest-free installments are completely unprofitable for the developer, although there are many such offers. Sometimes you will have to pay for the installment plan. As a rule, interest is charged on the balance of payments in the region of 1-2% per month or 10-15% per annum.

Bargain and save!

This is a market, and as in any market, it is customary to bargain here: to offer or put forward your own conditions for purchasing goods. Don’t be shy and don’t be afraid to offer the seller your price for the apartment, no one will eat you or bite you for this, I’m sure the reaction will almost always be normal, and after some deliberation you will receive consent or refusal of the conditions you put forward, or you will receive a counter-alternative offer - “not yours, not ours.” I am sure that those owners who urgently need to sell an apartment will look for a compromise solution: bargain and consider counter offers on price - accordingly, buyers in this case will be able to save money. Absolutely any excuse can serve as a reason for bargaining: the view from the window, the distance from the metro and from civilization in general, the deplorable condition of the apartment in particular and the fatigue of the housing stock in general - in general, if you wish, you can pile up a lot of things. By bargaining, it is sometimes possible to save a tidy sum - 500 thousand rubles or even much more, but it is still worth noting that such options are rare, most often the seller agrees to the standard 50-100 thousand rubles - this is the minimum amount that can be saved for bill of sale when buying an apartment...

Ways to save on buying an apartment in a new building

We will present to you effective ways to save on the purchase of housing in a new apartment building, that is, on the primary market:

1. Buy an apartment at the stage of digging a foundation pit . Yes, when construction just started. You can save from 25% to 60%! The savings are very significant, but there are also risks. What if construction is frozen? The developer will go bankrupt... You never know. And the money has already been paid. Our portal has already written about how to choose the right development company. If the purchase of an apartment occurs at the very beginning of construction, this is incredibly important! The developer must be proven, responsible, and have an impeccable reputation. Another disadvantage of such savings is that you will have to wait until the house is built. A year, two, three, at least six months... In any case, you will have to wait quite a long time. And if the family has been renting housing all this time, then rent payments will significantly reduce the amount saved.
2. Buy an apartment in the late stages of construction . The risk is much less, especially if the construction is actually completed and finishing of the common areas has begun. However, the savings are noticeably less than at the very beginning of construction - about 5-7% of the cost declared by the developer.
3. Buying in low season . Real estate sales traditionally fall before the New Year holidays and in early January, as well as during the May holidays. It is much more likely to receive a significant discount from the seller, because demand has fallen. As for summer, this is a controversial issue. For example, in the Krasnodar Territory and Crimea, in the southern regions of the country, in the summer, on the contrary, the demand for real estate grows significantly. But in other regions it decreases due to the holiday season. During the low season, you can save up to 25% on an apartment.
4. Buying without an agency . There are developers who have entire sales departments and intermediaries. And they need to be maintained. And there are developers who are ready to work directly. The savings may not be as significant, as low as 1.5%, which is the realtor's usual rate. But still it is there.
5. Buying an uncomfortable apartment . These include: Housing on the first and last floors, where there is a greater likelihood of problems with either the sewerage/basement or the roof.
6. The apartments are far from stops and metro stations.
7. Apartments whose wall is adjacent to the elevator shaft.
8. Corner apartments.
9. An apartment in a building located in an area with poorly developed infrastructure.
10. Housing with a bad view from the window. For example, just at a neighboring house, when they look into your windows.

Such apartments are usually sold at a significant discount, as they are not in demand. You can save up to 25% of the cost.

1. Buying a home without finishing . That is, “bare” walls, often without partitions at all. The savings are doubtful, because repairs will still have to be done. Moreover, without the discounts that a developer who buys everything in bulk receives on materials. But the costs can be spread out, everything can be done gradually

Don't take too much or how much to hang in meters

As you know, appetite comes with eating, and the desire to buy as many square meters as possible regularly arises among job seekers when selecting a suitable housing option. The real opportunity to afford to buy a larger apartment than previously planned takes many potential clients into an uncontrolled flight far beyond the stratosphere. At the same time, unlucky buyers completely forget about the issues of further use of the home; many of them do not even imagine that a seemingly simple action such as weekly cleaning of the premises can develop into a burdensome event for them.

Take as much as you can carry, service, pay for, in the end, it’s easy to sell in the future (1-2 room apartments are considered the most liquid product on the market, three-ruble apartments are hard to sell). Don’t take an extra meter - in the future you can save a lot of money, but also much-needed vital energy...

How to get a discount

It is quite possible to get a discount if you, as a buyer:

1. You ask for an adequate price, within the framework of reasonable bargaining. Anyway, the seller assumed that it would be, so he is ready for such a turn of events.
2. Say that if there is no discount, you will not buy an apartment. You have a specific offer and you simply don’t have any more money.
3. If you are refused, go to other sellers. And say that you have already communicated with other owners, monitored the market and this price is adequate to the situation.

This approach always works, both in the secondary and primary markets. In addition, you can get a discount from the developer if the entire cost of the apartment is paid in one amount, without installments.

The seller necessarily reduces the price if the property is located next to:

• Cemetery.
• Oxygen station.
• Large hospital complex.
• Warehouse.
• Plant or factory.

A discount is also given if illegal redevelopment has been done in the apartment. It will have to be legalized by regulatory authorities, which takes time and money. So the seller will definitely need to reduce the price.

Important

You can also save money by buying a new apartment to offset the old one. That is, the real estate agency selects options so that the price of a new apartment does not exceed the cost of the existing one, so that the owners do not have to pay extra. Such options can be difficult to find, but there are still opportunities for savings.

Save on your mortgage

If you are planning to buy an apartment using mortgage funds, do not rush to accept the offer and “favorable” conditions of the first bank you come across. Think carefully before making such long-term financial commitments. Compare and analyze mortgage products from several financial institutions at once. I would not be surprised if it turns out that the difference in mortgage rates can reach from 0.01 to 2-4%. And even at first glance, a negligibly small 0.5% in the future promises significant savings for new residents

Catching a discount

Promotions, discounts and special offers - with the help of these tools, developers encourage you to purchase. There are a great many of them, you can save money on buying an apartment with their help, but don’t expect too much.

The most profitable ones are cash discounts. They can be a fixed amount of the entire cost or per square meter, as well as a percentage of the price. On average, you can save from 50,000 rubles to several hundred thousand. Often discounts are higher for larger apartments.

Large promotions are timed to coincide with holidays, for example, New Year. At the end of the year, the market always becomes more active, each developer strives to stand out more than the other. This is a great time to catch a lucky discount.

Cheapness is imaginary savings!

The initial cheapness of buying a home can later result in serious financial and time costs, loss of health, or even develop into a catastrophe or collapse on a global scale for a new, especially economical owner. Buying an apartment for cheap in an open field, far from the benefits of civilization, seems to many independent buyers to be nothing less than, well, just a brilliant idea!

But the euphoria from a bargain purchase from such new geniuses quickly disappears, and this happens exactly after they begin to spend their lives every day in many kilometers, many hours of traffic jams. And even such a basic action as going to the grocery store or making an appointment with the local doctor at the clinic can become an unbearable burden for them. And over time, fatigue accumulates, financial costs accumulate, problems grow like a snowball...

Based on the foregoing, I recommend that you carefully, with feeling, sensibly, carefully, comprehensively study in the smallest detail the location of the apartment building where you have your eye on an apartment, and thoroughly examine from all angles the area of ​​your intended residence: transport, social services, and trade and retail infrastructure. Think carefully about whether it will be convenient for you to get to work or school, where you will do your daily shopping, where you will go if you accidentally get a toothache or headache...

Don't consider yourself smarter than others. The housing market is a very complex organism with its own pricing laws. The price is set for a reason - it is measured down to the millimeter. Take my word for it, miracles do not happen, and this time and next time you most likely will not end up in a fairy tale. Look at things soberly, otherwise you will get lost, deceive yourself and only...