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Truths and myths you should know before buying a property

28/05/2014

This article was translated by an automatic translation system, and was therefore not reviewed by people.





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Units with fewer rooms are cheaper ? Buy a home in the plant is more advantageous? Experts answer key questions

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The purchase of the property is subject to risks and low incomes , and also the promises of recovery that may not materialize
Before you get the key of the house itself , it is necessary to pay attention and think a lot to prevent future headaches and protect the financial assets .

Also read : See how to declare properties in Income Taxes

To guide future buyers , iG heard financial advisors in order to check what are the myths and truths at the time of acquisition of a property , either to live or to invest.

Property always appreciates

Myth . Homes and apartments have appreciated much in the last ten years in Brazil , but it was not always so , says financial adviser Andrew Massaro . " In the 1980s , with hyperinflation , devaluation of real estate had in the country 's thesis that chat is still not detract broker . A unit can hold up to par, but inflation can impact on investment ."

To Massaro , a housing bubble , already registered in other countries such as the United States and some European countries , it can also happen in Brazil . " So it's nice not to have to purchase a recovery unit. It may or may not happen ."

The valuation will depend mainly on the evolution of the income of future buyers , as well as the economic activity of the country " The advice is the same as for stock investors in the stock market : the past performance of the property does not guarantee future performance "concludes Massaro .

Buying a house or apartment is safe

Myth . Anyone buying a property takes unforeseeable risks which can not be included in the economic projections .

As a result , experts usually frame the investment property as equities , as well as the application in action. This is because the unit value may fluctuate over time , and cause the owner to lose money as well if you want to resell it at that time . It is a medium risk , but there is, says Professor at PUC - SP , Fabio Gallo .

Furthermore , the liquidity of an investment in a property is less than that of other investments . " In an emergency , you can not tell that you can sell the house or apartment in the expected time and at the price you want. This depends on negotiations," Gallo says.

Apartments on upper floors and face the sun are more valued

Truth . Popular , these units end up having a slightly higher cost is due to the noise (which is almost always lower ) and benefit from a wide view in the case of upper floors , or decrease problems like mold with the highest incidence of light the solar environments.

And also: Currency of home : finance or buy in cash ?

But these issues should not be decisive for the purchase , and the buyer should not expect a substantial difference in the valuation of the property over time because of them . "The features end up being used more as a selling point in the launch of the property. Longer term, the future buyer will find fewer options for sale in the venture , and these features remain in the background ," says finance professor at PUC - SP Fabio Gallo .

Building the plant is more advantageous

Myth . The property in the plant is only cheaper because of project risks that customers share with the developer responsible for the project . No wonder , the unit price increases as the works proceed , the building is ready to move and is a property used .

The finance professor at PUC - SP , Fabio Gallo , points out that the risks of property in the plant are diverse : it is not possible to know if the construction of the building will be followed to the letter , if the works will delay or even the builder will file for bankruptcy . " The discounted value of the unit can not compensate for the headaches and costs of fines and lawsuits in these cases."

Earning income on rent always pays to buy

Myth . The income from rents can not offset the price paid for the property . You need to verify that the amount of rent to be charged on the rental unit , and calculate monthly compensation that can be obtained with respect to the price paid for the house or apartment .

" The return on rent may be less than offered by safer investments " ( Andrew Massaro , financial advisor )
The result can not make the purchase for the purpose of investing , and other financial investments may be more attractive to the investor . The income from rent can also be impacted by tax periods without tenant ( in which the homeowner has to pay the cost of condominium ) , default and reforms as a result of lack of maintenance of the property by tenants .

The financial adviser Andrew Massaro With higher interest rates , the trend is that the investment does not pay off, he says. " That's because the pay the rent may be below the offered by fixed income , more secure applications ." Again, it is not prudent to rely on the valuation of the property , which depends on several variables .

Accelerate the repayment of financing is good business

Truth . If the homeowner has planned a greater than monthly installments payment , and this disbursement more does not interfere in the family budget, accelerate the repayment of the mortgage reduces the payment of interest and reduces the final cost . As a result , relieves future budget . " The bank is obliged to give discounts ," says the professor at PUC - SP , Fabio Gallo .

Property with fewer rooms is cheaper

Myth . The number of the most valued rooms in a property varies according to supply and demand of buyers , as well as strategies of developers .

Homes with three or four bedrooms may have been more valued in a given moment, while one-bedroom apartments can have a square meter with highest value in some areas of a city , due to increased demand and , consequently , greater liquidity resale . The possibility of charging a higher value for the rent can also attract investors to buy smaller apartments .

And also: Exchange rise by up to 26 % disbursement and erode profit on resale

According to finance professor at PUC - SP , Fabio Gallo , it is difficult to know how the housing market will behave in the future . " There are many fads . The output is to calculate the best value at the time of purchase, according to need. "

Reforming before selling the property values always

Truth . However , the valuation depends on reform. That's because , if she has a big impact on the price of the property may restrict liquidity when selling the unit .
" Putting marble or sophisticated taps in the unit may not have value for future buyer ," says the professor at PUC - SP , Fabio Gallo .

Read all about : myths • truths • shopping • home • properties • investment • Price • income


Source : Agencia Brazil

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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