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Inspection of land and real estate before purchase – how to check and how much does it cost?
Buying real estate or land is one of the biggest investments most people make in their lifetime. If you want to be sure that you get what you pay for, and that you will not face unpleasant surprises in the future, then it is worth checking what you plan to buy. Therefore, before buying, it is necessary to conduct a detailed inspection of the real estate or land plot. The price of a land plot and real estate inspection before purchase depends on many factors.
Specialists of "PRIKHODKO & PARTNERS" have developed for our clients several "packages" of verification of real estate/land/past owners of real estate, depending on your wishes in the level of verification.
Why inspection of real estate or land is important:
- Determination of the owner and property rights
The inspection allows you to establish whether the owner of the real estate or land plot is the person selling it. It will also help determine whether the property or land has any legal or physical restrictions, such as liens, prohibitions on sale, or restrictions on use.
- Inspection of the technical condition of the real estate
The inspection allows you to assess the technical condition of the buildings on the land and identify potential problems, such as structural defects, wear and tear of materials, or problems with drainage or electricity. This will help you decide whether to buy a property or plot of land, or what repairs will need to be done after the purchase.
- Determination of the state of the earth
The inspection allows you to determine the condition of the land on which the real estate is located, such as its physical condition, the presence of pollution and the ability to use the land for the needs of the buyer. You can also check whether the plot of land meets all the necessary permits and land use regulations.
- Identification of possible legal problems
The inspection allows you to identify possible legal problems related to real estate or land, for example, rights of common use or lawsuits. This will help to avoid unpleasant surprises after the purchase.
- Determination of market value
A quality inspection allows you to establish the market value of the property or plot of land, which will help you make an appropriate decision about the price you are willing to pay. This will also help you to ensure that you are not paying too much for the property or land.
Therefore, it is very important to inspect the property or land before buying. It helps you make a smart choice and avoid unpleasant surprises in the future. If you are not sure how to conduct an inspection, contact the law firm "PRIKHODKO & PARTNERS", we as professionals will help you in this process. May your purchase be successful!
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