Much is said about the high prices in the leases in Colombia , and today rent apartments or houses is more common than anything else. Ten years ago, many buyers were concerned with saving up to buy their homes, but the huge debts that this practice left the settlers made them think and practically forced to make the decision to rent houses or small apartments to live with their families . Because of all this, the rental market in Colombia grew greatly as demand was pretty and many benefits for both lessees for property owners.
If you are still undecided whether to buy or rent an apartment, then we bring to you the best tips that you can implement and ultimately help you make the best decision. We know that a good financial decision is vital for everyday life and if you have a good handle on your income that will lead to ruin, if they became higher than your income your expenses. We know that Colombia is a country of buyers, but we should also be informed on the subject of leases.
We mention a few key you needed to know about the leases in Colombia that we hope will serve as a great help. We want to clarify that this is partial information, the important thing is that you take into account the situation as leases in Colombia is further if you are one of the new tenant at a site need to know what is going on around them and see what your best options.
So the first thing you should do is figure out all the costs of buying a property, whether property transfer taxes, notary, the fees that they will charge banks for opening new negotiations. All these expenses write them before deciding to buy a property or rent, but it is an investment, but it has its risks. Also find out what the costs will have that property in the future will be. In addition you can go to the bank and ask for the box amortization of property, namely that throughout the life of the loan, if you decide to buy, but if you ask the amortization table you will regard will pay counts only interest.
Once you've done all that, you have to do is add all those numbers and evaluate what suits you. But because of the high interest rates on banks for a mortgage loan it is that many families choose to rent better and that is the reason because the leases in Colombia are so popular today, especially young people and couples without children.Using the sum of all that you are charging the bank will realize that a home that costs $ 300,000 million pesos leaves you almost double. The most important step of all is that you calculate what you earn, the net amount, taking all your expenses, let's put you win $ 3 million pesos that will take away social insurance, taxes, fuel, food, hours of travel, coffee and if public transport you subtract that, as you will realize that $ 3 million if you moderate your finances do not reach.
Another thing you can do is you can divide everything will cost housing so desire time and the result is frightening, because you realize you have to work 72.827 hours to pay a $ 300 million gain $ 3 million per month . It is important to have all this information and you do each of the assessments, so in the end you can decide most dramatically since the evidence in hand. If you decide to purchase and tomorrow and decide to rent, remember that home you have to give in return more than 4% of the initial investment, that's quite like really these are personal divisions you have to do to get to best deal possible.
The advantage of renting is that all this is done through contracts, whether they are permanent or deadlines, but the good thing is that you avoid and save a lot of money by avoiding all mortgage expenses, expenditures on housing, tax etc. and you know that if you decide to relocate to a better or cheaper'll have no problem picking up your things and move out. But many people do not want to live like nomads, always dream of being someday own their own homes and that's fine. What we mentioned above the problems of the banks impose interest for a mortgage is what leads many families to lose their homes and take the best choice to rent.
It is said that 75% percent of Latin American citizens are not owners but rather are tenants and especially in Bogota Colombia , all this goes to show that more and more people are losing their properties or are emigrating abroad best decide to lease or sell their property. There are many debates on this issue of whether to buy or rent homes in Colombia, but the truth is that the rate of leases in the past 10 years has been rising due to high demand there. Local governments all people who do not have their own homes and have implemented housing projects matrices so that at least those that are poor to pay for home care, that's good, but just stand to lose.
Leases in Colombia is the boom, because there are thousands of people every day to take to the streets to seek independence, to want to put their offices and provide a service to their customers. That is another issue that many tenants looking to rent apartments or houses and at the same time be your workplace and why not? That's a great strategy. Many believe that renting has been the best thing that happened to them, because it helps them to save more money in the future to buy their homes without having to rely on a bank loan to do it and that's perfect.
Article Source: Gente & Casas
Purchasing a house is a standout amongst the most imperative and clamorous choices in a grown-up's life. There's such a great amount to consider when purchasing a house, numerous individuals don't even know where to start! In case you're one of these individuals, then look no further. This article will furnish you with the learning you have to purchase your home.
The area past the property lines has an immense effect on real estate choices. Since purchasers are considering a house as well as a potential home, the state of adjacent properties and the administrations accessible in close closeness element into the general request of any property. While a vender has little control over these elements, he or she must perceive their impact.
When you consider purchasing another home you ought to dependably have a home assessment done. Along these lines you know early if there are any issues with the home so you don't wind up purchasing something that will wind up costing you huge amounts of cash to get repaired and to code.
TIP! When you are taking a gander at purchasing a home turn upward the area for sex guilty parties. The police are accountable for keeping that rundown upgraded.
At the point when purchasing a home, get preapproved. Try not to feel that being prequalified means the same as preapproved. In the event that you have been preapproved, it implies that a moneylender has investigated your financial record and budgetary data and is arranged to offer you a credit. They will tell you precisely what you can bear to purchase and the amount they are arranged to advance you. Prequalified, essentially implies that you are qualified to experience the preapproval procedure.
On the off chance that a real estate buy is unrealistic, then it most likely is only that. Numerous dealers need to empty a dreary bit of property and will do as such by any methods important. In the event that the expense is greatly low or the dealer is fast to bounce on any arrangement you offer, there is something there that needs your consideration.
At the point when presenting an offer to buy a home dependably incorporate a home review provision. This proviso will permit you to have a qualified examiner look at the home and gives you the alternative of vacating the offer if broad issues are found. Employing a qualified overseer is critical, and can spare you thousands.
TIP! When you are arranging the cost of real estate, it is best to have a moderate methodology. A great many people are excessively forceful in going for the absolute best arrangement.
When you are in the business sector to purchase a home, don't make a go at taking a gander at the houses that are on the highest point of your value go first. It is ideal to take a gander at one in the lower end of your value range. The explanation behind this is that in the event that you see the more lavish one first and foremost, you will dependably come close alternate houses to it.
When you are looking for another home, figure out what components are non-debatable to you and impart this to your real estate specialists. By doing this you can abstain from taking a gander at houses that you have no goal of purchasing, on the grounds that they don't have the elements you need or need.
Since you've read this article, ideally you realize that purchasing a house isn't as frightening as you thought. While there is a ton to consider, in the event that you run in with a reasonable head and recollect what you've read here, you ought to turn out with another home you can be glad for.
Article Source: https://www.genteycasas.com