7 Tips - How to Find an Apartment - Dorit Shanan
Written by Dorit Shanan
What to Check When Searching for an Apartment to Buy or Rent
There are numerous considerations when we searching an apartment to buy or rent; therefore, a deep understanding of our needs will help you to find the right apartment.
Purchasing an apartment for investment purposes is different than buying an apartment you intend to live in. The process of buying an apartment you wish to live in, which is what I will focus on in this article, involves personal questions, dealing more with needs.
1. The reasons -
The answer to this, will guide you in the right direction, thereby preventing you from chasing after the wrong apartments and thus avoiding bitter disappointment.
1. The need to move to a different area.
2. The need for more space
3. The need for an elevator / parking / others
4. Uncomfortable surroundings, noise, annoying neighbors, and other disturbances
5. Upgrade in standard of living
2. Budget -
Make a detailed list of resources that you have at your disposal:
· Loans
· Payment of an existing mortgage / Taking an additional mortgage
· Future expected income - gifts, an inheritance, bonuses, a raise in salary
· Take into consideration an additional 10% in costs to cover various bank commissions, lawyer fees, real estate agent commissions, taxes (such as purchasing tax), plus other unexpected expenses
3. Territory -
Focus on the regions worth considering in your opinion. Make a list of at least three options and rank them in order of preference. List the criteria for choosing each option.
4. Space -
Increasing one's living space is one of the most widespread reasons for moving.
Define the minimum size you are looking for in an apartment - how many bedrooms you need. The home office should be defined separately - this can always be located in different spaces. In older houses built in the Bauhaus Tel Aviv style for example, there is usually space that is not reflected in the number of rooms, or the rooms themselves are particularly large and thus can be rearranged. As an alternative, set the minimum net area you need, rather than the number of rooms.
One of the important considerations in the architectural designs of an apartment is clarifying in just which spaces you live today.
5.
Good Luck!
Written by Dorit Shanan
dorit@tovado.com
TOVADO.Com
972+3+5277712
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