POSSIBLE RED FLAGS YOU SHOULD CHECK OUT AT WHEN EVALUATING A PROPERTY

Do not get distracted by the attractive look of the property and the positive words of a seller, always see for yourself what could cause an issue and whether or not it becomes a dealbreaker

▸ Is the property for sale fully owned by the seller?

▸ Is the property in good condition?

▸ Is there another seller we do not know about?

▸ If the property was renovated, was an authorisation required and obtained?

▸ Is the property for sale properly registered at the cadastre?

▸ Are there humidity, insulation issues?

▸ Are the advertised m2 correct? Are the advertised m2 habitable? Non habitable? Useful m2 as registered on the cadastre?

▸ Was the heating system regularly maintained?

▸ What renovation work should the buyer anticipate and pay for?

▸ What are the monthly charges?

▸ What are the contribution to the renovation fund?

▸ What will be the voting weight of the buyer in the decisions to take?

▸ Does the property for sale carry debts?

▸ Is there a right away or another aspect of the property that is not advertised?

▸ What is the commune’s plan for the neighbourhood?

▸ Is the property rightfully evaluated in terms of layout and room numbers?

▸ Is the 3% vat rebate mentioned by the seller or the agent?

▸ Is the decennial warranty still in place?

▸ Is the property is currently rented?

If you are unsure of anything, call me and I will assist you in assessing the property

📲 +352 621 355 207 or contact@mondeavenir.lu