Do not immediately look for a new contractor, because your current contract remains valid as long as it is not officially dissolved. Contact the curator immediately to see how to proceed. The state of the works and the possible payment of an advance will influence the outcome. Your architect can help you determine how much work has already been done and how much this is worth financially. Various solutions are possible: the termination or dissolution of the contract, the takeover of the contract by another contractor, compensation. A liquidator decides on this. When it comes to the Kaka’ako Condos for Sale then surely the end result would be perfect.
Beware of hidden defects
Unfortunately, moisture problems occur regularly, especially in homes that were built before 1950, because there was usually no water barrier. That of course does not mean that all old homes suffer from this and new ones never, but keep it in mind.
You can recognize rising damp by moisture damage on the underside of the walls, especially interior walls that are not in contact with the outside environment. Some sellers will try to hide moisture problems by painting or plastering over them. Are you not 100% sure? Do you really want to play it safe? Then it is best to call in a specialist before signing.
Buy your home at the right price
Found an interesting property? First of all, check what the correct price is for the house. Snooping around on different properties gives you an idea. Every year there is also a calculation of the average purchase prices per municipality. This way you know immediately whether the suggested price is reasonable.
Discount on registration fees
Did you know that you can get a discount on registration fees on the purchase of a modest home that is, homes with a purchase price of max. You receive an exemption on the first $ 80,000, which means a discount of $ 5,600. More information is available at your notary.
Take out insurance for guaranteed living
The loan is in order and the property is yours. Super but what if you lose your work and you can no longer pay the loan? The governments have a solution for this: the Guaranteed Living Insurance. If you meet certain conditions, you can get a free insurance for 10 years if you become involuntarily unemployed or incapacitated for work.
Are you entitled to premiums?
Don’t be surprised. A house costs you more than the purchase price. View here which costs can still be added.
Consider a variable interest rate
When you start discussing loans, the variable and fixed interest rate issue is addressed. A variable interest rate is in fact a calculated risk because the interest rate will immediately affect your loan, if you rise and fall. With a fixed interest rate, there is no such risk, but you also pay the same higher interest rate during periods with a low interest rate. See if you can handle the highest interest rate with a variable interest rate. The maximum increase is, after all, laid down by law. Have both options calculated in advance.