Are you planning to invest in Queens Apartments? A decision that must be keeping you on your toes for sure! But do not let the enthusiasm overpower you. There have been some common mistakes people have made in the past while buying Queens Apartments. Make sure you do not repeat the same.
Trusting the Brokers Completely
Brokers will surely simplify your job, may be bring it down to half as huge as it is, but how trustworthy are they? If he has an understanding with the owner, he can charge you double the cost of the apartment. If you are interested in buying Queens Apartments through a broker, spend time to find a good broker first.
Do not Measure
While investing in the apartments, it is pretty obvious that we will ask about the square feet. Do not blindly trust what they tell you. If time permits, measure it yourself. Have a clear understanding of the built up area, the common area etc. Know if there are other charges like that for parking and other common amenities that have to be borne by you and if so what the charges are going to be. Do not make any assumptions and get every detail confirmed through your talks.
Looking for Queens Apartments online is a completely different ball game compared to buying it online. It is fine to consider going online when you are still trying to make up your mind. You may be able to see pictures of the apartments too. But do not simply go by these and complete all formalities. Take time to visit the site and see if the property looks the same in reality and whether all claims are met. You can be deceived if you do not see the apartments before buying.
Trust all Documents to be Present
Ensure that the owner is able to produce all documents related to the apartments. You could even get them verified through a lawyer just to be sure you do not get entangled in a dispute later. I have seen many who pay hefty sums as advance for the apartments even before confirming if all documents are in place. This is only an invitation for trouble and may take you years to waddle out of it.
Ignore the use of Proofs
There must be a proof for every transaction made by you with the owner. Going by the word of mouth can get you into trouble at a later point. Draw an agreement if there are any terms and conditions that you and the owner have decided on. This will serve as a reference point at a later stage too. If you are gullible enough to trust them without any proof for the agreement made, you are at a risk of losing the money invested in the Queens apartments, so never give room to such a situation.