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Do you know what the biggest problem is when buying a second-hand home? Not what you see, but what you don't see. Hidden defects are those little time bombs waiting to explode... and guess what: proving it in front of a judge is not that easy. You need to meet certain requirements (and convince the judge) that the problem was invisible, serious, and was already there when you bought it.
Buying bank-owned homes is an attractive option for those looking for affordable real estate opportunities. However, there are several options, and not all of them are suitable for everyone. In this post we show you the 5 most common modalities, for what type of buyer each of them would be and what risks they entail. From the most opportunistic, for qualified investors, to the most common options (where there is hardly any difference with the market price).
Would you gamble your savings in the red at the casino? So, why are you thinking of buying a house without hiring a professional technical inspection? An inspection of the house you are going to buy can save your life (financially speaking). Foreigners have it clear: they never advance money without first having a qualified technician carry out a technical inspection of the property in question. If you are about to buy a house and you want to know if you should hire a home inspection, this post will answer your questions.
The assignment of auctions is a powerful and little known tool in the legal and real estate world. It is a procedural figure that allows the original successful bidder of an auction, usually a creditor, to transfer his rights over the auctioned property to a third party. This third party, called assignee, becomes for all legal purposes the new successful bidder, with the same rights and obligations as the original successful bidder.
When a buyer encounters hidden defects in a purchased good, he has several legal options to claim his rights and seek a solution. The following are the main actions that he can take: the redhibitory action, the "quanti minoris" action and the reorganization. These actions are supported by the regulations in force and offer different solutions depending on the seriousness and nature of the hidden defects.
He bought a second-hand villa house and, after settling in it, discovered a series of problems in the electrical installation and in the solar thermal installation. The proof of hidden defects that are considered serious. Find out how this series of unforeseen events was dealt with.
Let's say you have just moved into a new home. Over time, you begin to notice problems that affect the structure and operation of your home. Some of these problems may be obvious, while others remain hidden until they begin to cause significant inconvenience. Understanding the difference between construction defects and hidden defects is crucial to knowing how to address these problems and protect your investment.
Imagine that you have finally purchased the house of your dreams. Everything seems perfect until, months later, you begin to notice problems that were not visible at first glance: a leak that appears with the rains, the electrical system that fails intermittently or cracks in the walls that suggest structural problems. These problems, known as hidden defects, can turn your dream home into a source of stress and unexpected expenses. Understanding what they are and how to deal with them is crucial to protecting your investment and ensuring the livability of your home.
If you are about to buy a home, we recommend that you hire a Technical Inspection of the property before signing the earnest money. This thorough inspection helps to identify any defects or potential problems that you have not detected during visits to the property. However, if it is too late to perform this inspection and you encounter unexpected problems, there is the option of an expert report, an essential legal and technical tool to deal with this situation.
In the current scenario of high demand for new housing and limited supply, off-plan purchases have become a common option. However, this modality carries significant risks, especially in a context where construction is mainly financed through pre-sales. This article discusses how to protect yourself, focusing on the First Additional Provision of the 2016 Law on Building Management (LOE), which replaced Law57/1968.
Las ventas inmobiliarias con pagos diferidos requieren de una estrategia muy bien elaborada para evitar, o al menos estar preparado, ante posibles eventualidades, especialmente cuando el comprador desea tomar posesión de la vivienda antes de completar el pago total. Este escenario, frecuente en transacciones con compradores extranjeros, plantea riesgos significativos para el vendedor que, en ocasiones, no quiere perder esa oportunidad de venta.
La idea de comprar una parcela a medias con un amigo o socio para construir dos chalets puede parecer atractiva y una oportunidad de ahorrar dinero en la compra del terreno. No obstante, esta estrategia alberga una serie de complicaciones que pueden transformar el sueño de una vivienda ideal en una verdadera pesadilla. En Valido Home, creemos en la importancia de estar bien informados para tomar decisiones inteligentes, por lo que exploraremos por qué esta opción puede ser considerada, si no se articula correctamente desde el principio, una de las peores ideas en el mundo de la inversión inmobiliaria.
