Buying an older apartment via Remax and Banco Popular loan. Would like some tips, here's what happened so far:
Apartment building 20 apartments near Jardin Botanico. Nice little apartment. The owner has people renting it.
Saw the apartment and met the renters (cubans) who seem decent and told/showed us everything wrong, good, etc about the place. They have 7 years renting and will be moving out in 6 months. A signed and stamped letter from the company who manages the building says the apartment is uptodate with maintenance.
Copies of the title, ipi and another document were sent to me and seem to be inorder (i guess the bank will determine that?).
Any tips on what im missing to do or research with respect to the bank or remax or the apartment?
Do i need a lawyer... I am hoping not, since its remax and banco popular (where i am paying legal fees for the deal) I should be secure with respect to papers etc?!
Remax guy mentioned he can do a contract for less value so I pay a lesser amount of something..
The IPI has the value of the apartment less than have of what i am buy it for.
I have to get a banco popular assessment of value of the apartment.
Well thanks ahead of time.
Apartment building 20 apartments near Jardin Botanico. Nice little apartment. The owner has people renting it.
Saw the apartment and met the renters (cubans) who seem decent and told/showed us everything wrong, good, etc about the place. They have 7 years renting and will be moving out in 6 months. A signed and stamped letter from the company who manages the building says the apartment is uptodate with maintenance.
Copies of the title, ipi and another document were sent to me and seem to be inorder (i guess the bank will determine that?).
Any tips on what im missing to do or research with respect to the bank or remax or the apartment?
Do i need a lawyer... I am hoping not, since its remax and banco popular (where i am paying legal fees for the deal) I should be secure with respect to papers etc?!
Remax guy mentioned he can do a contract for less value so I pay a lesser amount of something..
The IPI has the value of the apartment less than have of what i am buy it for.
I have to get a banco popular assessment of value of the apartment.
Well thanks ahead of time.