Compass Real Estate > Cambodia Investment Guides > What should we pay attention to second-hand housing transactions? Is the risky to buy second hand housing?

What should we pay attention to second-hand housing transactions? Is the risky to buy second hand housing?

613
2019-10-19
Summary:What should we pay attention to second-hand housing transactions? Is the risky to buy second hand housing?

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1. the settlement of second-hand housing furniture
When buyer want to buy a second hand housing, some buyers saw the nice home appliances, decoration, furniture and so on, so they decide to signed the contract immediately. When they move in, they found that the furniture and other gadgets were gone.  It is necessary to contract with the original owner to stipulate the ownership of home appliances.
2. low-cost housing may buy a haunted house
Some home buyers searched for information on second-hand houses through the website and found some good-quality, low-priced, high-quality listings. They were anxious to buy a house and ignored the inspection of the house background. In order to sell the property as soon as possible, some original owners or intermediaries will also conceal the history of the house and the problems that may arise in the future. For example, there was a violent incident in the house. What is more serious is that the second-hand house bought is a haunted house.
3. The landlord did not mention the joint owner. The owner has the right of first refusal. In some second-hand housing transactions, the house clearly has multiple owners. However, the landlord does not mention the joint owner. The buyer does not find the problem until the contract is signed. The joint owner claimed that the contract was invalid on the grounds that the contract signatory did not obtain its commission.

4. deposit fee become invaild
Everyone needs to know that the deposit has legal effect. Some sellers or intermediaries will charge the buyer a certain fee in the name of the deposit. When the buyer wants to give up the purchase for some reason, the seller or the intermediary will say that the buyer has paid, it cannot be return. That makes buyers to face a dilemma.
5. Concealing the quality of the house
If there is a problem with the quality of the house, it will seriously affect the use of the house. Some sellers will decorate the house before selling it. The buyers should pay attention to it. It is very likely that the renovation will be to cover up the quality problems of the house. When second-hand housing transactions, some landlords or intermediaries will conceal some defects in the house and try to sell better prices. For the buyers, some defects are difficult to find immediately, or because they are not observed carefully.

6. Household register issue

The household registration is managed by the public security department, and the housing property rights are managed by the Housing Management Bureau. In particular, you should deal with the household register issue carefully.

7.Utility bill
Some properties have unpaid property management service costs and uility bill left.Therefore, the buyer must keep the deposit when they signing the contract, otherwise it will be difficult to check the cost when the house is purchased.
As for the questions mentioned in the above, you may prepare solution in advance.


Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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