What are we missing out on when buying a home?

September 22, 2022

Are you planning to buy your dream apartment and become a first-time property owner?

It's an exciting time in everyone's life, but sometimes emotions take over during this important life event. Lack of sufficient awareness can lead to unwanted problems. In the process of looking for a home, people often give in to external pressure or their own emotions, which invariably leads to overlooking a number of disadvantages. It is important to know the right steps to take to make this large financial investment..

What are we missing out on when buying a home?

In Bulgaria, we often put more time and effort into buying a used car, for which we do extensive research and consult with relatives, and friends. But why do we forget to consult specialists such as architects and engineers to advise us if this property meets our requirements and if there is something important that we fail to notice when buying a home?

We offer you several important aspects to pay attention to if you are about to buy a home

  • 1. Consultation with an engineer, architect

Some home buyers believe they can successfully find an apartment all by themselves by doing online research. While this is a good idea to familiarize yourself with the market environment initially, consulting with a professional will make your search much more successful. The work of specialists in the construction field - architects and engineers are closely related to the process of designing, building, and functioning of a building. They can be used as a valuable resource in your property search.

A thorough inspection and an unbiased appraisal of the property's physical condition will help prevent a serious financial mistake. Consulting an architect/engineer would give a much better idea of whether the home meets the client's needs. The advice provided will point to a whole range of aspects to pay attention to, such as building system types, property orientation, optimal distribution, and more.

  • 2. Preliminary contract and builder survey

Before purchasing a property, it is good to research the contracting authority, the builder and the designer. The investor creates a task with his budget and business goals, the applicant executes it, and the client executes it. Therefore, the study of the three sides related to the building will give clarity and certainty. Research the company in the commercial register and contact people who have bought a property from this exact investor.

Once we have made our informed choice for real estate, the next step is to sign a preliminary contract. But why is a preliminary contract concluded when buying and selling a property?

A preliminary contract is defined as a contract of a preparatory nature. It is a type of insurance so that none of the parties will be harmed, which gives the necessary certainty in the relationship between the seller and the buyer, before concluding a final contract. It is common practice at the time of closing, for the buyer to pay the seller an amount of at least 10% of the transaction value, and the seller must provide a certificate of the absence of encumbrances on the property, namely - mortgages, foreclosures, registered claims, established right of usage, etc.

Therefore, it is recommended to use the services of a lawyer - a real estate specialist who will explain the mandatory conditions necessary for signing a preliminary contract, as well as its consequences. This ensures peace of mind and confidence at every stage of the complex property-buying process.

  • 3. 3. How will the location develop in the future?

The location has a direct impact on the way and the quality of life, therefore the area is of extreme importance. When choosing a location, one should take into account the neighborhood, the presence of green spaces, infrastructure, public transport, schools and kindergartens, shops, places of public service, and all factors that are a priority for the buyer.

Despite a thorough study of the existing conditions, it is advisable to think in perspective. It is good to check where infrastructure changes are planned. Future construction around the building and planning for a nearby metro station or another form of transport are other key components.

In this way, situations of disappointment will be avoided, and the acquisition of a new home will be a reasonable and perspective decision.

  • 4. What are the building materials used?

Each new building looks good against the background of the old one. Unfortunately, not every new building keeps its appearance for long. Many new buildings are built with non-perishable materials, which leads to a number of problems and unforeseen consequences. To stand the test of time, a building must be designed against a number of economic, aesthetic, and environmental factors. The investment in quality and sustainable materials provides a prerequisite for long-term operation and easy maintenance.

All construction systems in the building must be distinguished by quality and durability - from the construction of the structure, the laying of waterproofing, the construction of partition walls, and the implementation of technical installations and roof systems, to the energy output.

All systems are laid down in the construction project and the builder implements them. Of great importance is the choice and implementation of the facade system, which is measured by the heat transfer coefficient, which evaluates the energy losses in the building. If we want to avoid the appearance of "thermal bridges", it is extremely important that every element of the building envelope is filled with correct detail.

Therefore, it is good to demand documentation and observations of the construction materials and systems used, regardless of whether it is "green" or in the already completed form.

  • 5. How was the problem with thermal bridges in the building solved?

As it became clear, a particularly important place is played by thermal insulation in the design of new buildings, which must be prepared for long-term and efficient functioning. Thermal bridges on balconies and loggias are the most common cause of increased heat loss and impaired living comfort in buildings.

They also lead to the appearance of mold and mildew on the ceiling, as well as impaired plaster integrity. This problem is not taken into account at all in many of the new buildings.

The standard method such as "dressing" the balcony with thermal insulation is ineffective and does not eliminate the appearance of a thermal bridge. However, there is a revolutionary method of thermal insulation, which is applied in the architectural-constructive solution of the building. This is the Schöck Isokorb system, which provides both comfort and aesthetics.

Unlike standard methods, Isokorb is installed at the border between the indoor room and the balcony of the building. In this way, the condensation point is moved outside the structure. This completely prevents heat loss and the appearance of mold on the premises..

With this product, absolute freedom is achieved in the design of the facade and balconies, avoiding the need to change the flooring of the premises and/or the presence of a threshold between them. This provides an accessible environment as well.

Therefore, among your list of questions to the builder, be sure to include "How was the problem of thermal bridges in the building solved?"

See more about the thermal bridge and its consequences HERE.

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