What problems can you face when buying an apartment on your own, without an agent?
You might end up choosing a poor developer who cuts corners on materials, affecting the overall quality of construction.
One common issue with poor finishing is mold appearing in common areas and later spreading into the apartments. Getting rid of mold is challenging, and you’ll likely need to renovate the entire apartment, which can be costly. A more serious concern is structural problems, such as cracks in the building, leading to major repairs for both the building and all common areas.
You may not know which property management company will handle your building. A bad management company can lead to poor maintenance, ongoing issues in the building, and, as a result, a decrease in apartment prices rather than an increase.
There could also be unjustifiably high utility bills (we’ve seen cases where people paid $600 for a one-bedroom apartment, while the usual payment is around $200).
You might make the wrong choice regarding the location and end up purchasing an apartment in the middle of nowhere, even though the developer promised proximity to amenities. This can happen if you buy an apartment in a standalone building rather than within a community. Another issue could be ongoing construction nearby, causing dust and noise.
Want to avoid these problems?
Contact us, and we’ll help you find a great apartment!
