Having a home of your own is a wish for several families.
Several housing plans have been promoted in recent years in Ecuador and with this the dream of some families to have their own home. Getting there can be difficult if you don’t plan.
As a first point to take into account, you should look for the type of home and the sector where you would like to live. The price will depend on this, as well as if it is new or the years of antiquity that it registers. You must also define the maximum amount you are willing to pay, as well as the type of financing you will seek, either in cash or through a mortgage loan.
Documents needed to sell a house in Ecuador
According to the Properati portal, one of the first aspects that must be taken into account is the payment of the reservation. Several housing plans have a specific value both in reserve and in advance; This may vary according to the economic conditions of the client, to reduce the balance that will have to pay for the house at the time of delivery.
These values are included in the total price of the house.
How can I sell a property that is mortgaged?
After this, you must sign the promise of sale and, once you have made the full payment of the property, the contract of sale; Therefore, the seller or real estate agent will give you the municipal appraisal certificate, an updated certificate from the Property Registry.
Both the buyer and the seller sign in the presence of the official and the transfer of ownership is registered in the Property Registry. (I)
Paul is a talented author and journalist with a passion for entertainment and general news. He currently works as a writer at the 247 News Agency, where he has established herself as a respected voice in the industry.
