Type of sale - "alternative": what is it, the specifics of the deal and the nuances that should be paid attention to

To say that the real estate market with its terminology is studied along and across, in any case it is impossible: any area of human life can surprise us with some pitfalls and subtleties, which we did not even suspect. Sometimes people who want to make a deal with real estate face an unfamiliar concept: "The type of sale is an alternative." What is it and what to expect from such an announcement?

Definition and mechanism of the transaction

So what is this type of sale - an "alternative"? The definition of this concept lies in the key word of this phrase. Such transactions are bilateral agreements, when one of the participants not only sells their property, but also immediately buys someone else's. Usually, such an agreement is concluded between three owners: conditionally they can be called the top buyer, the middle and the bottom seller.

From these names it is already clear that it is the "average" that plays the main role, transferring the money raised from the upper buyer to the lower seller. To avoid unnecessary risks in such operations, there is always a realtor who makes the procedure as simple as possible for all its participants.

Other names and forms

What does the type of sale "alternative" mean, people have known before. The most primitive form of such a transaction is exchange: the buyer acquires the seller's apartment, and the seller for the money he receives is moved into the buyer's home. Most exchanges occur with surcharge, usually due to the unequal terms of the transaction. As for other terminology, in St. Petersburg - a city known for its special language - alternative sale of an apartment is called a "meeting" or a "counter transaction", so do not be surprised if you get such a combination in the St. Petersburg edition.

Reasons for choosing

But why do some people choose this type of sale (alternative)? What it is, it is necessary first of all to learn those who have decided to sell an apartment in which are registered representatives of socially unprotected layers of the population: disabled people, children and pensioners.

In addition, these transactions are resorted to if the owners of the apartment have no other real estate, and by selling this, they are actually on the street. In order to exclude such a possibility, realtors are also being brought in to ensure that the transaction takes place in compliance with all the formalities of the legislation.

Net sale

What is the type of sale "alternative", we figured out. If you sold and bought the same money - this is an alternative. But there is in the ads and another postscript regarding the status of the apartment: "net sale." It also appears as "free". In order to better understand what it means to sell the apartment free of charge, you can pounce on the definition of the alternative: in the latter version, people moving out of one apartment, immediately enter another.

In the case of free sale, the sellers already have a new place of residence, so that you will not prove to be an enemy of the people who drove the family from their home. That is, if you first bought, and then have already sold the old housing - it is already a pure sale.

Risks of alternative sale

Type of sale "alternative" - what is it? Advantageous party, in which the average kills two birds with one stone, or torment for all parties to the transaction? Sometimes there are situations when the average, having set some price for his home and having already received an advance, starting a search for a new apartment, realizes that he understated the price or that he still does not have enough money for his dream. Then he can easily break the deal, while forcing the innocent buyer to wait.

It is also possible that the upper or lower at some point will abandon the transaction, harming the other two parties. Of course, the presence of realtors significantly reduces the risk of such outcomes, but at the same time they do occur.

Comparison of the alternative and its absence

Choosing what is best - an alternative or a pure sale, it is worth considering all the pros and cons of both options. Firstly, with a free sale, a transaction is much easier from a legal point of view: it can be affected by fewer parties, and fewer participants. Secondly, an enormous number of external and internal factors influence the alternative sale, which also complicates the deal. Obviously, net sales is an ideal option, but at the same time, in some cases, the alternative is the only possible option.

And if they cheat?

Incidentally, it happens that some sellers do not want to admit to the "alternative" deal, rightly believing that they can lose a prospective buyer who can refuse to participate in a rather lengthy procedure for re-registration and housing exchanges. Therefore, always, if you want to buy a new home, specify the status of the apartment. Of course, not the fact that the seller, if the sale is still an alternative, so you immediately admit it, but it's worth trying.

The next step is to visit the apartment. It is unlikely that anyone will live in free housing, so this should alert you. By the way, one of the mandatory conditions for net sale is the complete release of the apartment until the signing of the contract between the parties, so that this is another check.

To get a list of people who are registered in this apartment (namely, if they incorrectly conclude a transaction, sooner or later they can show their rights to square meters), visit the Unified Information and Calculation Center with the seller, where you will receive an appropriate certificate (you can not even try to get there Without the owner - still will not work).

Well, the final step is the length of the time between the verbal agreement on the sale and the immediate conclusion of the transaction: it may take one or two weeks, but not more, to process all the necessary documents; If the seller, for unknown reasons, postpones the signing of securities, it is likely that he is busy with the search for alternative housing.

Finally

So, what is more preferable - a pure sale or type of sale "alternative"? What is it, we have already figured out. It remains to summarize the above and choose the best. Most of the buyers still stop at a non-alternative deal: it is faster in time, less complicated legally, and much less risky. In the case of alternative sales, the chain will be intact only if all its links are interconnected. The refusal of at least one of them to take part in the operation, as well as force majeure, such as the death of one of the owners of the housing being sold, can not only slow down, but completely destroy the entire transaction.

At the same time, sometimes people are forced to get involved in an alternative sale, having no other choice. In this case, you need to be more careful and careful not to save on realtors who, even if they get a certain percentage of the transaction amount, will be able to monitor compliance with all formalities and minimize the risks of unpleasant surprises in the form of unexpectedly unheard-of apartments that may not be sold To share in it. Regardless of which way you choose, you can still purchase your own corner, which may well become your fortress, and this is the most important thing.