It is also possible for Short Sale House Buyers to include in the facilitation the costs of the preliminary investigation and of the banking appraisal, the taxes paid on the mortgage and the cost of the notarial deed stipulated for the same mortgage (excluding the cost of the deed of sale), up to a maximum of 4,000 dollars.
The beneficiary is the purchaser of the property, and must also be the holder of the loan agreement. you also remind you that the proportional registration tax cannot however have an amount below $ 1,000. Transfers subject to this tax are exempt from stamp duty, special taxes and mortgage fees. With regard to sales subject to VAT, in addition to registration tax, the stamp duty of 230 dollars (considering the notarial deed) and the mortgage fee of 90 dollars (of which 55 for the transfer).
Applying for a mortgage to buy land and build a house requires special practice and careful costing. In fact, whoever intends to undertake this project must not only consider the cost of the land, but also all the costs deriving from the construction of the building. To understand what are the financing solutions for Short Sale House Buyers offered by the market, the aspects to be evaluated and the procedure to be followed, you requested the advice of the experts on a accredited online price comparator.
Mortgage purchase land and home construction: what to evaluate? As you said, buying land to build your own home is a very ambitious and challenging project. In fact, in addition to the careful evaluation of the costs deriving from the purchase of the land and the construction of the building, many other aspects must be considered. In the case of the land, it must be verified that it is buildable, or is equipped with all the necessary urbanization works, that is: it is connected to a public road and to public supply and disposal networks (drinking water, electricity, waste water, etc.).
All this information will be reported in the Master Plan which will also indicate all the information on the type and volume of buildings achievable in that specific air. Once verified that the land has all the necessary requirements for the construction, it will be possible to proceed to the evaluation of the costs. In this case, in addition to the value of the land, it will be necessary to consider the tax charges applied to all real estate purchases. The financial solutions for these particular needs provide different costs and conditions depending on the bank chosen.
