5 reasons not to wait for the end of the crisis to buy an apartment

Do not hope for "better times" if you want your own home. In a crisis, the most advantageous offers and convenient formats appear.

1. Mortgages for new buildings fell in price

Dream about your home, but estimate how much money the bank will have to overpay, and lose all enthusiasm. If this story is about you, then your moment has come. This year there are Mikhail Mishustin approved a preferential mortgage program at 6.5% record low mortgage rates - 6.5% for apartments in new buildings. For comparison: last June, the average mortgage rate was The volume of mortgage loans issued in six months fell for the first time since the crisis approximately 10.3%.

The government has recently cut the percentage to stimulate the construction sector during the crisis. The discount will be valid until November 1 this year: in order to take advantage of the low rate, it is better not to delay the search for a dream apartment.

2. Price dynamics are difficult to predict

Experts give different assessments of the real estate market. However, the main opinion is that there are no prerequisites for reducing apartment prices. Building materials have risen in price: the cost of some has increased Developers note a rise in prices for building materials up to 25% amid a pandemic by 25%. Imports are particularly expensive because of currency fluctuations. Moreover, new restrictions and sanitation measures are another additional financial burden on companies. It will also be included in the cost per square meter.

Besides, a good object on the market is always a good object. Do not expect that a cozy apartment in a new building somewhere near the park will suddenly fall in price. The chances of this are very few. In general, in such a responsible matter as buying an apartment, it is better to rely not on forecasts, but on real facts. For example, a decrease in mortgage rates that has already occurred.

3. Prices in apartments under construction are still lower

Buying an apartment in a building under construction is an opportunity to pay significantly less. And so far no crisis has succeeded in changing this state of affairs. Yes, you won't be able to drop in right away: at the time of purchase, your house may exist in the form of a drawing. But the longer the wait, the more impressive the discount. For example, at the excavation stage, you can Small tricks of big savings: how to buy an apartment for half the price even in the current conditions, save up to 20-25% of the cost of an apartment.

In this case, you will make a good investment regardless of the future state of the market. Even if the real estate industry shrinks, you will remain in the black by selling the completed apartment. And if the market stabilizes and grows - in a big plus. The main thing here is to choose a reliable developer who will bring the construction to the end.

4. Developers introduce new promotions

In a crisis, people paint a rather bleak picture of the future and are afraid to take on financial obligations. To arouse the interest of buyers in this sad period, developers are pulling all possible aces out of their sleeves. That is, various lucrative offers and promotions, the action of which is limited by the period of the crisis.

There are many types of shares: for example, there are discounts for healthcare workers - up to 10% for apartments and apartments; opportunity get cashback from the cost of the apartment for each day spent in self-isolation. Some developers offer pay rentthat you rent until the new house is ready - from the moment you sign the contract until you get the keys.

5. The apartment can be bought online

The pandemic forced us to learn how to manage all our affairs without having to see each other in person. Many procedures have become simpler and digital, including buying an apartment. If you don't want to go to offices and houses and meet with realtors, you can still become the owner of your own real estate.

Developers provide an opportunity to view the apartments on the website: a detailed project, a 3D tour, photos and videos. Find out all the details and ask questions - on the phone. You can sign an agreement for the purchase of an apartment using an electronic signature, and you can apply for a mortgage online. Do all the bureaucratic procedures even while lying on the couch or sunbathing on the balcony. When the transaction is completed, the registered documents will be sent to your mail from Rosreestr.