[Nord24] Every four purchases ends in quarreling and conflict.
Cause: Today sold Norwegian housing without requirements for documentation or information on property technical condition.
It creates thousands of property disputes in this country – every year.
– A social problem
– It is a social problem. The worst thing I see is young people who have leveraged themselves to the chimney to buy your dream home, whether it will come up. They run the risk of having to fork out hundreds of thousands of improvements that can not wait, says Technical Manager Rune Karlsen Nito Surveyors.
Nord24 wrote last week about a family with children who go to court against Tromsø investor Ernst Myrbakk. They believe the deficiencies in the house they bought him is so great that he must pay 700,000 kroner for improvements.
The case is just one of the many similar residential disputes that go to Nord-Troms District Court in the fall.
New and mandatory
But as of New Years are the requirements for housing sales sharpened considerably.
When introducing Property Norway mandatory home sales report for all homes to be sold. It also implies a much more thorough examination of the home than has been the case previously.
– It is only positively, and will make the housing market in Norway is much safer, both for the buyer and seller. Our research shows that as long as a fault or deficiency is lit before the sale, so it will rarely affect the final price for the property, says Karlsen.
Drawings and testimonials
But for many, a thorough examination of the home lead to hidden bombs are uncovered. Baked in home sales report is also a review of all documentation on the property and any changes or additions that have been made.
– Surveyors engineer will always ask the customer to obtain approved drawings and testimonials on the work done. There will also be checked if all changes are applied to the municipality, and whether it is accepted or not, says Technical Manager Karlsen Nito Surveyors.
Typical things that can be reacted is not approved rental parts, additions and bedroom.
illegality
Karlsen explains that although there is a previous owner who has made the changes, it is the new owner who risk being left with the responsibility – especially if it’s been over five years since the new owners took over the property.
– There is a much greater chance that abuses will be discovered in the New Year than what it is right now, Karlsen says, before adding:
– This is about facilitating a healthy living trading, in that buyers get adequate information about the property in advance of the trade, while sellers to be confident that they are not getting a dull inquiry on a complaint afterwards.
More expensive to sell
The new requirements for housing trades will also make it more expensive to sell the property.
where a common tariff costs six ssju thousand dollars, a home sales report could cost three times more.
– Based on what the plan is that one should do in such a job, so the price will move up to 15 to 20,000 dollars, says Geir Kilmark, CEO in Troms Charge, which is one of the largest dealers agencies in Northern Norway.
The reason is that the valuer will need many more hours to write the new report.
– We need to go more physical study that will uncover errors and omissions. While the present value valuation takes four to five hours to make, we look for the New Year at least a doubling of the workload. I imagine that it will take around 15-20 hours of such work in a detached and somewhat fewer in smaller homes, says Kilmark.
Inn in walls and floors
In case of suspected moisture damage, the valuer drilling into walls and floors to reveal any rot and fungus .
– We will go through municipal records to determine if the application is required work is approved. The valuer should also put a condition on property level content, in addition to that we will figure out what possible mistakes will cost to repair. There is a much bigger job to appraise a home than what it has been, says Kilmark.
The experienced valuer, who has also been an expert witness in numerous court cases over the years, believes it is high time that more stringent requirements for information and documentation on housing sales.
– I hope and believe that this will bring down the level of conflict in the Norwegian housing market. Housing is the the largest investment one makes in life. Actually, it is surprising that it has been possible to spend so much money on an item they know so little about the condition, says Kilmark.
More expensive in rural areas
However, he adds that the new regulations will include a small wormwood for individual house sellers.
– Housing sales report is best suited to areas with high turnover of housing and high prices. In areas with lower sales and price levels will the percent cost of the new scheme to curb demand further, says Kilmark ..
– Thus those who may need a home sales report most, fall outside the system because of the cost. (ANB) ‘
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