Choosing a new home can be a daunting process. But don’t be put off! Our sales manager will be happy to answer any questions you have and to explain the different stages of the home-buying journey.
Choosing a new home can be a daunting process. But don’t be put off! Our sales manager will be happy to answer any questions you have and to explain the different stages of the home-buying journey.
Once you’ve found the right home for you, we’ll sign a simple written reservation agreement with you which is valid for one calendar month. You’ll have to pay the reservation fee of €5000, which forms part of the final sales price. We’ll then mark your new home as reserved on our website, so you can be sure that it won’t be offered to any other buyers.
During the month that the reservation agreement is in force, we’ll meet you at a notary’s office to enter into a sales contract with a deposit of 15% of the final price of the home (which includes the reservation fee of €5000). This contract will fix the price of your new home and the deadlines you’ll need to meet. The time of the transaction at the notary’s office will be arranged by our sales manager.
When the building is ready, we’ll invite you to join us for an inspection. We’ll review what’s been done, explain the technical solutions of your new home, show you around the building, answer any questions you have and make a note of the water and electricity readings in the inspection report.
ENTERING INTO A REAL RIGHTS CONTRACT
Once you’ve signed off on the inspection report, we’ll meet with you again at the notary’s office to enter into a real rights contract confirming you as the owner. At this point you’ll have to pay the remaining 85% of the cost of your new home. If you’re financing the purchase with a bank loan, a representative of the bank will need to be involved in the transaction as well.
Once the real rights contract has been signed, we’ll celebrate with you by presenting you with the keys to your new home and a special gift from us.
LHV Partner Relations Manager
The financial service provider is AS LHV PANK. Review the terms and conditions online at lhv.ee and ask our expert for advice.
Our sales managers will be happy to answer any questions you have.