How to Check Real Estate Before Buying: Where to Find the Cadastre Value for Free

The cadastre value of real estate directly determines the price the owner will announce when selling. Additionally, many other factors are based on this parameter:

• property tax,
• rental rate,
• fines,
• other fees and payments.

The cadastre value can be found for free on a specialized website. There, you can obtain detailed information about the house and land – an extract from the EGRN with an official seal from Rosreestr is available at https://rosreestr.net/kadastroviy-pasport-na-zemlu. After this, you will have a document with information about the property owner and all transactions conducted with the house prior to your deal. Buying secondary real estate has many advantages – you don’t have to wait long, just complete the paperwork, transfer the money, and you can move in. However, such large purchases should be made carefully – you need to conduct a preliminary check.

Seller's Information

Information about the real estate owner is very important. To obtain it, you need to fill out a form on the FMS website. This will allow you to verify whether the person actually has these documents and whether their passport is genuine. Specialists recommend checking the health of the property owner – if they unexpectedly become incapacitated, relatives may void the transaction. Use the FSSP service to check real estate against the registry of enforcement proceedings.

Particular attention should be paid in cases where a person acting under a power of attorney signs the purchase agreement. This person also needs to be checked, just like the apartment owner.

Real Estate Information

As mentioned above, an extract from the EGRN is required. It contains a lot of useful information about the real estate and the people registered in the apartment. It is essential to inquire about outstanding debts – some owners like to leave debts for new owners. It is recommended to specify in the contract that the previous owner will be responsible for paying off all debts that arose before the sale of the property.

Apartment Condition

If you purchase an apartment from someone who made unauthorized renovations, you will have to deal with the consequences of the renovation, and in the worst cases – pay fines. We also recommend checking utilities – pipes and wiring. It is difficult to consider all contentious issues – it is better to consult professionals. On the website rosreestr.net, specialists work who will conduct a full inspection of the plot and property and prevent you from becoming a victim of fraud. Consult professionals – they will help you avoid mistakes.