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Valeriusstraat 70hs Sold
in Amsterdam
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Details
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Freehold / leasehold ground: Freehold
Rooms: 7 rooms, half open kitchen, storage.
Technical details: Modern electicity installation.
Central heating system with VR kettle from 2003
Condition / maintenance: Good. The roof has been renewed in 2002. In a short period of time the paintwork needs to be checked.
Service costs: Nil. The builinginsurance costs will be settled between the two owners of the building.
Special details / association of owners:
Outside space: Garden North West.
Tea for Two balcony South East
Balcony North West
Movables: By mutual agreement. The kitchen appliances are included in the buying price.
Transfer date: By mutual agreement
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Floorplan souterrain
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Opgegeven maten en indeling zijn indicatief
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Floorplan ground floor
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Opgegeven maten en indeling zijn indicatief
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Floorplan 1st floor
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Opgegeven maten en indeling zijn indicatief
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Location
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Around the corner from the Cornelis Schuytstraat, this house is well situated in a quiet neighborhood within walking distance to the Vondelpark, Museumplein, and Concert Hall. There are many nice shops and restaurants close by and the apartment is in a great location if you are looking for a space in a good junior school.
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Contact information
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Finances
In addition to the purchase of your home, Finsens can also arrange your mortgage. We are your key contact point for all matters concerning your financial affairs. The net costs of the mortgage are just one aspect of this. Finsens has the in-house expertise to answer all your questions regarding, for example, industrial disability, investments and consequences of death. When you have made your choice for the best offer, we will look after the full processing of the loan. This helps to save you time and effort until you receive the key of your new home on the day ownership is transferred.
Notary and 3 day cooling-off period
The contract will be drawn up according to the model of the Koninklijke Notariële Beroepsorganisatie, Ring Amsterdam, by a local notary. It is in both parties’ best interests to ensure that this contact is signed within 5 days after sale is agreed.
The three day cooling-off period starts the day after the buyer received a copy of the signed contract.
Additional information
In every property deal there can be special conditions attached. They are stated in the proof of ownership. The proof of ownership and other relevant documents are available for inspection at Finsens Makelaardij. In many instances, copies can be made for you, or you can be sent details by e-mail. You can also get further information via your own estate agent.
Conditions
Although every effort is made to ensure that all information contained in this overview is accurate, it should be assumed that this information is indicative only. The purchaser has an obligation to research all facts which are of relevance to him/her, he/she cannot state that they were unaware of facts which he could have discovered himself, or which were part of the public registers. Finsens makelaardij can inform you of the authorities concerned.
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10 most asked questions
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10 most frequently asked questions
Your 10 questions about viewings, negotiations, home purchase contracts and more. "Will I be the buyer if I offer the asking price?" and "When is the purchase completed?" are questions that cause many misunderstandings. That’s why we want to answer these and other questions for you.
1. When am I in negotiation?
You cannot force the start of negotiations. You are only in negotiation when the seller responds to your offer. In other words: when the seller makes a counter-offer. The selling estate agent can also explicitly inform you that he is in negotiation with you. You are not in negotiation if the selling estate agent says he will discuss your offer with the seller.
2. Is an estate agent allowed to continue with viewings while an offer is being negotiated?
Yes, he is. Negotiations need not lead to a sale. In addition, the seller may want to know whether more people are interested. The first bidder need not be the best. That’s why the viewings continue. Very often the selling estate agent will tell other prospective buyers that the property is "under offer". In this case, another prospective buyer is entitled to make an offer, but will not receive an answer until the negotiations with the first interested party have ended. The estate agent will not make any statements about the size of the offer. This could induce overbidding.
3. Can the seller raise the asking price of a property during the negotiations?
The answer is yes. If the asking price is only an invitation to make an offer (as described under "Will I be the buyer if I offer the asking price?"), the seller can also decide to lower or increase the asking price. During the negotiation process, offers and counter-offers may pass to and fro between parties. If the selling party accepts an offer, then the purchase is completed. If the seller makes a counter-offer, the buyer can complete the purchase by accepting it. The reverse is also possible. If the potential buyer makes a counter-offer that differs from the selling party’s earlier offer, then the selling party’s earlier offer is no longer valid. So even when the parties "come closer to each other" in the bidding process, the seller can suddenly decide to raise his counter-offer while the buyer can lower his original offer.
4. When is the purchase completed?
If the seller and buyer reach an oral agreement about the most important matters relating to the sale (usually the price, the delivery date and contingency clauses), then the purchase is completed. The selling estate agent confirms the purchase in the deed of purchase. This outlines the oral arrangements made between the parties. Usually further arrangements (such as the penalty clause) are also documented in the deed of purchase. Such additional arrangements only apply after both parties have signed, or orally agreed to, the deed of purchase.
Contingency conditions are an important subject, incidentally. The parties must reach agreement about these before the oral purchase. Please note: you as a buyer are not automatically granted a “subject to mortgage approval” clause. When making your offer, you must explicitly state that this is "subject to mortgage approval".
5. Will I be the buyer if I offer the asking price?
There are many misunderstandings about this question. The highest law court in the Netherlands, the Supreme Court, has ruled that the asking price of a property is an invitation to make an offer. If you offer the asking price quoted in an advert or property guide, then you have made an offer. In this case the seller can still decide whether to accept your offer or not, or to instruct his estate agent to make a counter-offer.
6. Is an estate agent allowed to change the selling procedure during the negotiations?
Yes, he is. Either party may discontinue the negotiations. Sometimes there are so many prospective buyers offering or approximating the asking price, that it is difficult to decide who is the best buyer. In this case the selling estate agent can decide – naturally in consultation with the seller – to break off the negotiations and to change the bidding procedure. But before doing so, he must naturally meet any commitments already made (see also questions 8 and 9). The estate agent may then opt for a tendering procedure; in which case all bidders have an equal opportunity to make the highest offer. Ask your NVM estate agent for a folder about this procedure.
7. The estate agent is asking a 'ridiculously' high price for a property. Is that allowed?
The seller, together with his estate agent, decides on the price he wants for his home. The buyer can negotiate the price, but the seller decides. This principle applies to all matters that the seller considers important in deciding whether to sell his home to this buyer. If the seller and buyer manage to agree about these matters, the purchase is completed. Sometimes the seller and buyer decide not to negotiate certain less important details – e.g. movable property – until reaching agreement on the principal issues.
In such a case the court may decide that the parties, having agreed on the matters that they themselves have indicated as the principal issues, must continue with the negotiations until a reasonable result has been achieved.
8. What is an option?
An option in a legal sense gives one of the parties the choice to conclude a purchase agreement with another party by means of unilateral declaration. In this case parties have already agreed on the conditions of sale, but the buyer is, for instance, given an extra week to make up his mind. Such options are quite common when purchasing new-build properties. With the purchase of an existing home, the term 'option' is often used incorrectly. In such cases, it refers to certain promises or concessions that a selling estate agent may make to the prospective buyer during the negotiation process. Such a concession may, for instance, be that a prospective buyer gets a few days to think the offer over. In that time the estate agent will not try to enter into negotiations with another party. The prospective buyer can use this time to find out more about his mortgage or the suitability of the property. You cannot demand an option; only the seller and selling estate agent can decide whether any promises or concessions are made in the negotiation process.
9. If I am the first person to call for a viewing or to view the property or to make an offer, is the estate agent obliged to negotiate with me first?
The answer to these three questions is no. The selling estate agent decides on the selling procedure together with the seller. The selling estate agent is obliged to inform you of this procedure. If you are seriously interested, it is wise to ask the estate agent what your position is. That can avoid a lot of disappointment. If the estate agent makes you any promises or concessions, he must honour these.
10. Is the estate agent’s fee included in the 'buyer’s costs'?
No. The buyer pays the costs that the state imposes on transfers of property, i.e. property transfer tax (currently 2%), and the notary’s costs for drawing up the deed of delivery and entering the deed in the registers. If the seller engages an estate agent to sell his property, he himself must pay the estate agent for this service (estate agent’s fee). The estate agent mainly represents the seller’s interests and not the buyer’s. So the buyer may be wise to engage an estate agent.
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