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Myths and truths about buying real estate

Are you thinking of purchasing a property to call your own, however, you still have many questions about buying property? 

So know that you are not the only one. Like you, thousands of people also find themselves in this dilemma because they are not sure if this is a good investment or the best way to get their dream home.

In this post, you’ll have the chance to clarify everything about the subject and resolve once and for all the doubts that still prevent you from realizing your dream of home ownership.

That’s right! So, keep reading this post and check out some of the myths and truths we’ve gathered about buying real estate.

The purchase of finished properties is always better than on-plan properties – MYTH 

This is one of the most common myths about the subject. The advantage of ready-made properties is that they are already available for those who have a certain urgency, but on the other hand, they are more expensive.

The properties in the plant, in turn, are more suitable for those who have medium and long-term plans. After all, the person will have to wait a few years to have the keys in their hands.

This type of alternative tends to value 30% more than others. And the most interesting thing is that you can finance the entire amount, including the down payment!

In the case of finished properties, at least part of the money will have to be given when signing the contract.

Real estate with sustainable solutions can be purchased at a good cost-benefit ratio – TRUTH

Until a few years ago, thinking about sustainable real estate was synonymous with spending a lot of money. However, now the reality is different, it is already possible to find options with good value for money.

Purchasing sustainable properties has to be thought of as an investment. This is because, in the medium and long term, the economy generated is gigantic. For example, solar panels can generate up to 95% reduction in electricity costs.

Rainwater reuse systems or even energy solutions can also benefit your pocket and a lot in the future.

Therefore, it is worth putting it at the tip of your pencil and comparing the savings you will have for the rest of the time you are in the property, compared to the investment made for its acquisition.

All purchase contacts are practically the same – MYTH

Real estate contracts can vary depending on the type of property you are purchasing. That’s because they are prepared according to negotiations.

However, there are some elements that are mandatory in this type of document. And you need to know what this information is so that you don’t end up in trouble and even scams.

Finding the dream property is hard work – TRUTH

Finding the ideal property is laborious, but not impossible. The great complexity lies in two factors: the state of the property and the documentation.

If the property does not have all the documentation up to date, including payment of taxes, the purchase becomes more difficult. Especially if you want to fund it.

And the state can also be an issue. In addition to the possibility of you having headaches in the future due to hidden problems, many financial institutions do not release loans depending on the state of the property.

In general, on-plan properties and launches are often easier to buy and finance. This is because upon delivery, the property is newly built, so the structure will not be a problem.

And documentation in these cases usually doesn’t pose a problem. Mainly in relation to the properties in the plant, since it is already complete.

On-plan real estate is the most reliable option – MITO

Not necessarily. Just like the purchase of an already-built property, on-plan properties also pose risks.

That’s because, if you don’t thoroughly research the construction company’s history, you run the risk of ending up with a poorly built property or even not having it delivered.

Many people have been victims of companies that sold apartments and condominium houses and never delivered the properties. Another common problem is delays in property delivery.

To avoid this type of situation, it is essential to check the construction company’s history and make sure it is really trustworthy. And in this matter a realtor can be of great help.

This is because this professional knows more deeply who are the reliable companies in the market, and also knows what kind of issue to evaluate before making a decision regarding the purchase of real estate.

It is only possible to apply for credit when you already have a property in view – MYTH

Many people think that in order to purchase property in a financed way, it is necessary to already have an asset in view. However, this is a myth.

In fact, you can already file a credit application with the financial institution without any problem, even if you don’t have anything in sight. If everything is fine she will release a letter of credit.

This document is valid for three months, which is a good time to locate a property within the amount released, and thus, finalize the financing.

Real estate near transmission towers tend to be dangerous and less valued – TRUTH

Yes, depending on the distance from the residence to the tower, it can be dangerous. This is because the electromagnetic waves emitted by it are harmful to health. Not to mention the risk of falling if the equipment is not properly installed.

However, if the structure complies with the minimum distances determined by the responsible engineering team, there will be no such concern, since these professionals carry out a feasibility and safety study to insert the tower in a safe place.


Purchasing a property is a very big and important step in the lives of many people. Therefore, before making this type of decision, it is important that you seek as much knowledge as possible on the subject.

Only then will you have more security and peace of mind, avoiding the emergence of headaches in the future and ensuring that your dream comes true.


Lessor or Lackey: Who pays for the apartment renovation?

Whoever is looking for a place to live thinks about leaving the house as you like, to have more comfort and well-being. So far so good: small adjustments are made. What can cause some kind of problem is when it becomes necessary to do some major work, such as the renovation of the rented apartment. Who pays the bill, the lessor or the lessee?

This is a point that raises many doubts and problems between tenants and landlords are not uncommon. Each side of the issue has its responsibilities, some defined in a contract, others provided for in the Tenancy Law, which governs the residential property rental market in Brazil.

The discussion seeks to find out who should pay for certain types of reforms, and both landlord and tenant need to be well armed so they don’t have to make drastic decisions, such as breaking the contract. Thus, it is important to know some topics of legislation.

What does the Tenancy Act say about rented apartment renovation?

The  text  makes it very clear what the responsibilities of each part of the rental agreement are. It is on this basis that you must negotiate the reforms you intend to make.

When renting an apartment , the landlord is responsible for paying taxes and delivering the property in good condition. The property tax is an obligation of the owner, but it can become the responsibility of the resident if this is provided for in the contract.

The lessor is also responsible for paying for structural reforms, which we will explain in the following item.

The lessee is responsible for paying the energy and water bills, in addition to the condominium. Necessary reforms due to damage caused by misuse or caused by the resident are also within its competence.

All About Renovation in a Rented Apartment

What are structural reforms?

In practice, they are essential works for the use of the property and for corrections of problems caused by third parties or wear and tear. These expenses are borne by the owner.

This category includes works in the electrical and hydraulic parts of the property, in the sewer, roof and walls. For example, if the neighbor on the floor below you notices a leak and it is caused by the plumbing of your apartment, it is the owner who bears the cost of the renovation.

The law states that the owner must return the property in good condition, so make sure everything is working properly when renting the property. Turn on the faucets and shower, turn on the switches, check every structural item in the apartment. It’s worth talking to neighbors about any problems.

As a security guard, take photos and videos of the apartment to have proof of any problems. Check your observations with the inspection made by the real estate agency before handing over the keys.

What are improvements and improvements?

This is where the biggest discussion opens up, as each situation is a specific case, which must be negotiated point by point. Even if it is not necessary, the owner can see a certain work as an improvement to the property, which can be valued with it. In this way, he authorizes the rent discount or pays the payment separately.

An example: if you want to change the dishes in the bathroom, which are already worn out by time and use, and the owner sees an investment in this renovation, he can authorize the change as long as you pay for the work.

The owner can also assess that a renovation is not necessary and that he considers the tenant’s desire to improve, in which case he will have to bear the costs. But, before contracting the service, the tenant must ask the owner’s authorization to carry out the renovation. A tip: always ask for written confirmation and attach it to the contract.

There are cases in which the owner does not authorize a certain reform, even if supported by the resident. For example, if you want to change the bathroom floor and the owner refuses the work, even if you pay. This is a type of reform that does not allow for a return to the original. So, the resident must give up doing the work.

In cases where it is possible to restore the previous situation, negotiation is easier, even when the owner does not see real improvement for the property. Examples include drilling holes in the wall to install shelves, shelves and other items, installing air conditioning and protection grids, changing decorative fixtures or painting the property in a different color.

In any of these cases, the tenant pays the bill, who must restore the property and leave it as described in the entrance inspection when the contract ends. In case of not leaving the property in the same way at the time of departure, the lessee may have to pay fines provided for in the contract.

How to act with items of decoration and personal improvement?

This situation fits into the last one described in the previous item. These are expenses that the owner does not pay, but authorizes to be made, as long as you restore the original on departure.

In most cases, they are items of  decoration  and personal benefits, which do not interfere with the structure of the property or cause changes of great impact. Parts such as light fixtures, switches, lamps, knobs, doorknobs, locks, protection grids, all of this can be done without any major problems, always paid for by the tenant.

When there are changes, keep the originals to reinstall on exit. This way, you enjoy objects and items that please you during the period you live in the property. When you leave, they are yours.

Same thing goes with showers. Exchange and save the originals. Before, see if the electrical network supports the power and amperage of your model.

Also on the electrical issue, if for any reason you need to change the voltage of the outlet points or only some inputs from 110 volts to 220 or vice versa, inform the owner before making the change. An electrician should check for technical conditions as well. When returning the property, you must return to the original configuration. All these costs are borne by the tenant.

How to define the expenses of those who live in condominiums?

The renovations, in this case, are the responsibility of the lessor, as they indicate improvements to the property. Renovations in the set, such as paintings on the facades, structural works on the electrical and hydraulic networks and on the pavements are some of the items that fit into this situation.

What can be agreed between owner and resident is the form of payment. The tenant can pay, if the cost is included in the condominium, and deduct the amount from the rent. These negotiations are punctual and need to be documented.

Renovation of the rented apartment is a well-defined issue by law, but even so, it leaves room for specific negotiations. The important thing is to be prepared for the conversation, so that you don’t take losses or wear yourself out unnecessarily.