Transactions happen due to the difficulty in selling real estate and the haste to move in the present context.
The Covid-19 pandemic has altered the way in which Brazilians relate to their own home and to the quality time inside the house. One of the solutions found to improve the experience of social distancing is to move house. But, contrary to what many people think, buying and renting are not the only alternatives. This is because the permutation of real estate has emerged as a strong possibility for doing business. Companies in the real estate sector in Rio de Janeiro declare that this modality has grown 30%, between 2020 and 2021.
For those who have never heard of it, the permutation of real estate consists in exchanging one home for another, without involving money in the process. And you can exchange a house for an apartment, land or even a home still in blueprint, for instance. And all this with legal recognition and judicial security.
When the exact value of the real estate exchanged cannot be arrived at, it’s possible to pay the difference with money. Financing is usually avoided by the parties involved, so that the transaction doesn’t have to go through a financial institution, and can be handled directly between buyer and seller. But, if necessary, it can be used to pay off the remaining amount. One of the reasons for the growth in permutations is the difficulty in selling real estate amidst the present economic uncertainties.Haste is another factor: lots of people would have to first sell their homes before buying a new one, which would delay their move and the improvement in quality of life.
Another advantage is related to Income Tax. If the exchange is made at the same price for both places, with no money involved, you are exempt from paying income tax. In case of different prices, the expenses with income tax are in charge of whoever received money. Have you decided on a permutation? Now, look for a place that interests you and, of course, analyze carefully conditions and documentation before closing the deal.
When it’s time to move, don’t forget: Find a trustworthy moving company that offers tranquility and efficiency at such an important moment.