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Tiga Real Estate's Innovative Property Research Service

In a groundbreaking move, Tiga Real Estate Corporation, headquartered in Shibuya, Tokyo and led by CEO Taichiro Tsutsui, has launched a new service tailored for individuals engaging in real estate transactions without professional mediation. This service named "Yama-san Property Research" aims to provide in-depth property investigations that can significantly alleviate potential issues between physical buyers and sellers.

Understanding Property Research

In a typical real estate transaction involving a broker, trained professionals meticulously analyze the property to present comprehensive details before the deal is finalized. Conversely, in personal sales between individuals, such thorough investigations are often neglected. The essence of the property research lies in clarifying the characteristics and current condition of the property before the sale, allowing both sellers and buyers to visualize essential information. By doing so, the service plays a crucial role in preventing disputes over hidden defects that may arise after the transaction is complete.

The absence of a broker can lead to significant savings on commission fees, a major selling point for those opting for individual sales. However, this absence also introduces the risk of miscommunication and disagreements regarding the property's condition, which can lead to conflict after the sale.

Genesis of the Service

The impetus for launching this service arose from experiences where individuals seeking to conduct transactions without brokers frequently found their requests declined due to the nature of the deal. Particularly during asset management or inheritance division scenarios, when properties are exchanged between acquaintances or family members, conducting proper risk assessments related to the real estate involved becomes imperative. Additionally, there has been a notable increase in requests from lawyers and tax advisors who prefer just conducting a property survey or preparing 'important matter explanation documents', reflecting a growing need for such services.

Common Issues Addressed by the Service

The property research service specifically aims to mitigate risks associated with common issues such as:

• - Discovering that a house cannot be rebuilt
• - Uncovering unpaid maintenance fees in a condominium
• - Identifying that essential utilities like water, electricity, and gas are not connected on a property

Comprehensive Investigation Process

The research performed under this service includes a thorough examination that aligns with the information provided in the important matter explanation document. This encompasses local inspections, investigations at the Legal Affairs Bureau, municipal inquiries, and assessments of infrastructural facilities.

Additional Scenarios Covered

Financing

In instances where buyers wish to finance their purchases through banks, documentation including a sales contract and important matter explanation documents are typically required. However, documents prepared by individuals unfamiliar with real estate transactions may not meet the required standards, resulting in complications. Given the propensity for disputes in individual real estate sales, banks often find it challenging to approve financing.

Asset Management and Organization

Not only during the buying and selling phases but also in assessing existing properties, this service facilitates the verification of current conditions and actual facts. There have been inquiries from individuals uncertain about inheritance properties and their locations.

Fee Structure

The service is provided at a fixed rate of 198,000 yen, with additional options available upon request.

For more information on Tiga Real Estate and the Yama-san Property Research service, visit their official website: Tiga Real Estate.