TASS: in Moscow, the share of apartments for sale inherited has increased by 5-10 percent
Over the past year, the share of apartments in Moscow, recently inherited and put up for sale increased by 5-10 percent. Experts associate the growth in the number of such proposals with the COVID-19 pandemic and the rise in prices for housing in the capital, reports TASS.
As the founder of the Landl real estate agency Alexei Klyshin said, Muscovites will rush to get rid of the recently inherited apartments despite the need to pay taxes (they are obliged to do this, since they do not wait three years after the inheritance).
The accelerated sale of such housing is often explained by the fact that sellers need money. Many have lost their jobs during the pandemic, some have loan obligations or arrears on utility bills, the expert said. “People solve problems, and the remaining money is brought to banks in order to receive interest from them, and in general they live on it,” he said.
The Federal Notary Chamber confirmed that the number of inheritance cases opened has been growing lately. “Obviously, this is due to the general increase in mortality in the country caused by the pandemic,” the department said.
Earlier, Russians were warned against buying inherited apartments. It is not always safe to buy housing that the seller inherited less than three years ago, said Elena Babushkina, a lawyer and head of the legal center.