LanguageLANG

Q&A

Buying

Q

Is it possible to buy a property even though I don't have much personal cash?

A

It is possible to purchase a property.
However, as each customer's case is different, please feel free to contact our sales staff first.

Q

How much will I have to pay for the purchase?

A

The following are the various costs other than the purchase price.
・Stamp duty ・Registration and licence tax ・Taxes such as real estate acquisition tax ・Administrative charge when using a mortgage ・Guarantee fee ・Insurance premiums ・Brokerage fees, when purchasing real estate.
Generally, 5%-10% of the purchase price is charged, so you need to prepare it in advance. In addition,
it is safer to prepare moving costs etc.

Q

What is the market rate for a deposit?

A

Usually, a deposit of 5%-10% has to be paid to the seller of the transaction price in most cases.
While it is possible to make the deposit amount small, abandoning the deposit when you want to cancel the contract will allow you to cancel the contract unconditionally.
Therefore, we do not recommend a small deposit for both the seller and the buyer to avoid easy
cancellation of the contract.

Q

In the case of second-hand housing, who bears the renovation costs, the seller or the buyer?

A

In most cases, the sale and purchase of second-hand housing is delivered in its present state.
This means that if renovation is required, it is the buyer's responsibility.

Q

Are air-conditioning, lighting and other facilities included in second-hand housing?

A

It depends on the property.
With regard to facilities, we will prepare an Installations List taking into account the wishes of both the seller and the buyer, confirm the facilities and whether or not they are faulty, and have you sign the contract once you are satisfied with them.

Q

For second-hand homes, are there many occupied properties?

A

It cannot be said that there are many, in general.
In some cases, the property has already been moved out and is vacant (unoccupied) or has not been used for some time.
It is possible to visit a property even when it is occupied, so do not hesitate to check the status of the property thoroughly. If the property is still occupied, the advantage is that furniture and other items are already in place, making it easier to visualise living in the property.
You can also check the surrounding environment, it is advisable to ask about it.

Q

Can I negotiate the price?

A

The terms of the contract, including the price, will be adjusted between the seller and the buyer.
Conditions other than price include the time of delivery and condition (conditions such as the status of facilities attached to the property, such as air-conditioning, and the need for renovation).
In the course of adjusting various conditions, it may be possible to negotiate the price. Please discuss your requirements with our staff in charge.

Q

Can a non-Japanese person purchase real estate in Japan? And what documents are required?

A

Non-Japanese nationals can also purchase property.
Please click here for information on required documents.

Q

What are the steps for purchasing property in Japan?

A

Please click here for the property purchase process.

Q

Can you provide online support?

A

All correspondence, including pre-views, properties under management, construction and consultations, can be done online.
(If you live in an area with a time difference from Japan, please check our opening hours).

Q

Is it possible to request management of a property after purchase?

A

Certainly. We have a property management department, so please contact us for more information.
For more information on the details of the management contract, please click here.

Q

Is it possible for non-Japanese nationals to use the loan?

A

Access to finance is possible regardless of whether you have permanent residence status.
Financial institutions can be introduced through our company. For more information, please contact our staff in a relevant department.

Q

Please advise on finding an area in which to buy a property.

A

When purchasing a property, it depends on whether you are focusing on it as an asset or on your happiness.
If it is the former, I would recommend choosing an area where the value will not fall, or an area where the value will increase in the future, such as a redevelopment area.
If the latter, we recommend choosing a town that you have a connection with, a town that you love and have feelings for, or an area that suits your lifestyle.

Q

Please explain the difference between a holiday home and a second home.

A

In terms of taxation, the meaning is different: a holiday home is a house for extraordinary recreational purposes, while a second home is seen as a residence used for daily living that is used at least one day per month.
Also, unlike holiday homes, second homes are eligible for tax reliefs and some banks offer second home loans with terms and conditions not much different from mortgages.

Q

Would it be better to renovate the house I live in now and continue living in it, or buy a new one?

A

The answer will depend on the condition of your current home, your budget and what you want most.
The advantages of renovation are lower costs and a better understanding of the environmental situation.
The disadvantages are that, depending on the structure of the building, the flexibility of the layout may be limited, there may be concerns about earthquake resistance and insulation, or extra costs may be incurred.
The advantages of new construction are that there is no concern about the structural aspects (earthquake resistance, durability), there is a high degree of freedom in terms of appearance and layout, and you can live wherever you want.
The disadvantages are that it is difficult to imagine the environment and living comfort.

Q

I am wondering whether to buy or rent to move out of my current home. Which would be better?

A

It is said that the total cost of living for 50 years is about the same for both renting and buying.
However, buying has the disadvantage that you are then left with the property, whereas renting has the disadvantage that you are left with nothing and need to fund your retirement.
The advantage of renting is that you can flexibly and easily adapt to your lifestyle at the time, and you can temporarily reduce the cost of housing to suit your family situation.

Q

How many companies should I discuss my purchase with?

A

As there is not so much difference in the amount of information depending on the real estate company, it would be better to visit two or three real estate companies of different types (major, local, etc.) and consult with them in terms of determining the compatibility and sincerity of the company, so that there are no regrets.
However, there is a tradition among real estate companies that the real estate company that first guided you to the property acts as an intermediary, so it is safer to limit yourself to one company from the guided tour.

Q

What happens when a loan is used for a two-family house?

A

There are two typical types of loan for two-family homes.
The two most common types of loan are the 'parent-child relay loan' and the 'parent-child pair loan', both of which have the advantage that the amount borrowed is greater than that of a single loan, and both parent and child can benefit from mortgage tax relief. Furthermore, the relay loan allows for a longer borrowing period.
However, there is a disadvantage in that the debt remains after the death of the parent.
The advantage of a pair loan is that the child does not have to make repayments on behalf of the parent in the event of the parent's death or inability to repay the loan.
The disadvantage is that if one of them falls behind on payments, one of them has to take on the remaining repayments.

Q

Tell me about pair loans.

A

Pair loans allow borrowers to borrow more money for a single house because they each have their own loan.
The disadvantage is that each person has to join a group credit insurance policy, so payments remain even if one of them passes away.

Q

Tell me about mortgage tax relief.

A

The Mortgage Tax Credit Scheme is designed to reduce the interest burden on acquirers when acquiring a home by obtaining a mortgage loan.
1% of the balance of the mortgage loan or the acquisition price of the home, whichever is less, at the end of each year is deducted from the amount of income tax over a period of 10 years.
If the amount cannot be fully deducted from income tax, a portion will also be deducted from inhabitant tax (Ministry of Land, Infrastructure, Transport and Tourism Sumai Benefit HP).

Q

What are the advantages and disadvantages of detached houses and condominiums?

A

Condominiums have advantages that can be received because many households live in them, such as security, management and community aspects, disaster prevention and crime prevention.
On the other hand, they do not offer the same flexibility and size of a dwelling as a detached house, and sound concerns to the neighbours may also be a disadvantage.
Advantages of detached houses include the size of the dwelling, freedom and security of layout, soundproofing, ventilation and lighting.
On the other hand, disadvantages include high prices in some areas and the difficulty of building maintenance.
It is not possible to say which is better, so it may be important to consider your lifestyle and other relevant factors.

Q

What are the advantages and disadvantages of new and second-hand property?

A

The advantages of new buildings are that they are equipped with the newest facilities, they are more likely to receive tax benefits, and the maintenance costs of the house are lower because the building and facilities are new.
On the other hand, prices are higher compared to second-hand and, as no one has ever lived in the property, it is impossible to know the risks that may arise after moving in.
Advantages of second-hand housing include lower prices and the ability to judge the value of the building based on its management status.
Disadvantages include older equipment and buildings, and depending on the property, it may not be possible to obtain a mortgage. It is possible to renovate a second-hand house to make the interior as good as a newly built property, so it is important to consider which is better for you and your lifestyle and budget.

Q

Why are corner lots so popular?

A

The corner location of the land allows for good sunlight and ventilation, as well as a high level of security due to its conspicuous location. It also allows for a much greater degree of flexibility in the layout of the house.
On the other hand, disadvantages include the fact that corner lots tend to be more popular and therefore more expensive, and the possibility of accidental damage because they are often at a turn or intersection.

Q

What are the advantages and disadvantages of built-to-order and custom-built housing?

A

The advantage of a built-for-sale house is that you buy a house that has already been built according to the seller's plans, so there is less time taken up with meetings, etc., and the process is easier.
On the other hand, it can be mentioned as a disadvantage that the floor plan and equipment cannot be exactly as you want.
The advantage of custom-built housing is that the building structure, layout, equipment and interior can be made exactly as you wish.
On the other hand, a lot of time is required for meetings during the design and estimation stages. Also, additional costs may be incurred due to changes in construction and design, which may exceed the budget.

Q

Please advise on the sale of non-reconstructible properties.

A

Non-reconstructible properties are easier to sell if the building is renovated and rehabilitated.
Another option is to purchase the missing land and turn it into a buildable property.
If you want to sell the property without any costs or hassle, you can use the buy-back scheme of a real estate company.
Our company has handled many non-constructible properties in the past, so please feel free to contact us for further information.

Q

Please advise on the sale of a row of buildings.

A

Due to the nature of a row building, where there are several dwellings in one house, it may be necessary to hold discussions with the other owners regarding the sale or change of the current status of the building.
There are two ways of selling the property: rebuilding it with the agreement of the other owners, or buying the other units and turning them into your own property.
Another option is to approach your neighbours about buying the property.
All of these methods require time and money, so please contact a property purchase company if you are in a hurry to sell your property.
Our company has experience in the purchase of row-type buildings, so please do not hesitate to contact us.

Q

What is the difference between being described as a seller and an intermediary depending on the property?

A

A "seller" property means that the buyer and the seller conduct the transaction directly.
The "intermediary" property means that a brokerage firm enters between the seller and the buyer and carries out the transaction.
As a merit of the seller's property, a mediating fee does not cost because it becomes a direct deal. When a mediating agent is used, a mediating fee is charged, but there are other advantages such as being able to search for a property that matches your wishes from a wide range of properties, as well as helping with property surveys, negotiations with the seller and loan procedures, so it is difficult to say which is more beneficial.

Q

What are some of the key factors in identifying a reliable real estate company with whom you want to have a long term relationship?

A

It is worth noting the number of the licence number.
This licence number is renewed every five years, and if it is (2), you have been in business for at least five years and less than 10 years, and if it is (3), you have been in business for at least 10 years and less than 15 years. The agents with a higher number in brackets ( ) are those who have been in business for a longer period of time and can therefore generally be said to be more experienced and stable.

Q

If I submit an application, do I absolutely have to buy it?

A

Cancellation is possible if the application is made before the purchase contract is concluded.
If you try to cancel for your own reasons after the conclusion of the purchase contract, you will be subject to penalties such as waiving or doubling the deposit.

Q

Can I buy a property introduced to me by a different company?

A

It is not compulsory to buy from the referrer.
There have been cases of distrust in the person in charge of some company, such as being urged to visit the shop unnecessarily or being pressured to sign a contract at short notice. If the property is on the market, it can be handled even by another company.
If you are paying an agency fee, which is not cheap, you should choose a company you can trust with peace of mind.

Q

What are undisclosed properties?

A

Generally, it is a property that is not registered on a property company's website, a property portal site (SUUMO, at home, etc.) or REINS (the Minister of Land, Infrastructure and Transport's designated real estate distribution system).

Q

Approximately how many properties do you usually look at and buy?

A

It varies, but on average, people tend to make a decision after viewing around five properties.
If you look at more than that, you may rather not be able to make a decision. In recent years, property portals have been enhanced, so we recommend that you first clarify your preferences and then actually view the properties that you have narrowed down to some extent.

Q

How long does it take from signing a contract to being able to move in?

A

For completed properties, the standard is usually one month, but it is possible to hand over the property after three months, six months, etc., depending on the customer's requirements.
It also depends on the type of property, such as a property that is being lived in or under construction, so please feel free to contact us for more information.

Q

I am considering selling my home, but I am not comfortable giving up the house I have lived in. What can I do about it?

A

There is a method known as a 'leaseback'.
After the sale of an owner-occupied home to a third party, the person who sold the home and the new owner can enter into a lease agreement to continue living in the home after the home is sold.
Care should be taken to check in advance about maintenance responsibilities, such as the length of the contract and the conditions for early termination.

Q

What is a Location Designated Road?

A

A location designated road is a newly constructed road when the land is used as a building site, and the road has been designated as such by the specified administrative authority.

Q

What is a 'Planned Road'?

A

Planned roads, which stand for urban planned roads, are roads for which urban planning has been decided based on the Urban Planning Act in order to improve road conditions in urban areas and increase the convenience of people's lives.
They also include those that have not been commercialised. Once completed, they will be managed as 'roads' under the Road Act. Customers wishing to build a new building in the area of an urban planning road need to check in advance whether it is within or outside the urban planning road area, as there are strict regulations and conditions for building in the area.

Q

What is a 'front private road'?

A

Firstly, private roads are roads owned by individuals or legal entities, unlike public roads (owned by the state or various municipalities). The owner can restrict who can pass through or make it freely available.
The owner is also responsible for the management of the road, such as repairs and cleaning, and bears the costs.
Furthermore, if you buy and build in the future, or if the front road of the property you are selling does not meet the road requirements of the Building Code, you will not be able to build in the future.
There are a number of conditions, but first you need to check with the local government office or other reception desk and tell them that you would like to know if the front road is in accordance with the Building Regulations.
If you ask whether the road in front of your property is in accordance with the Building Regulations, and give the address number, the local authority will be able to check and tell you.

Q

What are the running costs after buying a house?

A

The running costs of buying a detached house will vary depending on the structure of the property and other factors, but will average around 400,000 JPY per year.
The approximate breakdown is tax-related (solid city tax, real estate acquisition tax, etc...). Repair costs (external walls, water, minor repairs, etc.) Insurance premiums (fire insurance, earthquake insurance, etc...) However, unlike condominiums, it is possible to save costs individually, so although it takes time and effort, it may be possible to keep costs down.
Unlike detached houses, condominiums have a repair reserve fund and management fees. In addition, property tax may be more expensive because the value of an apartment building is higher than that of a detached house.
In addition, some condominiums require monthly payments for parking and bicycle parking.
We recommend that you carefully assess the running costs of condominiums and detached houses and make a financial plan before purchasing.
As a real estate concierge, our company can solve your concerns and worries. Please feel free to contact us at any time.

Q

I am considering a replacement, should I sell first or buy first?

A

If you plan to use the funds from the sale to buy your next property to live in, it would be better to sell first. Instead, be aware that without a temporary place to live, you will have limited time to find your next apartment.
You may also buy a property ahead of time if you already have a property you like and have sufficient funds. If you assume that your current property is likely to sell on good terms, you may purchase it ahead of time.
Either way, you will need an appraisal of your current property. It is probably best to start by having a real estate company carry out an assessment once.

Q

My parents are funding the purchase, are there any problems with the taxation system?

A

If you receive financial assistance from your father or mother when purchasing a house, you can make use of the Exemption from Taxation of Gifts of Home Acquisition Funds.
If you acquire home acquisition funds to pay for the construction, acquisition or extension (new construction) of a residential house to be used for your own residence through a gift from a direct ancestor such as a parent or grandparent between 1 January and 31 December 2023, and if certain requirements are met, the following tax exemption limits are applicable. The following tax exemption limits are exempt from gift tax on amounts up to the maximum tax exemption amount.
In the case of energy-saving housing, the tax exemption limit is ¥10 million, and in the case of other types of housing, the tax exemption is ¥5 million for gifts of housing acquisition funds.
In addition, there are many conditions, such as the recipient and the object of the gift, which can be checked on the National Tax Agency's website.
Please note that, in making use of this special provision, you need to file a tax return, even if you do not have to pay gift tax.

Q

What do I need to bring during the viewing? And what are the key points to consider during the viewing?

A

The following are some tips on what you should prepare in advance of your visit.
1. Mobile phone (smartphone) or camera: It is a good idea to take photos of the rooms and if there are any scratches on the walls, you can compare them with other properties you have viewed in the same day.
2.Measuring tools: It is necessary to take the measurements of the furniture stored in the house before viewing the property and check whether the furniture will fit when you visit the property. It is advisable to measure the size of washing machines and curtains and the space for large furniture such as refrigerators in advance as well.
3.Leveling: When viewing an old house or a room for rent, there is a risk that the building may tilt slightly after a certain amount of time has passed. If the property is tilted when it is sold, rented out or lived in, this can be a problem, so a level should be placed on the floor in advance.
4.Property documents (floor plans, etc.): If you know the floor plan to some extent before viewing the property, the viewing will go smoothly. It is best to request the documents from the person in charge at the real estate agency in advance.
5. Memo pad and writing utensil: It is best to have a writing utensil available so that you can take notes at any time, to help you remember what is unclear or what you have been told by your contact person. It is also useful to have a list of key points that you will need to look back on when you finally choose a property.
6. Slippers and socks: The staff in charge may prepare slippers and socks in advance of the viewing, but it is best to bring them with you just in case as different companies take different measures to prevent infection, etc.
7. A personal seal (a real seal is better than a shachihata): You never know when you will find the best property. For example, if you want to make an immediate decision on the same day, or if the property is popular and has many rivals, it is a once-in-a-lifetime encounter. Be sure to bring your stamp with you so that you can sign a contract at any time.

Q

I will be shown around the property. How long does it take?

A

It varies depending on your requirements and the type of property, but it will usually take between 30 minutes and one hour, including travel time.
If there is a property you like, it may take longer to look at the rooms in detail.
On the other hand, if the property is different from the picture you saw online or on a leaflet, it may only take you 10 minutes to view one property.
In such cases, we recommend that you arrange a time to prepare for the viewing in advance to some extent.
Also, when viewing a property, the electricity may not be connected to the property, so we recommend viewing in the morning when the sun is shining as much as possible.

Renting/Leasing

Q

Is it possible to rent a flat as a non-Japanese national?

A

This depends on the property owner.
Our company specialises in properties that can be rented to non-Japanese nationals, and we provide
multilingual support to help you find a room.
We also provide a guarantee company exclusively for non-Japanese nationals to ensure a smooth screening process.
As we provide full support after you move in, so you can live without any worries.

Q

Is it possible to look for a place to live in Japan while I am still in my home country? And can you provide multilingual support?

A

Yes, our online service is available in many languages, from viewing to contracting, regardless of
whether you are living in your home country before coming to Japan. Our properties can also be viewed inside using a 360-degree camera. (If you live in an area with a time difference from Japan, please check our opening hours.)

Q

Do I need to prepare furniture? And what kind of furniture do I need?

A

We can introduce you to furnished properties and arrange for rental appliances and collective purchases.

Q

Is it possible to consult with you about any problems I may have once settled in?

A

Absolutely.
Should you have any problems with your property, such as broken equipment, blocked drains or locks that won't open, please do not hesitate to contact us. We will support you in multiple languages.

Q

As a non-Japanese person, is there anything (documents, etc.) I need when renting a property?

A

You must have your ID card, certificate of eligibility, etc. In some cases, additional documents may be required. As there are some differences depending on the content of the application and the property, we will consult with you on every occasion.

Q

Is it possible to rent a flat with a student or working holiday visa?

A

Yes, it is possible.
However, we will need to confirm information on the basis of rent payment, such as information on part-time work, or confirmation of the sponsorship status of the applicant.

Q

How long does it take to find a property?

A

We recommend about two months in advance.
Although the time from when you apply for and sign a contract for a property until you move in (rent is generated) varies between property owners and management companies, it usually takes between about two weeks to a month.

Q

What are the steps involved in renting a property?

Q

Do I have to use a guarantee company?

A

A guarantee company is mandatory for properties managed by us.
It is also becoming more common in Japan to use a guarantee company for properties not managed by us,
regardless of whether applicants are from within or outside Japan.

Selling

Q

Are property appraisals free of charge?

A

Yes, it is free of charge.
Property valuations are broadly divided into AI valuation (simple valuation) and on-site valuation
(detailed valuation).
The assessed value is calculated by comparing similar cases in the vicinity and the relevant property.

Q

What are the different types of property appraisal?

A

There are two main types of appraisal.

● AI valuation (simplified valuation)
● On-site valuation (detailed valuation)

This is an appraisal in which the sales representative visits the site and then calculates the assessed value price.
Because an appraisal is carried out from the three perspectives of (1) 'property data', (2) on-site circumstances and (3) 'price data', a more accurate assessed value can be known.
During your visit, we will look at the building and site conditions and carry out a detailed valuation.
Because you can ask questions to our sales staff on the spot, it is also possible to get a concrete idea of the sales process.
After the on-site valuation, we will also propose four plans to you.

1, Purchase service (We become the buyer and purchase the seller's property. As there is no need to
search for a buyer, an early sale is possible with a minimum of procedural steps).

2, Speed sale plan (we conduct sales activities at 95-105% of our local appraisal price and aim to sell
within three months).

3, Standard Sale Plan (We conduct sales activities at 105-110% of our on-site valuation price and aim to
sell within six months).

4, Challenge Sale Plan (We set the price by determining the balance between our on-site assessed price
and the customer's sales asking price.)

We will then conduct sales activities and aim to sell within six months.
(Depending on the market trend and the enquiry situation, it will however be proposed to revise the price).

Q

What is an AI property valuation?

A

An AI valuation gives you a rough idea of the value of the property.
Based on the input information, property information that is considered highly similar is extracted and a price is calculated. Individual factors are not reflected, so please contact us for more information.
In addition, the property AI valuation is a new service in which AI (artificial intelligence) automatically caluculates the price of the property by means of an appraisal calculation when the information on the property to be sold is input.
A large number of AI valuations reads a vast amount of transaction data,including property types such as condominiums and detached houses, past and present sales cases, and official prices announced by the Ministry of Land, Infrastructure, Transport and Tourism, analyses trends, and automatically calculates the assessed value of the real estate to be sold.
In order to assess real estate with AI, the transaction data read by the artificial intelligence is important.

Q

What kinds of brokerage agreements are there?

A

There are three types of Intermediary agreement:, Privileged and Exclusive Brokerage Service Agreement, Exclusive Brokerage Service Agreement and Non-Exclusive Brokerage Service Agreement.
Although the basic content is the same, there are features for each, such as whether or not the frequency of reporting a sales situation to the seller differs, whether or not mediation (intermediary) can be requested from two or more parties, and whether or not a direct sales contract can be concluded with the would-be property buyers whom the seller discovered on his own.
Please confirm the contents and features of an intermediary agreement well, inform a real estate company of your intention exactly, and conclude an intermediary agreement.

■ Features of Privileged and Exclusive Brokerage Service Agreement
Under privileged and exclusive brokerage service agreement that a client (seller) can only request mediation ( intermediary) to one real estate company, and it is not possible to request it to other real estate companies.
When selling off real estate, only one company which concluded privileged and exclusive brokerage service agreement is requested to take a take all procedural steps. Even when the seller finds a buyer, it sells off through the real estate company which concluded privileged and exclusive brokerage service agreement.

■Features of Exclusive Brokerage Service Agreement
It is a contract almost similar to Privilege and Exclusive Brokerage Service Agreement, but when the seller himself has discovered a buyer, it can contract directly without passing through the real estate company.

■ Features of Non-Exclusive Brokerage Service Agreement
It is a contract under which the client (seller) can request mediation ( intermediary) to two or more real estate companies.
As well as Exclusive Brokerage Service Agreement, when the seller himself has discovered the buyer, it is possible to contract directly without passing through the real estate company.
Ultimately, a deal is advanced with a single real estate company.

Q

Are there any costs incurred when requesting a sales activity? Also, in the unlikely event that a request is made and it does not sell, will costs be charged?

A

This is all free of charge.
Please feel free to consult us as there is no charge even in the unlikely event that it does not sell.

Q

How is the brokerage fee calculated?

A

According to the Real Estate Brokerage Act, the following is set as the upper limit for the brokerage commission ( intermediary charge) of a real estate company at the time of the purchase and sale of real estate.

■ When the transaction property price (excluding tax) exceeds 4 million yen
Transaction property price (excluding tax) × 3% + 60,000 yen + consumption tax

■ When the transaction property price (excluding tax) is between JPY 2 million and JPY 4 million or less
Transaction property price (excluding tax) x 4% + ¥20,000 + consumption tax

■ When the transaction property price (excluding tax) is JPY 2 million or less
Transaction property price (excluding tax) x 5% + consumption tax

*The indicated price of the property is the total price (including tax). Brokerage fees are calculated based on the property's price excluding tax.
In the brokerage of a real estate transaction, the brokerage fee is paid to the real estate company when the sales agreement is signed. It is therefore not necessary, in principle, to pay a brokerage fee to a real estate company until a sales agreement is concluded.

Q

When will I receive the proceeds of sale?

A

In general, the proceeds of sale are received in two instalments, once at the time of contract and once at the time of delivery of the property. 5-10% of the sale proceeds are paid at the time of contract and the remainder at the time of delivery of the property.

Q

I have a sudden need for a large sum of money and am considering a quick sale, what should I do?

A

There are means of having the property bought by a real estate company. If the transaction is direct, it is possible to sell the property without incurring a brokerage fee.
In addition, there is the advantage that the seller has no liability for defects.
However, if it is a purchase, the price will be about 70-80% of the market price.
If you want to sell the property at a slightly higher price than the market price, you may be able to sell the property at an early stage by selling it at a slightly lower price than the market price.
In our company, a property valuation in line with your wishes is possible, so please do not hesitate to contact us.

Q

Can a proxy also sign the contract?

A

It is possible for a proxy to complete the contracting process. However, a power of attorney and other documents are required, so please consult our sales staff.

Q

With which experts do you cooperate?

A

Our long-standing relationships with tax accountants, lawyers, judicial scriveners, administrative scriveners, land and house investigators, first-class architects and real estate appraisers enable us to offer a wide range of consultations.

Q

Will there be any property tax in the year the property is sold?

A

Property tax is levied on the owner as of 1 January of the year. Hence, in some cases, you will receive a tax notice even after the sale. However, at the time of the transaction, the buyer will receive the amount calculated on a daily basis, with the date of delivery as the reference date.

Q

When sold, what taxes are levied?

A

Our sales staff can answer general questions about the system and other general details.
Further details on specific cases can be consulted free of charge by our tax advisors. Kindly use this service.

Q

What is home staging?

A

Home Staging is a sales technique that aims to sell a home at an early stage and on favourable terms by furnishing and arranging rooms so that prospective buyers can more concretely visualise their lives after moving in.
In the USA, where there is a large volume of existing homes in circulation, this has long been used as an effective method when selling real estate.
In the sale of an existing house, the 'first impression' is an important point when the buyer inspects the house, and this method leads to a sale on favourable terms.

Q

When should I stop the gas, water and electricity contracts?

A

The seller is responsible for lifeline-related costs until the day before delivery, so the seller need to carry out the contract cancellation procedure the day before delivery. If the property is currently vacant, it may be acceptable to cancel the contract regardless of the date of delivery, depending on the buyer's circumstances. Please consult our sales staff for more information.

Q

There are defects in the facility (air-conditioner, water heater, bathroom, kitchen, etc.). Do I need to repair them in advance?

A

At the time of contract, we will prepare an Facility List and ask the buyer to check the condition of the facilities. At this time, it will be decided whether to repair or remove the items at the seller's expense.

Q

The property I wish to sell has a tenant that is in delinquency on rent, can it be sold in that condition?

A

It is possible to sell the property.
We will ask you for details of the delinquent situation.

Q

Can I sell my property without anyone knowing?

A

It is possible to sell discreetly without any advertising or public announcements.

Q

Is it possible to sell shared equity?

A

Selling shared equity without the consent of co-owners is legally permitted, so proceeding with the sale is possible.

Q

Is it possible to continue living in the property as a tenant after selling it?

A

A leaseback, is a contract between a seller and a buyer where the former sells a property to the latter and then enters into a second contract to lease the asset back from the buyer. Therefore, it is possible to continue living in the property after selling it.

Q

Does the amount of taxes vary depending on the timing of the sale?

A

The taxes vary depending on the duration of ownership.

Q

Can I sell a house with a mortgage?

A

Yes, You can sell your house even if you have an existing mortgage.

Q

Is it necessary to sell after the appraisal has been conducted?

A

There is no obligation to sell, and it's entirely up to the customer.
However, factors such as market changes can affect the appropriate timing for selling. If you have any questions, please feel free to contact us.

Q

I have signed a brokerage service agreement but wish to cancel it. Would I still be required to pay the brokerage fee in this situation?

A

There won't be any brokerage fee, but in the case of an "exclusive brokerage service agreement" or a "privileged and exclusive brokerage service agreement," there may be charges for incurred advertising expenses.
It's advisable to provide clear advance notice to the real estate company if you do not intend to continue the listing and provide reasons, as this can help reduce potential issues.

Q

I'm considering selling a property and would like to consult with a real estate company. Is there anything I should prepare?

A

For the consultation itself, there is no need for any specific preparation.
However, for individuals who are actively considering selling, please have the following documents ready: a valid identification document, personal seal, seal certificate, residence certificate, property registration certificate, tax notification, and a ledger for existing buildings (which can be obtained from the local authorities).
Since there are various documents involved, please feel free to contact us if you have any questions.

Q

How much does it cost to sell real estate?

A

In general, it is estimated that the cost will be around 4% to 6% of the sale price. We recommend starting with an appraisal of the property you want to sell.

Q

I have lost my property registration certificate. What should I do?

A

The property registration certificate is only provided upon the completion of the registration process. If there are any issues or requests for non-disclosure during the registration application, it may not be reissued in the future.
Therefore, if it becomes necessary during the registration procedure, the registered owner will need to prove their identity through alternative means. Please feel free to contact us.

Q

How long does the appraisal process for selling take?

A

There are several types of appraisals available. You can try our AI appraisal, which takes as little as 60 seconds and requires input for approximately five items: https://www.wa-mare.com/assessment/
For on-site appraisals (detailed assessments), it takes approximately 2-3 days.

Q

Do I need to be present on the closing day when selling? Is it possible to appoint a solicitor to handle the procedures on my behalf?

A

Once you have prepared the necessary documents and scheduled a web meeting with the solicitor, it is possible to engage the solicitor for assistance.

Q

Are there any costs associated with the sale?

A

Mainly,
Brokerage fee
Stamp duty
Mortgage discharge costs
Home loan repayment fees
Capital gains tax
House cleaning expenses, etc.

Q

How long does it typically take from initiating the sales process to the closing when selling a property?

A

The timeframe for completion can vary depending on the condition of the property being sold and the selling price, but it is possible to complete the process in as little as one month.

Q

Is it necessary to include a liability for non-conformity with the contract?

A

According to the Japanese Civil Code, the provisions regarding liability for non-conformity with the contract are discretionary. If the parties have reached an agreement that differs from the content of those provisions, the agreed-upon terms take precedence.
However, it is inappropriate to exempt the seller from liability when the seller was aware of the non-conformity of the contract but did not disclose it to the buyer. Therefore, the effectiveness of an agreement to exempt liability for non-conformity with the contract will be denied.

Q

Is it possible to sell it without renovation after the tenant has moved out?

A

It is possible to sell it in its current condition.

Q

Do I have to sell the property at the appraised price when actually requesting the sale?

A

The appraised price is a reference value calculated based on the surrounding market conditions and the years of experience of real estate companies, so there is no need to list the property for sale at the appraised price.

Q

Is it possible to sell real estate while living in it?

A

Yes, it is possible. In the case of used properties, many people sell while still living in them.

Q

Will the appraisal price vary among different real estate companies?

A

The appraisal prices can vary depending on the real estate company.
The appraisal price is an estimate of how much the property can sell for, and it can vary based on the real estate company's market expertise, knowledge, and awareness of market fluctuations.

Q

If I want to sell quickly, what should I do?

A

There is a method of selling through a real estate company that offers direct purchase. It allows for quick cash realization and benefits such as no brokerage fees and no liability for defects when dealing directly with the real estate company. On the other hand, the disadvantage is that the selling price may be around 70% to 80% of the market price.

For Rent/Management

Q

How can I entrust the management of my property?

A

Click here for information on the steps involved in outsourcing management.

Q

What are the problems associated with owning a property?

Q

What does property management entail?

Q

Is it possible to view online the status and construction of the property to be managed?

A

Yes, you can check the status of your property online.
(If you live in an area with a time difference from Japan, please check our opening hours.)

Q

I bought an ownership change property. I am worried about when it becomes vacant.

A

Our property management department can make various suggestions and manage the property.
As we have a number of leasing partners with whom we have a proven track record, we are ready to consult with you immediately.

Q

Can you provide consultation even though I am a non-Japanese national and don't speak the language?

A

We have a number of non-Japanese staff and can provide multi-lingual support.
You can consult with us about property investment and management without any language barriers.

Q

I own property in Japan, but I am not sure whether I should sell the asset instead of managing it as a rental
property. Can you consult with us?

A

As an integrated real estate company with many transactions, we can help you from the perspective of both property management and sale.
To discuss the sale of your property, please click here.

Q

As I have been relocated, can I rent the property for a limited period of time?

A

It is possible to rent the property for a limited period of time.
A fixed-term tenancy agreement is available. For more information, please consult with our staff in charge.

Q

What are the preferences of Japanese people regarding rental properties?

A

In rental properties, the most common requirement for both men and women is having a "separate bath and toilet." Taking a bath is a Japanese custom, which makes this feature a preferred choice.
The second most common preference is for properties on the "2nd floor or higher." It is because of security reasons and to avoid being in direct view of pedestrians. Additionally, factors such as sunlight and preventing pest infestations influence this choice.
Other essential features include "indoor washing machine placement," "automatic door locking systems," and " delivery boxes." Security-related amenities are highly valued, and the increasing demand for receiving deliveries, especially with online shopping, has made "delivery boxes" a top choice."
Additionally, regarding layout preferences, there is a growing trend towards layouts where the kitchen and living areas are separate, known as 1K, and "flooring," which is easy to clean.

Build Up

Q

Is it possible to ask for services from the purchase of land to planning, design and construction?

A

Yes, all of these services are available.
In addition, upon request, we also manage the property, and we would be happy to consult with you about this as well.

Q

Is it possible to consult on renovation, etc. after the purchase of a property?

A

Yes, our architectural design department is available to cover all stages from planning to design and construction.

Q

Are there any charges at the consultation stage?

A

No, without charge. Please feel free to ask for a free consultation.

Q

Is it possible to delegate the work from the design stage?

A

Of course!
Our architects in charge will carefully provide you with a variety of different planning options after hearing your requests directly from you.

Q

In which areas can I request construction work?

A

Basically, construction is available in the areas of Tokyo, Kanagawa, Saitama and Chiba prefectures.
Other areas can be consulted on one-to-one basis. Please feel free to contact for more details.

Q

What kind of houses have you built so far?

A

We have a list of our achievements. Please see there by all means.

Q

Are there any follow-up services after the house is built?

A

Our architects will carry out regular diagnostics as a 'personal doctor', taking appropriate measures to protect the building where maintenance is required.

Q

In what process is a new building constructed?

Q

How long does it take from the start of construction to completion?

A

It varies depending on the size and type of building, but in the case of a house it takes about 4-6 months from start to completion.

Q

Can you help me find land and buildings?

A

Yes, absolutely.
In addition to our first-class architect's office and specified construction licence, we also hold a real estate broker's licence and are a professional real estate company.

Q

What are the conditions of 'subdivision lot subject to construction of a home'?

A

It is land that is sold on condition that it is built by a building company designated by the seller. For those who do not have a specific building company in mind, the purchase of the land and the design of the building can proceed almost simultaneously, enabling smooth construction.
On the other hand, if you want to freely choose a building company, you need to choose land without building conditions.
Note that it may be possible to remove building conditions depending on negotiations with the seller.

Q

Is it possible to discuss financial planning?

A

We can discuss both housing and asset management using real estate.
First, our staff in charge will assess your requirements and draw up a financial plan.
At that time, we will also explain the costs and financing options. After a firm budget has been set, we will plan and draw up a design and building plan to suit your requirements, so you can proceed with certainty.

Q

Are there any costs for an estimate or site survey?

A

Estimates and site surveys are free of charge.
Detailed estimates and ground investigations will only be provided once we have received your application for design and construction.

Q

Aren't wooden houses vulnerable to earthquakes?

A

No. Under the Building Standards Act, wooden buildings with new earthquake resistance (buildings for which building permits were obtained after the Building Standards Act was revised in 1981) are not weak, as they have the strength to withstand an earthquake of intensity 6 or higher. In the Kumamoto earthquake on year 2014, many old earthquake-resistant buildings (buildings for which building permits were obtained before the Building Standard Law was revised in 1981) were affected by two strong tremors that lasted for two consecutive earthquakes. With the right knowledge and technology, it is possible to rebuild old wooden buildings, even those over 100 years old, to be resistant to earthquakes if seismic reinforcement work is carried out. We are also able to carry out this work, so please feel free to contact us for more information.

Q

What types of construction can you do?

A

We can handle everything from demolition to renovation and new construction work, regardless of structure or type.

Q

What if I need to move my belongings from one room to another or need temporary accommodation?

A

We will first carry out a site survey to understand the location, scale, etc., and make suggestions and various arrangements. We will also do our best to plan how to minimise costs and living expenses.

Q

Is it possible to make changes during the construction process?

A

Basically, changes cannot be made during construction or after completion.
We will check every stage of the construction work as it progresses and do our best to prevent any changes from being made. In the unlikely event that you wish to make changes, if there are no physical, technical or legal problems, we will respond at a separate construction cost.

Q

Can you deal with the neighbourhood during the construction period?

A

Of course we can respond.
We will greet the neighbours well in advance of the construction work to avoid any problems and take the utmost care in dealing with the situation. In the unlikely event of a trouble, we will deal with it in good faith.

Q

Is demolition work also possible?

A

Yes, it is possible. We can handle everything from demolition work to new construction, renovation and building inspections (after-sales maintenance).

Stay

Q

When can I book a room at the hotel?

A

Please make a reservation at WAMARE KIKUKAWA HOTEL from the following link.
Airbnb

Q

Up to how many people can stay at WAMARE KIKUKAWA HOTEL ?

A

Up to 4 people can be accommodated; please let us know if you require more than five people.

Q

Can I stay with my pet?

A

We are very sorry, but we do not allow pets to stay in the hotel.

Q

How can I get to the hotel from Tokyo Station?

A

When using the train
4-minute walk from Kikukawa Station on the Toei Shinjuku Line.

○When using a taxi
About 3.9 km from Tokyo Station (approx. 1,380 yen).
About 2.1 km (approx. 740 yen) from Kinshicho Station.

Q

What are the check-in procedures?

A

We will send you check-in instructions by e-mail the day before your stay, so please check there.

Q

Can I leave my luggage before check-in and after check-out?

A

Unfortunately, we do not.

Q

Is it possible to arrive late?

A

Check-in is available until 22:00. Please inform us in advance if you will arrive late.

Q

When is the check-out time? Can I have a late check-out? How do I complete the check-out procedure?

A

Check-out time is until 11am.
If you wish to extend the check-out time, there is an additional charge of ¥1,000/30 min.
( This may not be possible depending on the circumstances, please understand this).
Since there is no specific check-out procedure, you can leave the accommodation by 11am.

Q

Are there any business licences for the hotel?

A

Yes, we have a licence complying with the Hotel Business Act. Rest assured that the accommodation is not an illegitimate private lodgings.

Q

Is food provided?

A

We apologise for the inconvenience, the hotel does not provide any food.

Q

What languages are available for enquiries?

A

Japanese, Chinese and English.

Q

Is smoking allowed?

A

We are sorry, but smoking is not allowed in or around the hotel.

Q

Are there any transfer services to/from the airport or hotel?

A

No, there is no transfer service.

Q

Is there anything I can borrow?

A

Not specifically.

Q

Are amenities and towels available?

A

We provide bath and face towels, but no other amenities.

Q

Is cooking kit and flavours available?

A

Cooking items are available, but no flavours for cooking are provided.

Q

Can I leave my bicycle or car at the hotel?

A

We do not provide either parking or bicycle parking.

Q

Is internet access available?

A

Yes, wireless internet is available free of charge.

Q

Is it possible to send luggage in advance?

A

We are sorry, but we do not support this service.

Q

Can I have the room cleaned during my stay?

A

Sorry, we do not provide a cleaning service during your stay.

Q

Do you accept credit cards?

A

Yes, VISA, Mastercard, AMEX, JCB and other credit cards are available through our booking site.

Q

Is there a discount for longer stays?

A

Yes, we apply a discount rate for consecutive nights if you make a booking through the Internet. Please make use of this discount when you stay for a long period of time.

Q

What should I do if I want to change my booking?

A

In principle, we ask that you make the changes yourself on the website where you made the reservation. In case changes cannot be made due to plans or dates, please contact us directly by phone or email.
Depending on the changes, there may be an additional charge or a reduction in the price. Please note that changes cannot be made on the day of check-in, therefore we kindly advise you to contact us in advance.

Q

What do I need at check-in?

A

If you are a non-Japanese guest, you will need to provide passports for every guest staying at the hotel.

Café/Restaurant

Q

Can I reserve a seat?

A

We are sorry, our restaurant does not offer seat reservations.

Q

Could you please give us the telephone number and address of the restaurant?

A

BleuMontagne (please see this page for details →)
Address: 1F Nogizaka Lilienheim, 1-26-16 Minami Aoyama, Minato-ku, Tokyo
Access: 1 minute walk from Exit 3 of Nogizaka Station on the Subway Chiyoda Line
TEL: 03-6804-3713

Q

Is the restaurant available for parties and for private party use?

A

Please feel free to consult with us 1 month before the date of your use, as it depends on the content and size of the event.

Q

What is the maximum capacity?

A

39 people for seated use, and stand-up meals can be arranged upon request.

Q

When are you closed and what are your opening hours?

A

On Sundays, opening hours are 10:00-18:00 ( Foods LO 17:00, Drinks LO 17:30 ).

Q

Where can I find information about the menu and prices?

A

You can find them here.

Q

What payment options are available?

A

You can pay by credit card (VISA and MASTER), electronic money (e.g. SUICA) and QR code (e.g. PayPay).

Q

Can I have information on allergy?

A

Please contact the restaurant.

Q

Is Wi-Fi available in the shop?

A

Yes, it is available.

Q

Is smoking allowed in the restaurant?

A

Our restaurant (including the terrace seats) is a non-smoking restaurant.

Q

Are pets allowed in the restaurant?

A

Pets are only allowed on the terrace, while guide dogs are allowed inside the restaurant.

Q

Can wheelchairs and baby buggies be used in the restaurant?

A

Please consult with us before hand as the restaurant is not barrier-free.

Q

Are there any age restrictions?

A

There is no age restriction. Everyone is welcome to use the restaurant.

If you have any other questions, please feel free to contact us.

Translation/Interpretation

Q

How long does it take to translate?

A

It depends on the number of words in the manuscript and the field of study, but a minimum of one week is required, including checking. If you are in a hurry, please contact us so that we can make some adjustments.
The number of pages that can be translated per day depends on the content, but is approximately as follows Japanese to English translation: 10-15 pages of 400 characters in the original manuscript English to Japanese translation: 2,000 to 3,000 words

Q

I need a translation urgently. Are there any additional costs?

A

It depends on the content and volume of the document.
Please contact us first to discuss the content and deadline.
No additional costs will be incurred if we can handle your request.

Q

I don't have a data manuscript, only a paper manuscript, can you translate diagrams and tables?

A

Yes, we can translate diagrams and tables. As much as possible, we will do our best to meet your needs.

Q

What is your confidentiality policy?

A

All manuscripts are treated in the strictest confidence.
We also have a confidentiality agreement available.

Q

Do you handle individual requests?

A

Of course, we do. Please note that we accept payment in advance.

Q

What happens if the quality of the translation is poor?

A

We have not had any such cases, but in the unlikely event of such a situation, we will refund your money as soon as possible.

Q

Can we have a face-to-face meeting?

A

If you wish, a member of our team will be happy to come to your office for a meeting, or we can arrange an online meeting via Zoom or Microsoft Teams.

Q

Do you also handle drafts that require translation, such as catchphrases?

A

Yes, we do.

Q

I would like to commission a large volume of work to be translated in a short period of time.

A

We can handle certain types of work, but we do not recommend short delivery times. In the case of short delivery times, we will only accept requests on the understanding that the quality of the work will be acceptable. Please understand this.

Q

I would like you to check the English only, is this possible?

A

Yes, we can. Depending on the manuscript, it may be quicker to translate it again. Please contact us for more information.

Q

Is it possible to work during weekends, New Year holidays, New Year's holidays and Obon holidays?

A

Basically, we are closed. Please understand.

Q

Is it possible to translate the Japanese text into a text that can be used naturally in the local language, rather than a direct translation of the original Japanese text?

A

We will first ask you about the content and purpose. Even in the case of intentional translations, we will translate the text in accordance with the content and purpose and deliver it to you.

Q

Is it possible to get a translation done as quickly as possible, with high quality and at a reasonable price?

A

We are very sorry, but it is very difficult to fulfil all three. We have a certain delivery time in order to maintain high quality. We appreciate your understanding.

Q

Do you handle requests from abroad?

A

Yes, we accept requests from abroad with an advance payment.

Q

How can I request a quotation?

A

First of all, we will take a look at all your manuscripts. The price quoted will vary depending on the number of words, layout and whether or not electronic data is available. Please feel free to contact us for a quotation, regardless of whether or not you have placed an order.

Q

What are your payment terms?

A

Payment is basically made upon confirmation and acceptance of the delivered translation document, after which an invoice is issued. Payment should be made by bank transfer by the end of the following month from the date the invoice is issued. Individual customers are required to pay in advance.

Q

Is the invoice sent by post or as a PDF file?

A

Basically, we send invoices by post, but we can send them in PDF format if requested. Please inform your contact person to that effect.

Q

Is there a minimum fee?

A

Please note that the minimum fee is JPY 15,000 (excluding tax).

Q

When will the invoice be issued?

A

We do not issue an invoice at the same time as delivery. It will only be issued after approval from the customer. The approval period is approximately one-third of the translation delivery time.

Q

What languages do you handle?

A

We work in English, Chinese (traditional and simplified) and Arabic. Please feel free to contact us for other languages.

Q

Do you ever use machine translation?

A

No, we do not use machine translations of any kind.

Q

Can you tell me the steps from requesting a quotation to payment?

A

For more information, please refer to here.

Q

How do you handle the disposal of paper output?

A

We shred the paper output and dispose of it securely.

Q

If the original document is changed or replaced during the order process, is there an additional charge?

A

In the case of major changes, we will provide a separate quotation. Please consult us at the time of any changes.

Q

It has been three months since the translation was delivered, but I have a question about the translation. Can you help me?

A

We guarantee the delivery of your document for a period of six months or less. Therefore, please feel free to contact us at any time. (This may not be the case if a specific contract or other agreement has been concluded.)
*Please feel free to contact us if you have any further questions.