Cyprus Property Gallery
Whether you are buying your first home in your life or this is your fifth purchase, it is important to know that you need to take certain steps in the process of buying and registering real estate. You must have a clear plan, where everything should be clearly described, all the stages from the inspection to the conclusion of the contract of sale, so that the purchase was successful.
1. Start researching the real estate market.
As soon as you have the idea to become a happy property owner, do not put it off and immediately start exploring the real estate market. First, of course, look at all the offers that are suitable for oligarchs, then smoothly go down to your price category.
Now, thanks to the Internet, you can see all the flaws and advantages of any property without visiting these households. In one hour, you can view more than a hundred houses without leaving your room. Agree it is convenient! You immediately cut off all the options that do not suit You, and focus only on the interesting options.
But do not flatter yourself, no matter how good the houses would look in the picture, you need to visit these objects and there is already everything specifically to feel, look, smell and look into all the cracks and holes.
Do not believe the photos and promises, always personally visit the selected homes
Do not believe the photos and promises, always personally visit the selected homes
Another aspect of viewing suitable homes. You need to focus on your finances. It’s not strange, but buying real estate costs money. Sometimes, very big ones. No, of course, there are cases when the happy owner of the property did not spend a penny, but, as a rule, such schemes are not available to most of my fellow citizens.
I will be only too happy if You have enough money of your own to buy real estate. But most people will buy a home with borrowed funds. This means that you need to take a sober look at your income and future expenses when you become a happy homeowner.
It is important to understand that you will need to set aside money for prepayment and other final expenses. Property buyers should start saving even before the stage of active consideration of homes.
That would not look for money at the very last moment, at the stage of registration of the transaction. Please note That your expenses are not only the cost of the house and state duty, but also subsequent repairs.
2. Check your creditworthiness.
Initially, use the mortgage calculator to calculate the amount of credit you can get. Contact the banks to apply for a loan. This way you will get pre — approval for using borrowed funds and find out exactly what documents you will need to get a mortgage.
Plus, you will know exactly the amount of all the money – personal and borrowed, which means that you will be looking for a suitable house based on the planned budget. Whatever you spend time looking at homes that you can’t afford.
Always be clearly aware of what kind of house you have enough money for and what kind of loan you can service, so as not to borrow too much and not lose real estate due to problems in the future
Always be clearly aware of what kind of house you have enough money for and what kind of loan you can service, so as not to borrow too much and not lose real estate due to problems in the future
Buyers who have pre-approval have an advantage over other property buyers who may just be about to get it. When the perfect option turns up, You will be one step ahead of them.
3. Find a good real estate agent.
There are plenty of reasons to hire a real estate agent when buying a home. The most obvious reason is that it will not cost the buyer any money until the transaction is completed!
Your real estate agent must be a professional. To help you with securing financing (if necessary), help you negotiate the best price and terms, and should also be Your trusted Advisor during the process.
125 просмотров всего, 1 просмотров сегодня