Everybody’s’ desire is having their own house. Even though todays’ economic circumstances are hard to deal with, you can buy your own house just like paying rent!
What needs to be considered when buying house and how do we choose it?
The answer is;
1- You need to decide your budget first.
2- You need to compare and contrast all options.( Location, Price, Size, Floor)
3- You need to consider if there is a mediator or a real estate agency.
4- You need to research if it is suitable for house loan.
5- You need to compare the house you considered buying to market value.
6- You need to ask if there is hypothec or warrant of distraining in the house.
7- If you are going to buy a newly painted house, you need to check if there is humidity in the house.
8- You need to consider transportation options and social domain nearby the house.
9- You need to research enviroment and neighbors.
10- If there is hirer in the house that you consider buying, think about rental agreement conditions.(Renter might be problematic)
***If you are buying a house with warrant of distraining you will never be able to get the deed of the house. If the house is with hypothec, you can have got the deed of the house as long as you accept the hypothec. You cannot get a loan from bank.
***When you decide to buy home, you have to decide which one will pay the deed feed. Unless there is an agreement between the parties, the deed feed is paid by the parties together. However, buyer is expected to pay deed title sometimes.
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