July 6th, 2020
YOUR FIRST PROPERTY
Buying the first property is a big step and always generates many expectations.
This decision is very important and needs to be made very carefully.
Choose the location first. It is from there that the process begins. With the location in view, do research.
If the region is already familiar to you, and you already know the pros and cons of the region, now just search for the property that best fits your needs.
If you are migrating to a new region, do research. Talk to your future neighbors to get to know the region better and not be surprised. Conveniences such as a pharmacy, market, hospitals and nearby public transport should be considered.
The next premise is to decide on the type of property. New or Used.
If you have a deadline to move, the ideal is to opt for a ready-made property. There are many offers on the market, but look carefully before committing. Some properties have been in existence for a few years and this may result in unscheduled expenses, such as updating the electrical system, hydraulic system, roof, and other minor renovations. Consider all this before deciding on the property. If possible, take a professional with you (engineer or architect, or a trusted mason)
With the location and property defined, now it’s time to check the property’s documentation.
Hire a real estate agent to assist you. He is an expert and will make the shopping process smoother and safer.
Check carefully if everything is regularized. This can generate costs, but it is better to spend a little now than to be surprised by some ban in the future.
Everything decided. It remains now to define the form of payment.