Imagine the property of your dreams, what does it look like? How many rooms does it have? What is the kitchen like? Does it have a garden, or maybe... a balcony? Now, imagine living there... surely you already have an idea of how you would like your house or apartment to be, but now how are you going to get it?
The decision to buy a property is one of the most important in life, so it is necessary that you prepare very well before starting this adventure, planning and correct advice will be the key.
We could say that the process to buy a property is simple and takes a few steps, but we would not be right, although it is an exciting adventure, it also hides many pitfalls, to support you on this journey, we bring you:
7 tips to help you buy the property of your dreams.
1. Define your budget.
Our advice is to first establish a real value of the amount you can pay, based on your income, savings and your expenses. Knowing this, you will be able to define the percentage of your income that you can allocate to the purchase of the property and thus start your search.
2. Choose your payment method.
Knowing your budget to buy your new home, it is necessary to define how your home payment method will be. Contemplate each of the options you have based on your possibilities. WHETHER YOU PLAN TO PAY WITH YOUR SAVINGS (CASH), THROUGH A MORTGAGE LOAN,
BANKING, OR THROUGH OTHER METHODS.
3. Define your needs and future plans.
Acquiring a home is a step that will define your future and that of your family. Make a wish list of what you would like on
your new home, not only consider your current concerns and requirements, but it is very important to take into account your future plans, this will help you:
4. Define your purchase advisor.
- Protect your financial stability.
- Avoid difficulties, short and long term.
This point may not seem as important to you as the others, but it may be vital that seeking advice from a professional when buying our house can save you many difficulties, headaches, and even scams!
It will also help you save money on the purchase, negotiating on your behalf and defending you as a client. Let us suggest that you do not buy without an agent who represents your interests and defends you on your behalf.
To act for and for you, advising you throughout the process, paperwork and legal issues. At Gandhouse, we make available our ABR agents who offer you everything you need.
REMEMBER THAT WHEN CHOOSING YOUR REPRESENTATIVE, IT IS KEY THAT THEY GENERATE SECURITY AND CONFIDENCE, SINCE THEY WILL BE YOUR GUIDE THROUGHOUT THIS IMPORTANT PROCESS.
5. Get several housing options.
Once you know your budget, and what characteristics you are looking for in a home, both now and in the future, the search begins. Our recommendation is that you do not stay with just one option.
YOU MUST THINK CLEARLY BEFORE CHOOSING THE ENDING AND DON'T GET CARRIED AWAY BY THE EMOTION OF THE MOMENT, BE PATIENT, AND DON'T GIVE UP IF YOU DON'T GET WHAT YOU'RE LOOKING FOR IN THE FIRST VISITS.
When making the visits, remember your needs, visualize yourself living there, analyze how you feel, and make a correct decision.
As you see various options, you will add criteria, compare benefits and disadvantages, see the whole picture.
In this way you will acquire more knowledge and know the real value of the properties according to their characteristics; This will help you avoid some sort of home price trap set by landlords.
6. Evaluate the location.
From Buyer Home Place we advise you not only to keep an evaluation of the property as such, but also to observe and analyze its location, you should ask yourself questions such as:
• is it a safe area to live?
• What basic services are nearby?
• Does it have entertainment venues?
• do you have access to public transportation?
• What is the distance to a school, pharmacy or my job?
Location is a very important factor when buying a home, it influences the capital gain of a property, which is defined as the value of a property that increases over the years.
IN SHORT, YOU DON'T JUST KEEP THE ADVANTAGES OF HOME, GO FURTHER AND TAKE INTO ACCOUNT YOUR SURROUNDINGS, BOTH FACTORS SHOULD BE OF EQUAL IMPORTANCE IN YOUR FINAL DECISION.
7. Verify the legal and urban condition of the property.
For no reason should you ignore this advice once you are in the purchase process, keeping it in mind will prevent you from falling into a scam.
IT IS NECESSARY THAT YOU REQUEST THE TITLE OF PROPERTY OF THE PROPERTY, TO KNOW IF THE SELLER IS THE LEGITIMATE OWNER OF THE HOUSE.
It is essential that you know the legal status of the property, but why is this so important? It is because it will help you verify that there is no current mortgage, encumbrance or other reason that prohibits the sale of the property you wish to acquire.
We hope that this guide with 7 basic but very important tips will help you to acquire the property of your dreams in a safer and calmer way.