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Buying a property is one of the most important,
personal and economical, desicions in our life. Bellow we appose
usefull information and advices for the whole procedure of buying a
property.
Prepare yourself to buy
Now that you
decided to make a purchase, your first effort is to make a marketing
research in the area or areas that informs you. The ideal manner to
make that marketing reasearch is the experts contribution, people who
are putting the specific area and they know very well the lows and the
features of that area.
It is very important to prepare yourself and to put him in the
procedures and the requests that needs a thing like that, before you
begin searching a realty.
For example, that to rent a house is cheaper than to buy it. However in
our days, with the competition in the Banks and their offers for
housing loans, happens exactly the opposite and note that with about
tha same money and the house remains to you!
But buying a realty is very serious to face it light.
It is well your interest to attend and to cooperate with a professional
Real Estate Agent, who has the experience and knows very well the area
you have decided to choose for buying.
On your first contact, the professional Real Estate Agent, will make
you a typical informing for the area you have chosen, the realty prices
in that area, the transport, the schools and the environment places
etc. .
It is also important to have an economical informing before you begin
looking for realty, that maybe it price gets over your monthly
economical payment abilities.
Thus you can organize and the money that you are going to need for the
deposit, your lawyer, your notary and there that are agoin to estimate
from the Bank, with reference to borrow the ammount of yor house buying.
A good and trustful Civil Engineer it is essential to exist bevause he
will give you information and advices for the realty you are
interesting and for the laws of the Town-Planning Service that rule in
that location. Then it is much better for you.
Your Borrowing ability
TO have a good borrowing history with the banks will sure make the things easier in the succesion.
The Bank in every borrowing counterbalance two parameters :
1. The customer (evaluation of the borrowing ability)
2. The realty (estimation the merchantable & legality)
(The realty merchantable for the Bank is about 8% lower than the market price).
Essential requirement to grant the Bank a loan is to exist sufficient
and stable means. Only with the realty it is NOT given an economical
acceptance.
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