Stories have been made of how a friend was scammed of some thousands of money while trying to purchase a property. This has made a lot of people scared of making a purchase. Below are some tips to help you make wiser financial decisions.
Do a site visit. Get to know what you are purchasing, its location and its neighborhood. This is to avoid buying what does not exist.
Perform due diligence on the property. This involves conducting a search of the property with the local authorities, to know the history of ownership and whether there are any local plans that might affect your land.
Land rates. Ensure that the land rates have been paid to avoid legal complications with the authorities.
Know the transactional cost involved. Before purchasing land, ensure that you clearly get the cost you have to incur to avoid additional expenses.
Do not make payments directly to the agent. Ensure that you have signed the legally binding documents with the owner and with a lawyer if possible.
Finally, you can work with professionals like lawyers and surveyors. Reason being, they are conversant with property laws and important details you need to note concerning a property.
Visit our website @wazuryrealestate for amazing offers now that you are aware of how you can be a property owner, safely.
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