When you decide to buying a property your own home you always need a thousand confirmations. That’s why you are always looking for a good list of useful points to observe to avoid nasty surprises. The precautions for buying a house are never enough, don’t you agree?
Definitely. So I decided to compile this list of good practices and questions to ask the right people. Before continuing a clarification: however useful these comments may be, remember that you cannot disregard official legal opinions of notaries and lawyers.
Who is the real owner of the house?
This is the first point to check: you cannot proceed towards the purchase if you do not have security on this point. Who is the real owner of the property? Who is it made out to? Are there other people who may have rights on the four walls? Do not take risky steps if you are unsure of this step. Security is never enough when looking for such confirmations.
What is the value of the house you buy?
Do not take the most important steps of your life – those that will lead you to buy a home – without having personally evaluated the real value of the property. The customer can give a price and you are in charge of checking if it meets the economic criteria.
The free online property evaluation calculators that you find online are not always valid: in addition to considering the presence of particular benefits (recent renovations, garage, terrace, neighborhood) it can always be useful to deal with real estate agencies and experts in the sector.
Everything in order for urban planning and land registry?
Can technicians confirm that your house is up to date with what concerns the land registry? Before buying a property in Curacao, remember to make a cadastral plan to check if what has been deposited corresponds to what actually resulted in practical terms. As the Revenue Agency website suggests:
Are there any slopes on your new home?
This could be the real problem. It is not enough to insure and confirm the real owner of the dwelling, you need other confirmations. Like those on any hanging loads on the four walls. There are liens like mortgages , seizures and foreclosures that you can’t ignore. Notaries can help you solve these problems but you must always investigate before buying.
Do you have structural problems to solve?
Often it is not enough to visit the structure once or twice to understand if it is actually valid. The precautions for buying a house provide something more. For example, the evaluation of a highly qualified and independent person to understand if the house is actually valid.
And, above all, you must make sure that the verification confirms the structural goodness of the house. It would be a problem to find yourself with a newly purchased home that cannot be inhabited. Do you know what increases the value of a home? There must be no hidden surprises.
Remember to evaluate the investment well
Often when you decide to buy the house of your dreams you have only one goal: to satisfy your desire. But before taking the decisive step, and signing the papers necessary to declare yourself owner, you must fully evaluate the volume of the necessary investment.
Emotional transportation can be misleading, you must not only evaluate the mortgage payment but also what this monthly expense entails. For example: will such a commitment be sustainable in the face of an unexpected event? Has the notary’s cost been assessed? What about taxes?
Have you already assessed the costs of the sale? Are renovation costs necessary to adapt the structure to your needs? What is the real amount of all this? Don’t take the longest leg step, this is the first of the home buying precautions.
Have you chosen your real estate agency?
Can you proceed without a good real estate agency? Certainly the comparison with the professionals of the sale of a house can make the difference. The precautions are clear: before choosing your home better make sure you work with the right people.
What precautions to buy home?
These are my observations, the advice I want to give to those who decide to buy a home permanently. There is a mortgage to pay, you have to face significant expenses. But there are those who can help you to overcome the uncertainties: a real estate agency like The Real Estate Curacao is perfect for those who want to buying a property a house in an enchanted corner of Curacao. Do you agree? How do you move?
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