The Most Important Things to Think About When Buying A House

Buying Property could be a big investment. Therefore, there are many things to contemplate when buying a house, and you would possibly find it hard to choose on which house to shop for and within which circumstances.
You need to think about everything intimately and elaborate on your decision, because even the tiniest mistake may cause serious risks for the client and seller alike.

Whether you're the customer or the vendor, there are many criteria you would like to cope with. As Property Superiors, we’d wish to discuss some key points:

 

• Clearly identify your budget and the way much flexibility you'll be able to be
• Elaborate all the choices,
• Check if there's a mediator for the house you’d wish to buy,
• Research whether the home is suitable for housing credit,
• Compare the quotation with the value,
• Ask if there's hypothec or levy on the house,
• If it's newly painted, check if there's humidity.

Things you must consider when applying for a housing credit:

• Compare different credit options,
• Prepare your payment plan in line together with your budget,
• Learn expenses for file and insurance,
• Investigate additional products like credit cards or automatic payment orders.

Don’t Buy a House Without a Building License

One of the primary things to contemplate when buying a home is whether it's a building license or not. In fact, the law forbids the sale of homes without a building license -however, you continue to must take care.

Ignore the vendor if they assert the licensing process is taking long or they will sell it with a receipt or deposit, instead you’d be investing in a very project that may never be completed. Besides the building license, study the occupancy certificate and construction servitude.

Investigate the Earthquake Risk

Many areas in Turkey are within the high-risk zone. Therefore, one in all the most things to contemplate when buying a home is how risky the realm is. Houses with high risk are gentrified as per the law. If you purchase a risky house, you would possibly know it'll be bulldozed to the bottom. Therefore, it remains collectively of the important things to think about when buying a house.

 

See The House Yourself

No matter how detailed the photos or videos are, they could trick you. If you're visiting buy a house that's still in construction, ensure you elaborate on the project details. Nowadays, there are graphical visuals called RENDER. Seeing only the mini model houses will be risky.

Check the Hypothec and Levy Records

Legal things to contemplate when buying a house constitute high risks. If there's hypothec or levy on the house, you'll face serious problems within the future. as an example, the house may well be sold because of the constructor’s debt. Therefore, ensure the home is freed from hypothec and levy.

 

Things to contemplate When Buying a House that's Newly Constructed

If you’ll buy a brand-new house, make sure that the vendor company is reliable. Don’t forget to review their portfolio and references. stand back from badly reviewed companies or firms that didn’t complete the projects.

You might must bear unexpected expenses when buying a brand new house. ensure there's no humidity within the newly painted apartments. Learn the monthly fee before signing any paper. Confirm the gross and net sizes of the house are written within the contract. Unless it's a turn-key house, ensure you add the delivery date within the contract.

One of the hings to think about when buying a house for citizenship purposes is that the additional fees. Realista Turkey guides you thru all of the legal processes.

 

How to Choose Facade

One of the items to contemplate when buying a home is the direction it faces. There are unique cons and pros of south and north facades. Houses that face the south are more likely to heat well. If you wish a warm house with many daylight, prefer south facades. However, it'd get too hot during summertime.

Houses facing the north are cheaper. If the front room and bedroom face the north, you may lack sunlight in your living areas. However, northern facades may be more suitable in areas with cold and wet winter.

Title-Deed Related Things to contemplate When Buying a House

Checking the deed of conveyance is among the important things to think about when buying a house for a smoothly progressing process. you'll be able to visit the Directorate of Land Registry for any question you may have in mind. Check the Turkish Catastrophe Insurance Pool policy, tac debt, and also the occupancy permit. Negotiating with the vendor about the payment of the deed of conveyance fee can prevent time.

 

Additonally, when declaring the house to the Directorate of Land Registry, you want to state the value you paid to eliminate any future risk.

Who Should Pay the deed Fees?

The seller can come to terms with the client on who pays the deed of conveyance fees. If they can’t agree on this issue, they'll share the expenses. The title fee is capable 4% of the property price, which the parties can share as 2%.

How to Pay When Buying a House

There are different methods you'll follow when paying for the house. You run the best risks if you select payment personally. Therefore experts strictly suggest you ignore this method unless there's absolute trust between the customer and seller.

Another method is transferring the cash to the seller’s checking account using EFT. the client should write the address within the description box and state that it's a payment for the important estate sale.

Title deed interchange and blocked check methods also are widely used. Those who’d just like the follow the previous can receive an electronic payment number on E-Devlet. The payment is transferred to the Takasbank account, then to the vendor when the deed of conveyance processes are complete. within the blocked check method, the client makes an invitation to the bank of their choice, then the vendor removes the blocking after the notary procedures. Both of those methods are designed to safeguard the buyers and sellers alike.