What Should You Pay Attention to When Buying a House?
Buying a house is one of the biggest decisions of your life, both financially and emotionally. Taking every step you take in this process consciously and planned minimizes possible risks. First of all, check the accuracy of the title deed. This document, which shows whether the house really belongs to the seller, prevents possible fraud. At the same time, be sure to check whether there is any mortgage, seizure or annotation on the title deed.
zThen get an appraisal report. Thanks to this report, you can access important information such as the real market value of the house you are considering buying, its structural condition, soil survey and possible level of wear and tear. Appraisal is a step that the bank also requires, especially if you are buying with a bank loan.
If you are going to use a loan, compare interest rates and repayment plans. Before applying for a loan, examine in detail the different maturity options, expenses and total repayment amounts offered by banks.
In addition, the age of the building, building inspection documents, occupancy permit, zoning status of the region, proximity to the transportation network, and social facilities in the surrounding area (such as schools, hospitals, markets, parks) are also among the factors that affect both your quality of life and the future sales value. The attention you pay to the details guarantees both your current security and the investment value of tomorrow.