Tips On Buying A Property

Tips On Buying A Property

  1. Determine your budget / affordability
  2. Finding your desired property
    • Identify areas of preference
    • Research on the targeted areas to appreciate the existence of public amenities
    • Go on a hunt for the house, Real Estate Agents can assist
  1. Once you identify the property you like, carry out due diligence
    • Existence of title deed, confirm purported seller is the rightful owner or has clear authority to represent seller.
    • Check for any encumbrances or caveats on the title deed, and if any, how they will be discharged of.
  1. Make an offer, an Agent can assist you on determining fair market value for the property.
  2. Once offer is accepted by the seller, you proceed to having Agreement of Sale prepared and signed, thereafter.
  3. Make payment as per agreed mode, could be mortgage or personal funds paid through the selling Agent into a trust account.
  4. Rates clearance and Zimra clearance are done before transfer.
  5. Pay transfer fees and have the property registered in your name.

This process may vary due to different circumstances that may exist. Feel free to contact us for further information as per a specific sale.

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