Buying of properties is quite different from
purchasing food items on the go. You have to think through deeply to make sure
that you have made the right choice. Also, you have to carry out a thorough
investigation about the property. To do this, you need to demand for the title
documents(house documents) to verify independently the validity of the
documents and the ownership of the property.
INITIATE INVESTIGATION FROM THE START
As you are shown property, ask the following
questions:
1. Who
is the owner of the property? If possible find out his name
2. Why
is he selling?
3. Does
he live around?
4. Who
sold to him?
5. Is
the family aware that the property is for sale?
Granted, you may not get direct answers to all your
questions on the spot. Therefore, I advise that you revisit the site and
inquire from neighbours about the name of the owner as well as the history or
background of the property. Neighbours serve as the best informants.
You have to take note of information provided
because you need it for comparisons:
1. Compare
neighbour’s information with that of the agent
2. Compare
the information on your finger tips with the house documents.
Examine the title documents carefully. Is the name
on the document same as the one selling?
If there is a difference, then you need to stand back and pose a question to
the supposed seller: where is the person whose name appears on the document?
On the other hand, if
the comparison reveals similarity in identity then you can relax your mind and
proceed with the transaction. In case, you didn’t understand any part of my
explanation, feel free to drop a comment below or email me on rutherfordchidi@gmail.
ComView our properties listed for sale at:www.facebook.com/propertytycoons
Call 07054107283
YOU MAY ALSO LIKE
The best design for room and parlour selfcontain
Why you need a competent contractor or property consultant