Top Tips to Beautifying your Garden this Christmas
- 18 December, 2020
A beautiful garden is one of the most welcoming things every home can boast of and if you do not have one,…
Buying a new property is a huge investment, which requires caution and diligence. If the proper checks are not done, you can end up buying a property, which will not serve your needs. By preparing a checklist, you can make sure that you buy the right property, making a good investment.
This is one of the first points that needs to be considered. Properties are huge investments, therefore it is important to have a fair knowledge of how you will finance that new house. Some people have the means to purchase a property upfront, whilst others need a mortgage to acquire a new house.
It is important to read about mortgages and how they can be accessed in Ghana. A number of banks and other financial institutions are ready to take interested individuals through the mortgage acquisition process. Repayment of mortgages is quite flexible, therefore it is important to speak to experts to educate yourself on the process, and how much you can spend, before you start searching for a property.
List your housing needs
Make sure you know exactly what you want to get out of your purchase. Make a list the number of rooms and amenities you will need in the new property. Do you need a single house, an apartment or a townhouse? Select a property type which will match both your current and future housing needs as well as your family size. If you will not live in the property yourself, consider what the average renter may be looking for in terms of size, number of rooms, and available facilities.
Before moving out to pick a new house, draw up a budget for the house that you will be purchasing. There are a number of property agents in Ghana; therefore it is easy to obtain the price of the property you are searching for. A number of house buyers do not research properly, they only quote prices of properties based on the amount of money they have, without paying attention to the true value of the property.
Get the help of a real estate agent
A real estate agent can help you to find the right property, which serves your needs. Real estate agents can also lead you to very good deals on the market, which you may not have been able to identify yourself. Professional real estate agents can also provide insight into the payment options for the property you are searching for and can even help you to negotiate with the sellers.
When inspecting the property, check out the wiring system, ensure the roof is not leaking and the rooms are the sizes that were advertised. Make sure the property matches what you are really looking for. Identify any work that would need to be completed, for example any refurbishment or renovation, which could lead to additional costs later on. This will help you when negotiating the final price.