Buying a house is a big financial decision that shouldn’t be taken lightly. You have to go through repetitive processes from filing to signing before you can call your place your own home. Hence, make your purchase worth it and avoid getting ripped off.
This is a checklist of the things that you need to make sure before buying your property.
Take out a mortgage deal that you can pay
For your dream home to come true, you need a huge sum of money to pay for all your expenses. Getting a mortgage deal is the best way to finance your home – but it may come off as the worst option if you get a mortgage that you can’t pay.
Be sure not to max out your mortgage to your current financial status. Make certain adjustments as you don’t know what the future holds when it comes to your money.
Read every single detail before signing
It’s exciting to sign your contract when you finally have it before your eyes. The thrill may result in a bad decision, however, if you don’t read every single detail of your contract – especially the fine print!
Aside from this, you also need to recheck the details of your legal name, address of your new home, and other relevant details before signing.
Register your home to concerning agencies
Once that you have the contract sorted out, register your home under your name. Ahead of time, find out the requirements of concerned governing agencies like Registry of Deeds, City Hall, Bureau of Internal Revenue, and other relevant departments.
After sorting this out too, file all the necessary documents on your end so you have proof of the legality of your home.
Make sure to get the Certificate Title
Before you call your home your own, get a hold of the Certificate Title. This will certify that your home is legally yours – so make sure to keep it filed in the best condition as possible. Hence, whenever a situation may arise, you have proof to present.
Ensure that your Certificate Title is a true certified copy with all your legal details correctly indicated in the document.
If you’re looking to buy a home easily at affordable prices, secure a home now with BellaVita. They’re built with quality materials and are located where businesses and developments are emerging fast!
For more information about the location of their homes and their pricing, visit BellaVita website or Facebook page.
