Things to consider before
Buying a Property
Problems can arise after the transaction is completed
Fixing these problems will involve additional liabilities and
fees
To avoid all the hassles, Here are the factors to consider
The Name in the Title
Ownership subjects the property to creditors against
the owner.
Propertyrestrictions
Knowing the restrictions can
help buyers make decisions about
their investments.
Physical Detailsof the Property
Prospective buyers must seek legal advice about easement and its effect on the property
Taxes and
Duties
Transactions involving transfers of property involve taxes which
can be passed to the buyer.
Special circumstances may limit the amount of tax or
exempt it.
Buyers need expert assistance to execute the necessary paperwork.
Buying property is a big step and involves a careful
consideration.
A licensed solicitor provide legal advice that benefits the
buyer