08:11 29 June 2013
1.Start by taking the time to really figure out what kind of house you want to buy. Considering the amount that you can borrow from lenders, decide if you want to buy a house or a flat. Do you want to have a huge or small garden? How many rooms do you need? Do you want a property that is very close to school or business district? Write down everything that you’re looking for and highlight those that you consider non-negotiable. This should help you easily find your dream house.
2.Start searching. The best way to find listings near you is to simply open your computer and search on Google. List down the properties that you find attractive and make a visit.
3.Make an offer. If you find your dream house, the next step is to make an offer. If you want to negotiate the price, make an offer that is below that asking price until you and the seller agree on the actual price.
4.Get a mortgage. Once you and the seller agreed on the price of the property, the next step is to get a mortgage. When applying for this type of loan, you’ll be asked by lenders to supply documents showing your income and outgoings.
5.Study the survey from the lender. Before the lender will approve your loan, they will visit and assess the house first. The summary of their assessment will be sent to you. This report will detail all the things that need to be fixed on the house that you want to buy.
6.Sign the contract. If you think that the house is really the one that you want, you can proceed by signing a contract that legally binds you to the purchase.
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