Monday, 2 April 2012

Real estate brokerages abide by laws that require disclosure when listing properties and assurance that the title to the property is free of encumbrances and liens. (anitpromoters.com)





If you decide to buy property privately without the help of a real estate agent, you need to understand how the process works. In this concise, but informative, buyer’s guide, we explain each step of the way to reaching your dream – to put you on the right track and hopefully make you realize that buying real estate privately is neither very different from using an agent, nor as complicated as it may seem.

  • Work out the price bracket you can afford
  • Find out which areas you are interested in
  • Search for properties in your areas of interest
  • Schedule viewing appointments with the property owners
  • Get an independent evaluation of the property (optional)
  • Negotiate the price and terms of the sale
  • Meet the seller at a notary to conclude the sale
  • Register the property with the Land Registry
  • Transfer utilities to your name

Finally, you will also have to agree with the seller to visit the various utility companies to transfer the water supply, electricity and other services into your name.

The Buying Process 
Once the property has been chosen, the two main steps of the buying process are usually:
  •      The execution of a commitment agreement
  •     The execution of the final deed of sale


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Anit Promoters
537, Varghese Plaza,
3rd Floor,
Opp ICICI ATM,
Vettoornimadam – 629 003.
Call
Tel No: +91, 04652 – 221337
Mob: +91 - 8220099080 
Email: anitwebteam1@gmail.com

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