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Things To Consider When Buying Properties

• Type - residential / commercial / industrial / etc

• Sub-type - detached / semi-detached/terraced / condominiums / apartments, etc.

• Location

• Neighborhood area

• Public facilities and amenities

• Condition of building

• Land use zoning

• Price

• Budget

• Financing - which banks, interest rates, deposits

• Refinancing package

• Encumbrances - charge; sub-lease; tenancy; caveat; prohibitory order; etc.

• Registered owner - undivided shares

• Terms and conditions on registered title - annual rent; lease terms; conditions; etc

• Copy of latest valuation report

 

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