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Home Buyer's Guide

Important questions buyers need to  ask  when planning to purchase property.

Why I need a real estate agent ?
What is the normal fee an agent charge ?

Do I get a residence visa when I buy property?

Will the bank finance  my property ?
A bank preapproval is required
Mortgage payments  and  amortization periods  ?( See mortgage calculator)

Property location preferences
Buying to invest or for own use
Looking for  Free hold or Lease hold property
What is free hold, what is lease hold . (See  relevant  web pages )
Name of  the developer . Learn about his performance record .
Construction start up  and construction phases  dates . (Pilling-Structure etc..)

Buying off-plan or existing property
Paying an appropriate price for the property
How to evaluate a property ?  (See  Property Appraisal)
The total selling price to be paid by the buyer
What is net selling price?
What is the original price ?
What is a premium ?
Price  paid for  net area or gross area ?
Difference between  gross and net  area

Processing a sale transaction and closing deal
What is an MOU and why we need one
Reservation form from developer
A Sale and  Purchase  agreement  
Seeking legal advise  , seller and buyer

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