What are the home buying process you know?

[Khezo]

Home buying process. Is there any special process to buying houses. Well what I think would be the process if any is that you go over to the house check it thoroughly and then buy if interested. Of course all the papers must be checked

 

[Taimoor Jutt]

First checking the documents of house , just verify the real owner and the building either it is legal or not. Then estimate the money of the building at the rate according location and facilities of house. After that go to the dealer and commission of dealer all set up done and then purchase.

 

[Kamon c4]

Yea this is the. Also, there’re marketing websites to hunt for houses online in Nigeria. Example is Jiji . Though it’s required of you to hire a realtor and lawyer to value the houses and verify the ownership of the houses. The purposes of doing this is to be safe from scammers

 

[WhiteHouse]

I feel that the principal activity is to decide how much cash you can manage every month. This needs to incorporate home loan installments, charges, utilities, upkeep and here and there condominium expenses/HOA expenses. You should likewise decide how much cash you have for an initial installment. There is no reason for taking a gander at homes that are over your capacity to support. That simply burns through your time and the hour of your realtor. Next you should converse with a realtor to get a thought what is accessible in your value range. Whenever you have done that and have a thought of the amount of a home loan that you can convey.

 

[GIFTMICHAEL]

Home buying process is very simple as a Nigerian.
Honestly I have much experience in agent work.
The processes and procedures are as follows:
Look for a trusted agent.
Try to see the property.
Try to verify if the property is genuine.
Know the rightful owner of the property.
Pay a surveyor.
Register your survey work.
Pay for the property and then sign .

 

[Nurudeen]

The home buying process I know is that if you want to buy any properties you need to make extensive research to know you are not buying a property from scammers who wit eventually run away with your cash. Another thing you need to do is have a lawyer to help you formalize everything with transfer of ownership

 

[HIFSA LAHORI]

In our country Pakistan too, this is the way you like to do it first and then you confirm which plot you want to buy or which house you want to buy. It is government approved. If it is approved, you can easily buy it without any worries

 

[joy101]

Buying a house or landed properties here is very easy, what you have to do is to go around and check if the house is the type that he want, so the process of buying a house here is so easy to afford,

 

[Atif3786]

In most instances, signing takes place a day or two before the actual closing, and the additional time is used for final documentation review by lenders. Once the deed (and your mortgage) is recorded, you own the home. If the home is vacant, customarily your agent can pass you the keys at any time after recording.Most financial advisers agree that people should spend no more than 28 percent of their gross monthly income on housing expenses and no more than 36 percent on total debt — that includes housing as well as things like student loans, car expenses and credit card payments

 

[Mawome]

Well there are many process, when it comes to home buying, or land buying in my area before purchase a land or house in my area, you must meet certain requirements for example we must know where you come from what you do for a living, if you are somebody with questionable character, you are disqualified,

 

[Victor72]

The home-buying process I know is for you to go to an agent or you can search for house yourself after that you negotiate with the owner or the agents and then make payments for the home

 

[Setfragil]

It depends on the properties that you want to buy. If the property is a big one, you might need to involve the services of a qualified lawyer to help to facilitate and verify the needed documents process of the house before you pay for it.

 

[Bousine123]

The process is not really hectic. You just go from houses to houses looking for a good one. When you find a perfect one, you negotiate and you sign some papers.

 

[eLdavis]

The home buying process in my country Nigeria is pretty not hard, it's either an estate agent advertise a house to you, then he takes you for house inspection where you check out the house to see if you like the house or if there are any fault that is in the house.
At this point If you like the house, he will provide you with a copy of the documents of the house so you can go and verify ownership and do transfer of ownership documents after which you pay for the house and voila! The house is yours.
What is the home buying process in your country?

True, it's more easier to buy from a legit real estate company than buying from individuals majority of the times. This is something I have noticed in Nigeria.

 

[Dagm1]

Purchasing a brand-new home has actually a lot difficulties for our team concerning its own place concerning its own atmosphere as well as environments, fundamental centers like meals, health and wellness as well as education and learning. The primary believe is actually the handling the proprietor of your home.

 

[Ralphjoe]

True, it's more easier to buy from a legit real estate company than buying from individuals majority of the times. This is something I have noticed in Nigeria.

Yes this is true this is the reason why people should be careful the kind of properties they buy from individuals as most of these properties that individual market and cells can be emerged in controversies but if one is to purchase properties from a known real estate company then there is no way that they will be issues with such kind of the property.

 

[eLdavis]

Yes this is true this is the reason why people should be careful the kind of properties they buy from individuals as most of these properties that individual market and cells can be emerged in controversies but if one is to purchase properties from a known real estate company then there is no way that they will be issues with such kind of the property.

Yes I have seen lots of cases like this, not just on already made properties but also in buying of lands as well, whereby family owners or community elders would come and start claiming ownership

 

[Lens]

You have narrated the process well but the only thing left it is that you will need to confirm if the property is not in government acquired land. You can only do this in the town and regional planning office. It's the most important process you should do before paying for any property. You may buy government acquired land unknowingly.

 

[Shigobad2020]

Well buying a house or a landed properties here will take alot of processes and signing.

Firstly, you need to get a c of o for the land which must be legit.

Make sure the land is from the state government. Don't buy land from people just anyhow.

You need a lawyer and a benefactor to sign a whole lots of signing.

I believe we have a lot of home busting process we have to follow either we are buying and estate or just a house, the C of O is very important aspect and its used in checking if the house you at buying is actually genuine.

 

[kayode10]

All you need to do is to contact real estate brokers that are in your city. tell them the type of property you want to buy and they will get it for you at reasonable price. You can keep them so that they can come with the good properties.