What is essential to know before buying a house?
If you are here, it is because you have no idea what aspects you should look at before buying Property for sale in Koh Samui. They are many and it is easy to forget someone on the way. So, now, we’re going to show you the things to keep in mind when buying a house:
Determine the form of payment: once you determine the budget that you are going to use to buy a house, the next thing is to think about how you are going to pay it. You can do it in cash, by means of a mortgage loan or by mortgage subrogation.
Decide the type of housing where you want to live: ask yourself if you want a new house, a second-hand house or a protected home (this one has a cheaper price than what exists in the market and is intended for those sectors of the population with economic difficulties, for which you must fulfill a series of personal and economic requirements).
Choose your seller: once you know how much you want to spend and where you want to live, your search will be more precise and easier. The next point is to decide who you want to buy it for. For this you have several options: individuals (with these, the negotiation will be more agile and accurate) through Internet portals, real estate (with a real estate you make sure you have an advisor to accompany you in the purchase process), promoters or banks.
Make a visit to the bank: Check the conditions of the mortgage loan for Real Estate in Koh Samui or have bank acceptance for mortgage subrogation. As a buyer, you are not obligated to subrogate, you can request a new mortgage.
Make visits: now comes the process of visits. You will have to inspect the entire community, in addition to the floor you want to buy. We advise you in the process of visits to take someone close to you, to help you and both of you can take notes. Added to this, you can ask the questions you need to the neighbours, who will be the best advisors in that regard.
Make an economic offer: Once you have opted for a type of housing, you must give way to negotiation. This depends on each autonomous community, but normally buyers usually ask for a reduction that goes from 10% to 30%. This does not imply that the seller agrees.