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6 IMPORTANT QUESTIONS TO ASK YOURSELF BEFORE BUYING A PROPERTY

Table of contents

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Points to note when buying a property.

-What is my total budget?

-What is my primary goal?

-What neighbourhood should i consider?

-What is included in the sale?

-How old is the property?

-How long has the property been on the market?

Buying a property is a big milestone in one’s life journey. It is key that when making such a decision you take into consideration the pros and cons of your choice. Rokay Ventures is here to help you make a wise investment decision when buying a property. Here are some of the questions you should ask yourself before buying a property.

  1. What is my total budget? It is good to know how much you can comfortably afford. Not only about this but you should also ensure you have a solid income.
  2. What is my primary goal? Understanding your long-term goal will help fuel your property-hunting strategy. For instance, are you looking for a lucrative investment, or you are just looking for a house to contain your children as they go to school?
  3. What neighborhood should I consider? It is important that as you intend to buy a property take time to look into the neighborhood, and ensure there is security, safety, not prone to natural disasters, and a friendly community.
  4. What is included in the sale? In your purchase ensure you ask what is and is not included in the purchase. For instance fixtures and fittings and the rules that apply.
  5. How old is the property? For instance, when buying a house get to know about the lifespan of the roof, the appliances, and major systems because they are necessary and expensive. If the listing description does not clarify this, make sure you find out so that you do not incur unnecessary costs.
  6. How long has the property been on the market? The longer a property stays in the market, the more motivated seller will likely be to make a deal. That will give a buyer a good opportunity to negotiate the price.  

Do not just make a rush decision when buying a property. Do further research and keep abreast of the Industry trends. Rokay properties ltd is here to guide your property-buying process. www.rokayproperties.com

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