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Buying A House

Things To Do Before Buying A House

Buying a house is not like buying any accessory, it is a huge step! This is a big investment that requires a lot of research and patience. Before you enter into the world of home-ownership, there are some things that you need to do.

1.Have a checklist

Before looking for a house, visiting a property website or calling agents, you should first know what kind of house you want, how many bedrooms, bathrooms, land size area, your budget, location and your mortgage options.

2.Create a budget

To avoid any financial mess, make sure you go for properties that are less than what you can afford. ‘Don’t bite more than you can chew’ this will help you save a lot of time and money.

When you get the house that you want, you can use the money saved to renovate or even customize it for that authenticity.

3.Be patient
Take your time when searching. Be open minded and visit more houses for different options. Don’t rush into making a deposit on the first house that you like because you might find a better deal than what you got before.

Once you find the house that you want to settle for, find out how long it has been on the market, is it under priced or overpriced? Not forgetting to find out if it has all the required documents.

4.Work with Experienced Professionals
When house hunting, it is best to hire the best agents and house inspectors who can help you find out issues that you didn’t know the house had which could turn into costly repairs.

A lawyer will be of great help when it comes to paperwork and advise you when it comes to the legal matters.

5.Negotiate
The old saying is that in real estate, everything is negotiable. But is it really? You need to be familiar with the market down to the neighbourhood in order to get the best price and terms.

There is usually more room for negotiation when the houses for sale are more than the demand for them.

By Joyce Mbaire
Jumia House

Tags: BuyingHouse

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Head Office
Megaco House, Mukinduri Rd,
P. O. Box 411 - 00517, Nairobi, KE
Tel: +254 802 0143
Cell:+254 735 608 166

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