Most people think that when they want to buy a property that they should look at what to check in a real estate agency before purchasing the property. However, this is not always true. There are many other things you should keep in mind before buying a property. For instance, there are some risks involved in buying a property from an estate agency and not knowing what is there to know about the real estate agency. Read ahead for some tips that will help you check in real estate agency and avoid being duped.
The first thing that you should check in agent immobilier is whether it has a license to sell the property. Check if there is any evidence of license. The license should be valid for at least one year.
Secondly, you need to check the type of mortgage loan options. Check the repayment options carefully. Make sure that it has reasonable repayment plans and an affordable interest rate. Thirdly, check out the resale value. You must ensure that it is not less than what you paid for it.
Next, you must check out if it has insurance. It is also important to check if it is under warranty. This means that you have a guarantee that after a particular period you will get your money back. If there is no such warranty, do not purchase it.
Check out the reputation of the real estate agency. Find out how many complaints have been registered with the state attorney general and find out if the complaints have been solved. Also, find out whether the real estate agent has any complaints pending against it. If it has, you can crosscheck it with the others. The more the number of complaints against the real estate agency, the lower is the chance of buying a property from it.
Lastly, you need to know what is the market price of the property that you want to buy or rent. The real estate agent must provide you with the latest market price of the property. It is up to you to compare it with other properties. If it is much higher than the others, it might be an indication that the property is overpriced. If it is lower than the others, it may also be an indication that the property is underpriced.
Check out the terms and conditions too. You need to know what is the policy about interest payments on the buyer’s loan and the like. You should also know what are the expenses that will be charged to you when you buy or rent the property. For all these, you need to check what to check in a real estate agency before making the deal.
These are some of the most important things to check before you start dealing with real estate. You must keep in mind that real estate is a long-term investment so you need to check all these aspects before you make your final decision. You can do this by comparing the real estate prices in different places. The comparison will help you finalize your deal.