Getting a good deal on property is not often easy. Being a potential victim of real estate fraud is an unfortunate reality for many homeowners. It is said when the deal is too good, think twice.
It’s important to check things out thoroughly before you make a decision, and avoid being conned by dodgy dealers.
Here are 5 tips to help you avoid being conned into spending so much money that it could cost you your home.
Ask the developer for the property details
Many people love to buy property, but they don’t realise it may cost them a lot of hard-earned money.
Before you invest in a property, you should always do your homework and visit the developer’s office.
Before you sign a contract, ask for the property details and make sure you have put everything in writing.
If the seller is not forthcoming with these details, it could mean that there is something dishonest going on.
Get expert advise
Professionals will be better placed in advising you on the different aspects of the project you are looking to purchase.
A property valuer will access the property and advise you if you are getting it at the right price and its potential return in the event you want to sell it in future.
If you are buying house ,an architect will check if there are any faults or cracks to the house that you may not see with your naked eye.
A property surveyor will access the land or the property in which the land is in and advice if it is in riparian land or a road reserve or a main water catchment area or not.