Buying

Stages of a Real Estate Purchase

Overview of the Buying Process

Purchasing real estate involves several key steps, each of which is important to complete a successful transaction. The main stages typically followed when acquiring a property are outlined below.

Step 1: Define Your Real Estate Project

Start by identifying the purpose of your purchase, such as buying a primary residence, a second home, or an investment property. Consider the geographical location and the condition of the property you wish to acquire, and determine whether you are prepared for renovation projects or prefer properties that are move-in ready.

Step 2: Determine Your Budget

Assess your financial situation to establish a practical budget for your purchase.

Step 3: Property Search

Look for properties that meet your defined criteria within your set budget.

Step 4: Submit Your Purchase Offer

When a suitable property is found, submit a purchase offer to initiate negotiations.

Step 5: Sign the Promise of Sale

Confirm your intent to buy by signing a promise of sale agreement with the seller.

Step 6: Secure Financing

Arrange the necessary financing and review available loan products.

Step 7: Accept the Loan Offer

After approval, accept the selected loan offer.

Step 8: Complete the Authentic Deed

Finalize the transaction with the signing of the authentic deed to legally transfer ownership.

Support Throughout the Process

Assistance is available at any stage of the process if required. From consultation onward, guidance and information are provided to support decision making. Immo100FIN aims to fulfill client requirements by offering reliable service throughout the property search, acquisition, development, and rental management processes as needed.

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