Here are some steps for the buyer of a home. Although the warranty status of the process, it should be noted that our land records system has weaknesses that each user must supply. A person interested in the purchase or acquisition of a property must make an investigation of the property to be purchased, which should include several elements, so as to be effective and provide results to the customer minimum risk.
Other must review and analyze the following elements:
• The risk status of the properties you’re interested in using one hand to research the title registration and land courts.
• The tax status of property before the general direction of domestic taxes (DGII) as sucesorales taxes on the transfer, as well as the tax on luxury housing and not built on urban sites (IVSS).
• Authorizations, permits (laws or any laws that restrict the right of ownership). Physical Inspection is important once they have been verified aspects concerning the legal status, taxation and regulations that are about the property, it is important to examine other factors that are detailed below:
• Condition
• Cadastral Location
• Current occupancy of the property, especially if there are no squatters.
• Proof of payment of public and private services (water, electricity, cable, etc.)
• Status of payment of employees and property. Once you’ve verified all the formation of property and selected it, proceed to the process of closing the transaction.
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Tags: Home Buyers, property, property to be purchased, steps for the buyer of a home, Tips for Home Buyers