Buying property can be complicated and sometimes confusing, especially in a large, busy city like Bangkok, where properties are always in demand. There is also the stress of committing a large amount of your hard-earned cash to one item; you want to be sure you are spending your money on the right house or apartment. This article will give you a series of steps to power you through the process, from your initial thoughts to dealing with a real estate agents in Bangkok and beyond to the negotiation stage.
1, Establish what you want in your new home. Is it a townhouse or an apartment? How many bedrooms do you want? Do you want garden space or vehicle parking? It is vital that you are realistic and have achievable goals in this respect.
2, Allied to the above is the need to set your budget, meet with your bank manager or money lender if you are getting a mortgage and find out what funds you have to work with during your property search.
3, Appoint an experienced real estate attorney to assist with your sale; if you do not know one, ask friends, family, or colleagues for a recommendation.
4, When starting your search, try to use well-respected real estate agents, their experience will prove welcome, and it is often the case that the best agencies have the best properties.
5, As you move on to identifying specific properties, prior to viewing, do some research on local amenities, transport links and any other aspects you can think of.
6, When you start viewing prospective homes, always take your time and check throughout the property thoroughly, asking questions of the agent if you think of them.
7, Visualise how the property might work when you live there; while you are viewing, think of the positives and any problems.
8, Conduct a second visit on any properties that meet your criteria. Does it feel like home and give you that wow factor?
9, Having found your ideal home, always ensure your attorney conducts all of the proper searches and surveys; finding a problem after you have moved in is not what you want.
10, When you move into the negotiation phase, take advice as there are various strategies you can use, and consider factors such as how long the property has been on the market.
By using these ten fairly simple tips, you can simplify the home-buying process and emerge at the top of the property ladder with the home of your dreams.