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Procedures In Purchasing A Land by Chibu100(m): 8:45am On Mar 19, 2021 |
• Find a land for sale: you can do this by searching online, blogs, social media or you can speak to a real estate agent who can aid you in searching for a land that fits your specification. • Land specification: after you must have seen a land you want to purchase, make sure that land fits your specification. For instance if you want a water front property make sure such land has a water front so you don't get disappointed when you visit the land. Also, watch out for the utilities available. • Site inspection: this is one of the most important procedures when purchasing a land. It is highly advisable that you are present to inspect the land, see it physically and know if the land suits your specifications. • Carry out a due diligence: get the help of a professional for this to make sure the documents and every other thing is intact including the land title. Failure to carry out a due diligence may cost more in future. • Carry out a survey: it is important to have a land surveyor look at the plot of land before buying. The surveyor will be able to mark out all necessary boundaries. • Make an offer: this can be done in writing or verbally. • Proceed to make payment: after the offer has been accepted make payment and make sure all transactions are properly documented. 1 Like |
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