make_batik_great_again
Well-Known Member
- Joined
- Nov 27, 2019
- Messages
- 311
Hi,
sorry in advance if this question has already been asked in this generalized way. I searched this forum, but regarding this topic the threads that I found usually focussed on a too specific situation instead of generalizing. So, I would like to discuss what one should pay attention to if he/she wants to buy property and wants to make sure that the seller and his offer are trustworthy. In order to avoid that we get off the point, let´s leave legal aspects (having prenup, etc.) aside and focus on how to separate trustworthy from dishonest offers.
I often read very superficial statements and warnings like "when it seems too good to be true, just let it be" or "watch out when you want to buy property". But since these are empty phrases, I would like to know what exactly one should pay attention to. How can you separate serious offers from fraud?
Some thoughts from my side: I guess if the seller tries to put you under time pressure, this should be a warning. Also one should be careful when there is no certificate yet or if it is still in process. And you probably should hire an own notary who checks the certificate plus land - and this should better be possible before having to pay a down payment.
But what else? If the seller seems trustworthy to you while meeting him and while showing the land, and he already has the SHM certificate, and he also agrees that you can hire a notary to check the certificate and land beforehand (even before down payment), and your notary does not find anything that should worry you (no overlapping, no other owners, no falsification of the certificate, and I do not know what else he will check ), what else is there that could go wrong? Or what kind of signals are there that should be a warning to the potential buyer?
And is it safer to try to buy land via a real estate agency since they have to maintain their reputation?
sorry in advance if this question has already been asked in this generalized way. I searched this forum, but regarding this topic the threads that I found usually focussed on a too specific situation instead of generalizing. So, I would like to discuss what one should pay attention to if he/she wants to buy property and wants to make sure that the seller and his offer are trustworthy. In order to avoid that we get off the point, let´s leave legal aspects (having prenup, etc.) aside and focus on how to separate trustworthy from dishonest offers.
I often read very superficial statements and warnings like "when it seems too good to be true, just let it be" or "watch out when you want to buy property". But since these are empty phrases, I would like to know what exactly one should pay attention to. How can you separate serious offers from fraud?
Some thoughts from my side: I guess if the seller tries to put you under time pressure, this should be a warning. Also one should be careful when there is no certificate yet or if it is still in process. And you probably should hire an own notary who checks the certificate plus land - and this should better be possible before having to pay a down payment.
But what else? If the seller seems trustworthy to you while meeting him and while showing the land, and he already has the SHM certificate, and he also agrees that you can hire a notary to check the certificate and land beforehand (even before down payment), and your notary does not find anything that should worry you (no overlapping, no other owners, no falsification of the certificate, and I do not know what else he will check ), what else is there that could go wrong? Or what kind of signals are there that should be a warning to the potential buyer?
And is it safer to try to buy land via a real estate agency since they have to maintain their reputation?