Practical steps for checking the property, the title deed and the paperwork before you commit.
A first purchase carries an excitement that can hide important details. Here is a practical list of what to verify.
Title deed and ownership
Check the deed number and that the area and boundaries match reality, and that the property is free of mortgages or restrictions.
Condition of the property
Inspect the plumbing, electrics and waterproofing. Re-doing roof waterproofing alone can cost the equivalent of 2% of the property value.
Financing
Get pre-approval from your lender before negotiating — it gives you a stronger position and a clear budget.