Buying property such as land or a house is a long-term investment. To avoid last minute surprises, it is imperative that such undertakings be conducted with utmost care.Here are a few things you will want to put into consideration beforehand.
Background Check
Never make a blind transaction when it comes to buying property. It is your number one duty to confirm the authenticity of any property that you intend to buy. If you’re buying land, employ the services of professionals to help you conduct a land search. This will help to ascertain that the person selling the piece of land is the real owner and that it’s free of encumbrance. Consider checking the legal process of buying a land in Kenya
You will also need to do a thorough background check on the land just in case someone is selling family land without informing the others. Visit the site of the land for sale to ascertain its existence as well as confirm it’s the same size you’re buying.
When buying a house, beware of its soundness. We see posters of houses for sale all the time, but do we stop to ask why they’re selling? Most property is sold as is so beware not to buy a house that is falling apart.
Location
This plays a big role in determining the value attached to a property. Property that is close to the main road will cost more than those further in. However, cheap houses for sale that are interior may not have adequate security. You may also want to consider the possibility of flooding in low lying areas as opposed to those in the raised ground.
Developmental Outlook
How’re you planning to make use of this property? The purpose will determine the property you should buy. Whether it’s for commercial or residential, you need to have a well laid out plan.
For commercial property, you’re better off buying at a prime area that is close to social amenities and business. A residential house, on the other hand, may need a quiet place but not too far from major facilities.
Access to Communal Facilities
You want to buy property in an area that makes your day to day life more convenient if not comfortable. Water availability is paramount and so is electricity.
That property has to be easily accessible too. That means a good main road and feeders roads. You also need nearby schools, hospitals, churches as well supermarkets. A good sewer and drainage system is very important for refuse disposal otherwise you will be stuck in a messy area and that’s not pleasant. You may also want to look out for sewer restrictions in the area so that you’re not inconvenienced later on.
Reputation of Agent or Developer
Buying property is no joke so you really must get things right from the word go. Enlist the services of a qualified and registered agent or developer.
This will go a long way in protecting your money or property in case there is foul play because you can actually sue them. It is also easy to identify their previous works where you can visit and enquire about them. This will tell you if they are reliable or not. A poster reading land for sale is always enticing but it’s good to know the genuineness of the person behind such a poster.
Buying property is every Kenyan’s dream and rightfully so. We hope you are now more informed to take sound measures and make the right decisions while buying property.
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