manorscholar.com – People who wish to own property assets in the form of land or houses can buy them independently or ask for the help of an intermediary (broker). If we are not the type of person who is super busy, we should learn to buy property independently. Buying property independently can be an attractive option because it can provide additional benefits, including: Also read: Tips for Buying a First Home for Millennials and Newly Married Couples
1. We do not need to pay fees (service fees) to intermediaries / brokers / brokers.
2. We can avoid the possibility of being cheated by irresponsible intermediaries who often raise property prices unilaterally without the permission of the property owner.
3. We can know the condition and history of the property. to be purchased exactly as well as know the environment around the property.
4. We will gain additional experience in buying and selling property as well as additional knowledge about property designs that are popular in the community.
5. By getting to know the owner directly, chances are we can ask for a bigger discount or price reduction.
6. Buying property independently can also increase our confidence to make better purchases in the future.
7. We can add references about property market prices in that area which we can later use as a benchmark in buying and selling property.
If we are buying a house for the first time, aka inexperienced, it is better. We pay attention to the following tips:
1. Determine the initial intention whether we want to buy a house to live in alone or to be resold. If you buy the house to live in alone, we should buy a house that is not far from the location where the children work and go to school. On the other hand, if we buy a property for resale, we should choose a property that is strategically located (for example, on the side of a road) so that it is easy to resell.
2. If we have enough funds, we should buy property in cash so that we are not burdened with mortgage repayments and interest. However, if we don’t have adequate funds, we can apply for a mortgage from a bank that offers the lowest interest rates and the longest installment period.
3. If we buy a house in a housing complex, we should check the credibility of the developer by seeking information from various sources about their performance and honesty. Such information can be obtained from residents of the housing, from other developers, or from newspapers, magazines and the internet.
4. If we buy a single house outside the housing complex, we should first check the authenticity of the land documents and building permits before proceeding to make a transaction. The authenticity of the land certificate can be checked directly at the local Land Office (BPN) or ask a notary to check it at the BPN office. Meanwhile, building permits (IMB, SLF, SBKBG) can be checked at the local government agency in charge of building construction or ask a notary to check it.
5. Before making a transaction, we should seek information from local residents about the market price of houses or land in the area. Information on market prices can be obtained through the RT, RVV, or the local village head. Price information can also be seen in the NJOP listed on the PBB Bill. In general, the NJOP PBB is set much lower than the market price, but we can predict the market price by multiplying the NJOP PBB by a certain multiplication factor, for example 3. Example: If the NJOP PBB for land is set at $12 /m2, the selling price of the land predicted three times or equal to $38 /m2. The magnitude of the multiplier can vary for each region depending on how quickly property prices increase in that area.
6. Before buying a first home, we should diligently attend housing exhibitions, housing seminars and training, or look for information in newspapers, magazines, books or the internet about the ins and outs of buying a property.
7. Don’t forget to always be humble and willing to learn from other people’s experiences, both bad experiences and successful experiences.
8. If we buy the house to be resold in the future, we should wait at least 5 (five) years until the price increases significantly (significantly).
9. Choose a trending home design in society, for example, a modern-minimalist style, so that it’s easier for us to resell at a later date.
10. Choose a “growing core house” that still leaves a large enough yard so that we can add building units according to the family’s economic development in the future.
11. Don’t buy a house that the community thinks is not good, for example a “skewer” house or a house that has a history of being inhabited by immoral people. Such a house would be difficult to resell. Also read: How to Choose the Right Property Agent
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If the house we want to buy is classified as a used house, we must see first hand the condition of the house and examine it carefully. A used (second) house can be a very profitable investment. However, accuracy should still be a priority. Don’t believe everything a home seller says. When we review the house, consider the following things before deciding to buy it:
- Is the house livable or investment worthy?
- Is the layout of the house suitable? If not, can it be changed easily and cheaply?
- What is the condition of the surrounding environment, is it safe and comfortable to live in?
- How is the water quality in the environment?
- How much electricity is in the house?
- Is there a place to store things?
- Is there any furniture or building elements that need to be repaired?
- What is the condition of the roof?
- Do you have to do major renovations?
- Does the page area match what is needed?
- Are there enough bathrooms for the family?
- Is the price reasonable and affordable?
We should also do a simple survey before buying a used house. As home buyers, we should not blindly believe all the information provided by the seller. We need to check the truth of this information by checking the house and surveying the surrounding environment. Before deciding to buy a used house, we should ensure the following: Also read: 6 Mistakes In The Property Business And How To Avoid Them
a) Environment
Pay attention to the environment around the house, whether it is in accordance with our wishes. Get to know our neighbors. Environmental facilities close to the house can also provide added value, such as health and education facilities, shopping and sports centers, playgrounds, public areas, wide roads, and access to public transportation.
b) Security
Absolute security for a residence. We must feel safe and comfortable living in the house. When we work we can leave the house empty without feeling anxious, while when we sleep we can feel sound and comfortable.
c) House Conditions
Look at the actual condition of the house. Don’t close your eyes, even though we have fallen in love from the first sight of the house. A salesperson will probably cover the damage to the house, before we even come. Don’t hesitate to check the electricity and water in the house.
d) Building Structure
See the strength of the pillars or columns of the building. Avoid buying a house with a structure that is not strong because there is a risk of collapsing under too much weight.