5 CHECKS YOU MUST CARRY OUT

HT Estates - - FRONT PAGE -

Don’t be taken in by the low price of the prop­erty. Check for pending dues or lit­i­ga­tions. Th­ese could in­clude un­paid elec­tric­ity bills and so­ci­ety dues Try and visit the prop­erty be­fore bid­ding for it Check if the prop­erty has a clear ti­tle oth­er­wise banks may not give you a loan. It will also not al­low you to re­sell the prop­erty Ver­ify all mu­nic­i­pal records, tax records and check if it had a sole owner and if the prop­erty can be trans­ferred to you Com­pare the re­serve price of the prop­erty with other prop­er­ties in the area where it’s lo­cated to ar­rive at an in­de­pen­dent as­sess­ment of its mar­ket value.

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