CHECK-LIST

1Don’t

HT Estates - - FRONT PAGE -

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

and visit the prop­erty be­fore bid­ding for it. Check from neigh­bours, so­ci­eties etc if there are any cases of sublet­ting that may not be known to the bank. Sub­te­nancy can cre­ate its own share of prob­lems

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

all mu­nic­i­pal records, tax records and check if it had a sole owner and if the prop­erty can be trans­ferred to you

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