Real Es­tate Tips!

Tropical Traveller Magazine - - REAL ESTATE -

Buy­ing real es­tate of­fers some won­der­ful op­por­tu­ni­ties, and can be a dream come true for many in­vestors. How­ever, as with all prop­erty pur­chases, there are some risks that you need to be aware of. Be­low are some tips to con­sider: 1) Make sure the seller has le­gal own­er­ship of

the prop­erty you in­tend to buy. 2) Con­sult a real es­tate at­tor­ney to per­form checks on the own­er­ship back­ground of the prop­erty. 3) Have your at­tor­ney check the pur­chase/sell agree­ment and all the terms and con­di­tions there in.

4) Make sure you use an es­crow agent when ex­chang­ing funds.

5) Seek ac­tive help from your at­tor­ney to make sure you have all the doc­u­men­ta­tion done right.

6) As soon as you make the pur­chase, get the trans­fer of own­er­ship recorded with the au­thor­i­ties in the lo­ca­tion of the pur­chase. Once you have fol­lowed all the tips above, you can re­lax and en­joy your piece of par­adise.

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