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Check these Things before Finalizing a Deal with Seller

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Eamon Charles Lowe
Check these Things before Finalizing a Deal with Seller

 

Property investments are capital intensive and a single mistake can put the buyer in a lot of trouble. It is vital for the buyer to take extra measures while examining property documents. Proper legal advice followed by document verification process will give peace of mind and sense of security to the buyer. Eamon Charles Lowe from Gold Coast has come up with the list  that you must check before finalizing a deal with the seller :

  • Physical survey and property access: You must take a physical survey to know about the measurement of the property. During personal visits, it is vital to demarcate the boundaries and give limited access to the property as they might impede you from enjoying the benefits of the property.
  • Status of tax payments: Non-payment of the property taxes is a serious concern that affects the marketability of the seller. You can verify if the property agent hasn’t mix any tax payment of the property. You can ask the seller for receipts as you will be held liable for the dues that were unpaid.
  • Identity verification of the seller: It is vital to have adequate knowledge about the seller whom you are associating with. The selling process must take place legally and documents such as licence must be provided by the seller.

Follow these tips before finalizing the property deal. According to Eamon Charles Lowe getting into a deal that sounds lucrative but is full of discrepancies.

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