Colombia Home Buying process. Step by step guide.
The home buying process in Colombia can be a pleasant experience if you want. Just keep in mind some of the Buyers Tips or if you want to buy as an investment check this Investors Tips and prepare to make one step at the time.
Let’s get into the business.
I classified the process for buying a home in this 9 steps.They seem to be quite a lot to do, but you will find that is an easy process:
1.-Choose the place.
Do you know enough information about the city you are planning to live or move?
Search about the local real estate market you are planning to buy. Get as much information as you can during your home buying. I made a general overview of the best Colombian hot spots.
This website is built with your feedback.
So, if you want more information about any other city, just Contact me and I'll search it for you.
2.-Choose the project.
When buying a home make a wish list of the type of property you want. See what are the differents kind of Colombian properties and make your choice.
As an independent real estate agent, I'm not representing any specifc project. I can help you to find the place according to your needs. So just tell me in the service request form what are the special characteristics you want of your home, and I will search it for you.
3.-Make an offer an negotiate the Price.
In Colombia people usually overprice their properties. So, prepare to bargain. See What you should know about how estimate
Home Value
in Colombia.
4.-Define your payment method.
Once you agree with the price, It is important to plan in advance your payment method. You can find in this website the information needed to make you decide
How to pay
for your home.
5.-Sign a purchase agreement
No matter you’re buying or selling. Once you agree with the major terms of the negotiation, make sure it is expressed in a paper. See what a
Sales Contract
must contain to protect buyer's rights.
6.-Make the closing and sign the deed
See all information I have related to the
Closing
and Don’t forget to reserve extra money to pay
Closing costs
.
7.-Prepare to receive your property.
No matter you can or can't come to receive the keys of your property, check out this important Inspection Tips.
8.- Register the property.
You are finally the new owner!, so you must legalize it before a local goverment's office. See what you should know about
Recording Title
.
9.-Enjoy your property!!
Every step is cover in this home buying guide. Anyway if you have questions about it, Please feel free to Contact me, and I'll try to solve your doubts.
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