10 Key Things to Check When Buying a Home

Buying a home is one of the biggest financial decisions in most people's lives. The checklist below helps you make the right decision without running into surprises.

1. Title deed record: Check whether there is a mortgage, lien or annotation on the property.
2. Occupancy permit (building use permit): It is important that the building has obtained its occupancy permit.
3. Construction servitude / condominium ownership: Verify the type of the title deed.
4. Earthquake regulations: Research the building's year of construction and build quality.
5. Dues and complex expenses: Find out the fixed monthly costs.
6. Location and transportation: Proximity to metro, schools, hospitals and social amenities.
7. Loan eligibility: Find out the banks' appraisal value and loan limit.
8. Neighborhood and noise: If possible, visit the property at different times of day.
9. Heating and insulation: The most important factor affecting energy costs.
10. Seller and contract: Put all terms in writing in a contract.

A professional advisor stands by you at each of these steps and identifies risks in advance.