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Buying Property & Due Diligence
Article 16 of 74

Small checks can prevent expensive surprises.

A property decision should consider more than the finishes visible during a viewing. Documentation, maintenance, legal restrictions, services and future costs can materially change the value of the deal.

PROPERTY INSIGHT 16 Small checks can prevent expensive surprises.

What to know

  • Check the title and ownership information where necessary.
  • Review disclosure documents and consider an independent inspection for material concerns.
  • Confirm approved plans, additions and zoning where they are important to your intended use.
  • Budget for transaction costs, immediate repairs and ongoing ownership costs before committing.
Important Information

The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.

FABULOUS HOMES

Property decisions deserve good information.

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