You will need current bank statements showing you have enough for a down payment (typically 10–20% of the property value) and closing costs.
Budget for extra expenses including stamp duty ( 5–7% in many regions), registration charges ( 1–2% ), legal fees, and advance maintenance deposits. 2. Property Due Diligence
Obtaining a pre-approval letter from a lender confirms your eligibility and interest rate, allowing you to move quickly when making an offer.
Lenders generally require your last 3 payslips , employment contract, and most recent tax returns.
Before searching for properties, you must establish your buying power.
Once you find a potential unit, conduct a thorough inspection beyond its aesthetic. Buying an Apartment Checklist - Your Complete Guide
Buying an apartment involves a multi-stage process that spans financial preparation, rigorous due diligence, and complex legal documentation.
What Do You Need To Buy An Apartment Info
You will need current bank statements showing you have enough for a down payment (typically 10–20% of the property value) and closing costs.
Budget for extra expenses including stamp duty ( 5–7% in many regions), registration charges ( 1–2% ), legal fees, and advance maintenance deposits. 2. Property Due Diligence
Obtaining a pre-approval letter from a lender confirms your eligibility and interest rate, allowing you to move quickly when making an offer.
Lenders generally require your last 3 payslips , employment contract, and most recent tax returns.
Before searching for properties, you must establish your buying power.
Once you find a potential unit, conduct a thorough inspection beyond its aesthetic. Buying an Apartment Checklist - Your Complete Guide
Buying an apartment involves a multi-stage process that spans financial preparation, rigorous due diligence, and complex legal documentation.
