Ten tips before signing the finance contract and unloading the property 

Matar Al-Shammari, Old Buildings - Real Estate Marketing

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Ten tips before signing the financing contract and unloading the property

1- You need a 10% down payment and how to pay it.

1- You need a 10% down payment.

2- You need to pay an administration/assessment fee.

2.

3- You need to pay tax if the value of the property is higher than one million riyals.

3.

4- You need to pay the quest.

5- Don't overstate funding amount and property value.

6- Buy according to your means and affordability.

6- Buy according to your means and affordability.

7- Is the deduction suitable for your monthly income? Be careful because the financing period is long.

7- Is the deduction suitable for your monthly income?

8- If you have high liabilities, don't involve yourself in real estate financing.

9- Inspect the property and ask for guarantees before unloading.

10- Ask for the official papers "Deed - Plan - Building License - Certificate of Occupancy - Certificate of Completion".

Matar Lashmari

Matar Lashmari

real estate professional

Real estate professional

@mnfr10

Finance Contract