What are the Things to do Before Buying a House

Undoubtedly, the decision to own a house is one of the most important economic decisions that a person makes in his life. If you have decided to buy a house for residence or to make a high return investment, there is an important process in front of you that will require scrutiny. For example, "Do you have a title deed for the house you are considering buying?

How much are the dues to be paid? Does the real estate have any accumulated real estate tax debt to be paid? What is the zoning status of the house?" In the process of buying real estate, you are faced with these and many more details, which are also very important in detail. There are many more tricks you should pay attention to in order not to encounter serious problems that will bother you in the process after you own a house.

Being careful about the details to be considered when buying a house and making decisions in line with these details; helps you make the right investment by preventing you from regretting it later, helping you to have a living space where you enjoy every second you live and spend more peaceful time. In line with all the details we have given, The details that should be considered for those who are considering becoming a homeowner are as follows:

1. Determine The Right Time To Buy A House

You want to own real estate and you think it's time to take concrete steps on this subject that you have been dreaming about for years. The first detail you need to pay attention to in this process is whether it is the right time for you to buy a house. In this case, the budget you have should be suitable for managing the process. At the same time, it is to be ready for this tiring and demanding subject as motivation.

2. Determine Your Desires

You don't want to buy a house that is smaller than you need or is far from your workplace, school, or school. For this reason, it is useful to make determinations by considering all your needs and wishes in detail while owning a house and to start researching in line with the features you have determined. The diversity of the house you are considering buying in terms of transportation, the social opportunities offered by the house you buy, the size of the house, and other features within the scope of your needs and tastes are of great importance.

For example, if you have a large family and work from home, a 2+1 residence may not be sufficient for you. In addition, it may be among your expectations to have outdoor use areas such as a garden, terrace, and balcony in your home. When you decide to become a homeowner, you must first determine in which location and size, and what qualifications you are considering buying an apartment. If you aim to buy a house for a high-yield investment, then buying a house in the most convenient location, in a location that has just started construction, for example, close to the metro and similar transportation project may offer you a profitable option.

3. Do Market Research

You have decided on the details such as the location of the house you will buy and the features it has. Another important step to take after that is the process of searching for the house of your dreams with real estate agents, real estate sites, or construction companies. In the process of this research, besides the features of the house, it is also important that your budget is suitable for which house you can buy. The size of the house you are considering has a direct effect on the prices in the market. If you do not want to pay more than the value of the house you will buy and if you want to find out whether the house is large enough to meet your needs, it will be beneficial for you to know the difference between gross and net square meters. While the net square meters of the house indicate the sections that you can use actively in the house, the gross square meters; cover all areas such as columns, walls, and balconies. To put it briefly, you may not be able to use all areas of a house with a gross size of 100 m². In the comparison between a gross 100 m² and a net 100 m² house, which has all other similar features and is sold at the same price, the house with a net size of 100 m² is more advantageous than the other.

4. Set Your Budget

It is very important to determine your budget correctly during the house search process, not to waste your time, and not to waste your energy in this usually long process. Perhaps one of the most challenging aspects of buying a house is choosing a house that fits your budget in this process. To start the payments for this house as soon as possible, you must first create a plan on how you will pay. Are you going to pay for the entire housing in cash? How much down payment will you pay? Will, you consider getting a housing loan? After answering these and similar questions, you should choose the one that suits you best after evaluating the financial options in front of you.

5. Find Out Your Credit Score

After you decide to buy a house, if you are thinking of using a loan for the house you will buy, it is useful to find out your credit score first. Credit rating, in general, is data that proves what kind of reputation you have left in the bank. You can take action to find out your credit score immediately after you decide to buy a house. In this way, you will be able to control all your payments and better determine the path to follow. Another important point in order not to encounter a problem in the process of getting a loan when buying a house is that the house is suitable for a loan. Housing loans may be related to the age of the house, condominium, etc.

6. Find A Real Estate Agent

Working with a real estate agent, whether you want to buy or sell a house in the real estate sector, gives you a great advantage in this process. If you are thinking of buying a good house and having it at the best price, the dialogue you will establish with your real estate agent or real estate consultant is of great importance. In this process, getting experienced and reliable real estate support will give you an advantage.

7. Search Home

Buying a home is a relatively difficult process. For this reason, before making a decision, it is useful to do good research and make a preliminary assessment of all suitable home options. This preliminary assessment is very important in order not to regret it in the future. It is very important to do good market research to find the house that meets the criteria of your dream house.

8. Tour The Houses

When you decide to buy a house, photos, no matter how detailed, can show the potential to mislead you. For example, if the same master did the work in a house where the grouting process was not done meticulously, the same problem may be in question in other areas as well. And it may be possible that there is air under the parquets that make noise when you walk. Since such details may cost you in the future, examining the house before you buy will save you from many problems later on. For this reason, you should see a house you are considering buying with your own eyes and confirm that it meets the promised features. Even if you are considering buying a house under construction, you should not neglect to examine the project details.

9. Explore The Neighborhood

No matter which city in Turkey, when deciding on the house to buy, the location of the house is one of the biggest factors in showing the value of the price. The location of a house is the most important factor that determines its price. Not only the district it is located in, but also the neighborhood and even the street of the house can cause significant differences. For this reason, it is very important to make a detailed examination of the environment before buying a house.

10. Decide On The House You Want To Buy

You can determine the most suitable house for your dreams with the pre-selection you will make among the options, in line with the details to be considered in choosing a house and the knowledge and experience you have obtained. You can have the opportunity to live in the house of your dreams by choosing the option that meets all your expectations and is also the most suitable option for your budget.

11. Get A Home Appraisal

Buying a house is a complicated process that requires experience. To minimize the problems that may occur in this process, it will be an advantage for you to get an opinion from an expert and experienced opinion before making the final decision.

12. Ask Any Questions You May Have

It can be said that owning a house is almost everyone's dream. This is a situation that excites and worries people; It includes many details starting from finding a suitable house that meets your expectations and extending to how to make payments. In such a delicate and complicated process, you need to get answers to your questions by asking the questions that come to your mind.

13. Schedule A Final Walkthrough

Compare the options with the features of your dream house and decide on the most suitable house for you. After learning all the details about the house you have decided to buy, you can choose the most suitable house for you.  In this process, Istanbul Property will provide you with the best real estate consultancy service with its experience and wide product catalog.

What Questions should be Asked to a Real Estate Agent before Buying a House?

If you are thinking of working with a real estate agent when you decide to buy real estate, one of the things you should pay attention to at this point is experience. The experience of the real estate agent you work with gives you a great advantage in the real estate purchasing process. There is no specific parameter expressing the relevant experience in the real estate sector. At this point, you can get information about the nature of the support you will receive by asking the following questions to the company from which you will receive real estate support:

• Is your real estate company legit?
• Do you have a real estate license? Can I see?
• How many customers do you serve?
• Do you have a reference in the industry that you can show?
• What services do you provide related to the sector?
• Do you serve buyers or sellers?
• Do you work individually or do you serve with a team of experts?
• Through which channels can I communicate with you?
• What days do you serve?
• What is the price of the service you will provide regarding the subject?

What to do After Buying a House in Turkey

There are legal processes to be followed when buying a house in Turkey and after buying a house. These processes include sociological, municipal, and state processes. All processes must be carefully controlled and planned. Missing processes that are overlooked may lead to the application of penal sanctions. The transactions to be implemented in this process are primarily the payment of the title deed fee, which is obligatory for all kinds of real estate (residence-land-trade house). The deed is official government-recognized proof that you own the house. After the sales process, it is necessary to apply to the land registry office in the region where the residence is located and the transactions should be carried out.

After the deed transactions are done, there is the official transaction in the second place. It is necessary to submit a property tax declaration by applying to the municipality where the house is located. In Turkey, there is an obligation to notify the state where you live legally in the form of address and house status. In this way, official documents coming to your name are sent to this address. This process is among the first actions to be taken in case of moving to a new house. You must complete this process within twenty working days at the latest after you move into your new home. If you do not report your change of address to the government, you will face a fine. There is no need to carry out this process in the residences you will buy for investment purposes.

In today's conditions, you need to have access to services such as electricity, water, and natural gas for your home to be livable. To access these services, municipalities and service providers require a DASK policy, which has the quality of insuring the house against natural disasters, during the process of realizing the transaction. Along with the DASK document, other. For more detailed information, "What to Do After Buying a House in Turkey?" You can check our article.

How Long Does It Take to Buy a House?   

If you are going to buy a house with cash: If you have a large amount of cash to buy a property, you can speed up the buying process a bit. Since you don't have to go through the mortgage application and underwriting steps, you can complete the purchase in about a week, assuming your offer is accepted.

If you are going to buy a house with an FHA loan: Federal Housing Administration (FHA) loans are for first-time homebuyers because they offer more relaxed terms for a credit score and down payment. Another benefit is that they can be guaranteed by various lenders. However, the process from application to closing can take almost two months.

If you're buying a home with a VA loan: Veterans Administration (VA) loans are another type of government-sponsored mortgage program that helps borrowers with lower credit scores and more limited down payments buy a home. These loans are specifically designed for service members, veterans, and their families. For example, the average closing time for a VA loan for March was 57 days.