In addition to its strategic location, it is no less important when buying a property is concerned about the extra costs to be incurred. A buyer layman usually will be surprised about the extra cost because the developers or property agents are rarely mentioned in the beginning.
The extra costs associated with the purchase of the property before it became the property of the buyer. A property buyers usually need to get the papers or documents related to property ownership, while taking care of the process is that the extra costs need to be incurred.
Therefore, should you need to ask what are the extra costs that must be paid if you really do not know about this. You can ask the agent or developer directly, if the extra cost is already included in the package price or not.
Typically the developer does not want to bother entering these extra costs into the price of their property. The extra cost is usually transferred to the bank who has worked with the developers, so the bank will be matters related to property ownership documents.
So what are the extra costs need to be incurred by the buyer of the property, so as to prepare additional funding as early as possible?
1. Cost To Bank
Costs for the bank is especially to be considered when you buy a property. Developers are now many in collaboration with certain banks associated with mortgages (mortgage). While doing the checking and completeness of the file, then that’s when you need to spend a number of costs.
2. Cost To Notary
After dealing with the bank, next to a notary for the maintenance of a wide variety of certificate and certificate of sale of the property. Notary fees would normally be borne by the buyer and the notary rates will be different in each region.
3. Cost To Tax
When buying a property, tax is something that you must pay. Taxes for property buyers known as the Tax on Acquisition of Land and Buildings.