Tips for those who are about to buy a property under construction!
It is permitted to purchase any kind of real estate under construction or according to the plan, and
this is what is termed the Istisna’ contract, but for this process to be done properly, it is required
that these plans and maps be detailed and clearly indicated showing all the characteristics of the property, in order to avoid creating disputes and disputes in the future as real estate in the process
of completion or It hasn’t been done yet. it’s best for buy a property.
Looking at the subject, we find that the word under construction means that it has not been
completed yet, so the possibility of completing this property can take time for several months or
even years to complete. Which calls for taking a set of precautions before taking this step.
Therefore, in this article, we will present a set of important tips before deciding to buy a property
that is planned or under construction.
- Searching for a successful real estate developer
It is advised for those who wish to buy a property under the scheme, to conduct an in-depth
research on the real estate developer’s reputation and previous dealings, as the buyer has many
means that enable him to search for the developer’s reputation and his record in construction,
delivery, and prices.
It is also necessary to ensure the quality of the real estate developer and his previous record,
which shows the extent of his commitment to completing projects on time, while working on visiting some of the projects that this developer has built in order to find out the opinions of customers who have previously dealt with this real estate developer.
- Studying the project site
Among the most important steps that should not be overlooked is the study of the site, as it must
have all the services needed by the residents of the area, such as schools, hospitals, and shops, as
well as studying the extent of the site’s proximity to the city’s road network.
Therefore, everyone who aspires to buy a property must make sure to choose the appropriate
place and know all the details of the property, in terms of its location and proximity to public transportation, schools and universities, hospitals, and markets. It is also recommended to visit the property site.
- Payment plans and installments
Among the important steps is also determining the agreed price of the property, as well as the
size and method of paying the required payments, as real estate developers offer many payment
methods with the progress of construction work.
Therefore, it is necessary to determine the amount and size of the payments before committing
to the purchase process.
- Request a copy of the apartment plan and the entire floor
You must stand at the step of requesting a plan for the entire floor in which all the details of the
neighboring apartments are clarified, with the request that the chosen apartment be marked with
a seal on it by the person responsible for selling the property.
After obtaining the entire floor plan, a plan for the apartment must be requested that includes the
area of each part including rooms, lobby, salon, bathroom, and kitchen.
