General Steps on Purchasing a Property from a Developer
General Steps on Purchasing a Property from a Developer The following are the basic and important details a buyer should know about investing a property and owning his/her home...
Step-1
Project Presentation The Property Salesperson or Broker presents to Buyer, the project details, features, inventory, financing options and other relevant information.
Step-2
Property Visit The development is visited with the Property Salesperson or Broker for a better appreciation of the property, amenities, as well as its location, road networks, routes, landmarks and nearby establishments and commercial areas.
Step-3
Reservation Application Client chooses the desired property and fills in the necessary forms. The purchase is formalized at the Office.
Step-4
Marketing and Administrative Briefing After submission of the Reservation Agreement and Quotation Sheet, a final briefing will be conducted by Marketing Team before the actual purchase is formalized.
Step-5
Submission of Requirements After the briefing and acceptance of duly filled in forms, Client is given 30 days to submit necessary requirements for the purchase. The property is held under the Buyer’s name.
Step-6
Move-in / Turnover of Property The property is delivered on a date specified in the Reservations Agreement. Once constructed, the Homeowner or Buyer and Developer conduct a joint inspection of the property to confirm that all commitments are delivered.