It is important to pay special attention
Posted: Sun Jan 19, 2025 9:42 am
The standard verification procedure — due diligence — includes checking the seller's title deeds (land documents), the absence of encumbrances on the property, building permits for a specific area, and the agreement's compliance with Thai law. Thai lawyers do this regularly and such a study costs about $4,000-5,000.
When purchasing a property at the construction stage, to usa telegram database the reliability of the developer. At a minimum, you need to check its previous projects and their delivery dates. To do this, you will need to:
Analyze information about the developer. It is definitely worth checking its official website and social networks, as well as reviews of projects - they can be found, for example, on forums.
Visit the completed facility and evaluate the quality, see what has been implemented and what has not, and talk to the residents.
Find out how many projects the developer is building at the same time to better understand the deadlines. If he does not have experience in properly distributing resources, the deadlines may shift.
In addition, it is worth making sure that there are permits for the construction of a specific facility.
When buying a "secondary" property, special attention should be paid to the current owner: whether he is the only owner, how exactly he got the property, whether he is bankrupt. To find out, you can contact a lawyer who will check the purity of the transaction. On average, checking the land plot (owner, presence of encumbrances, etc.) will cost $ 700. Approximately the same amount will have to be spent on checking the seller.
When purchasing a property at the construction stage, to usa telegram database the reliability of the developer. At a minimum, you need to check its previous projects and their delivery dates. To do this, you will need to:
Analyze information about the developer. It is definitely worth checking its official website and social networks, as well as reviews of projects - they can be found, for example, on forums.
Visit the completed facility and evaluate the quality, see what has been implemented and what has not, and talk to the residents.
Find out how many projects the developer is building at the same time to better understand the deadlines. If he does not have experience in properly distributing resources, the deadlines may shift.
In addition, it is worth making sure that there are permits for the construction of a specific facility.
When buying a "secondary" property, special attention should be paid to the current owner: whether he is the only owner, how exactly he got the property, whether he is bankrupt. To find out, you can contact a lawyer who will check the purity of the transaction. On average, checking the land plot (owner, presence of encumbrances, etc.) will cost $ 700. Approximately the same amount will have to be spent on checking the seller.