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How to stay away from fraud when buying a property

How to stay away from fraud when buying a property

Pakistan's real estate has grown tremendously over the last decade, causing every pro-investor to buy land or invest in real estate. If you have decided on real estate, you need to understand the process to make smart financial decisions and prevent yourself from being victimized by fraudulent agents and activities.

Find the Property Value Yourself:

Did you find a property that you noticed? If so, you need to determine the market value. You can check the real estate price online and contact various brokers to determine the market value of a particular property. I hope that after contacting various agents and conducting online research, you will be able to determine the true market value of your desired property.

Choose the Experienced Agent:

Most of you may not agree with this point, but it is true that you should not completely trust an agent. You can do online research on Jagah online to find the desired property. Also, remember that you can negotiate the price with the providers listed in the portal. If you do not regularly buy or sell real estate, you need to work with the professionals. Choose different real estate agents, check the references and commit yourself to take the lead.

Negotiate with the Owner:

Ask your real estate agent to arrange a meeting directly with the property owner. Never make a deal with the agent alone. Meet the real owner, check the ownership of the property and check the original remittance slip of the property. If the agent does not seem ready to arrange the meeting, just go away from the business.

Once the price is fixed and the property is confirmed, you seal the deal with the security money that should not exceed Rs: 100,000.

Avoid giving cash when you pay the property price. It is always better to prepare a money order. It's better to involve the bank to keep a transaction record than regret your decision later.

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