6 Questions To Ask Before Signing An Offer To Purchase
“Knowledge is Power”. This is true when it comes to any binding agreement. Here are six important questions you should ask up front, before you commit to anything.
- What do all the terms and conditions in the sale agreement mean in practice?
- Do the terms and conditions adequately protect my rights and minimize my risks?
- What costs will I have to pay and when?
- Is there anything in the title deed, local municipal laws or zoning restrictions that may impact me as a buyer?
- Do I have a copy of the plans? Has the local authority authorised all extensions and alterations?
- Have any defects been disclosed in the mandatory disclosure form?
