The phone rings and you get the fantastic news that your bid has been accepted. Congratulations! But as a starter, do you actually know what you need to take care of now? Don't panic. We are happy to explain it to you.
After the acceptance of the offer, you will receive the contract of sale of your first home after a few days! Once you and the seller have signed, you still have three days to think about it. This means that during these three days you can withdraw from the purchase without giving reasons. This only applies to you and not to the seller of the property.
When applying for a mortgage, you can ask yourself several questions. What type of mortgage best suits my situation? Should I opt for NHG or not? For how long should I fix the mortgage interest rate and what happens if I become unfit for work? These are all topics and questions your financial adviser will discuss with you. It is useful to think about these in advance.
Your mortgage lender would like more information about the condition, maintenance and value of the property. Hence, in many cases, an appraisal report is mandatory. In some cases, a financial adviser works with an appraiser. If not, it is important to quickly approach a good expert appraiser.
In many cases, people make it a condition when making the offer that there should be a favourable outcome of the structural engineering report. If this is the case, it is important to engage a party for this as soon as possible. In some cases, this can be done through the selling estate agent. He will visit your future dream home and look at what costs you have to incur now or in the future if you buy it.
Now that all mortgage-related questions have been answered and you have provided all the information to the financial advisor, a mortgage offer will be worked out. You can sign it once you agree to the terms and conditions.
Have you completed all the above steps? Then it's party time and the official transfer deed can be signed. The property is now officially yours!
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