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How to Buy a House in Lahore Best Guidelines Rightdeed.com
Buy a House in Lahore • Lahore is the second largest and socially liberal city of Pakistan. Many people come here to visit the historic places, it is also famous because of its latest shopping markets. So economically it is significantly prior state of Pakistan. People belonging to every class and state reside here. Because Land of the Lahore has the specialty to entertain every standard.
Trend of Real Estate Agent • If you are going to buy the home in Lahore, it is important to involve an agent. • It is good to find a reputed Real Estate Agent whereas, it may look a bit attractive to sell or buy the property without involving the agent as the commission of the agent is saved but it may cause you a lot of worries as the agents share most of your burden in the whole of the process. • • Discuss all the requirements of the property and price details that in which range you want to buy the house. • • Now let the dealer do his job and find a suitable house for you. • • When the dealer had found a reasonable house for you, visit the house and meet the other party and finalize the negotiated prices. • • Make sure that the house you are going to buy is not occupied, check the registry papers and make sure that it is real.
Trend in Real Estate A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change.
Pay the Amount and Transfer • Pay the amount you are agreed upon to the seller, then the title of the property, along with all the rights like the right to use, right to retain, right to sell, is transferred from the seller to the buyer. After this procedure, a new set of documents will be prepared in your favor by seller and property gets register in your name.
Statement of the sale to Registrar • Where in the presence of the buyer and witness the seller claims that he has sold the property to the buyer, in the prices they agreed mutually. The registrar then makes orders to the local land record officer to make the changes about the owner of the property and transfer the property status to buyer from the seller. • Then both the parties meet the local registrar of the property.
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