Frequently Asked Questions
Questions about Buying and selling
Are there other costs I need to consider when buying a property?
1.Closing Costs such as attorney fees.
2.Utilities and Maintenance such utilities like water, electricity, gas, and ongoing maintenance costs such as repairs.
3.Certificate of Compliance such as electrical, plumbing and beetle.
Why do I need a home inspection?
A home inspection helps identify any potential issues with the property before you finalize the purchase, giving you a clearer understanding of its condition.
Transfer duties are taxes charged by governments when property ownership is transferred from one person or entity to another. Buyers typically pay these taxes based on a percentage of the property’s purchase price. Rates vary by location and property value, and they’re separate from stamp duty and capital gains tax.
How long does the loan process take?
It depends on the financial institution.
Question about renting
Yes, The purpose for a deposit is so that we can reservation, security to cover potential damages or losses.
Is there any credit check during the application process?
Yes. We do credit check for the credit profile and credit score rating.
Do you offer rent to own/buy option?
No.
What documents do you need from me for FICA purposes?
We require your ID or Passport.
We require your 3-6 months payslip.
We require your 3 bank statement.
How long does the application process takes?
We can take a minimum of 24hours.