The decision to buy a house should not be rash, but it should be considered carefully. Knowledge in the property sector must be honed so as not to be easily deceived. Especially familiar with the terms commonly used in the buying and selling process.
For example, you continue to be urged to pay a down payment on the grounds that other buyers are after the house. You actually have to be careful because the buyer seems to want to sell his house quickly, while the decision to buy a house is not as easy as buying and selling a car.
So as not to be fooled, note the following terms so that you are not deceived when buying a house, as quoted from ddpprojects.com.au
Table of Contents
Downpayment
Down Payment (DP) is a down payment as a sign so. If you intend to buy a house using a Home Ownership Credit (KPR) from a bank, you must ask the seller for time to get approval (approval) from the bank. If the bank is willing to accept a loan application, then you state that you are willing to provide a down payment.
Ideally, the down payment for the commercial house is set at 15-20 percent of the house price. As for the second house type 70 based on the provisions of BI must be 30 percent. For example, a house is pegged at IDR 400 million with a down payment of 20 percent. Then the DP that must be paid by consumers is a maximum of IDR 80 million.
The amount of down payment for commercial houses and subsidized houses is also different. The down payment for subsidized housing is set at 5-10 percent. In fact, the government has imposed a down payment on subsidized housing of 1 percent as of April 1, 2015.
Replacement Cost
After you have decided to buy a house, it’s time to look for the replacement cost of the house. Replacement costs in the property business are based on the estimated costs that will be incurred to acquire a property that must provide a profit when the property is used.
The trick is to find a comparison of house prices around the house you are after, then compare it with the price of the house you are going to buy. After getting the market price, this price determines the bid price.
Negotiation
If the ad says ‘price is negotiable’, make sure that you do negotiate the price. If the price offered in the ad is very low and unreasonable, try to ask for the ownership documents and if the owner is still alive.
Often a house that is being sold cheaply turns out to be a disputed house, or you are asked to do the paperwork yourself.
Free Furniture
When you hear the free persuasion of furniture, don’t immediately imagine the whole house from the living room until the kitchen is filled with furniture. The free persuasion of this furniture has indeed become one of the weapons used by developers to attract buyers.
“Usually people who buy a house for the first time want the house to be filled with goods. For areas like Jakarta and Tangerang especially, free air conditioning is provided,” explained Ella Nurhidayati from Era Indonesia
Free Flood
Flood free is another sweet promise used to entice potential buyers. But apparently the buyer cannot claim if the flood occurred because of a complete natural disaster.
“The agent can’t claim it because after the deal there’s nothing else to do. And see, what kind of flood it used to be. If the flood is due to a natural disaster, because all areas are flooded, we cannot claim it.”
But if the developer does not fulfill the responsibility for drainage management, the buyer can complain. But before buying a house, find out whether the area is prone to flooding or not,” concluded Ella.
Refinancing
This term means changing or replacing the old loan structure with a new one. This is done in order to obtain a lower interest rate or installment amount. For example, you are paying for a house with a tenor of 15 years.
In the sixth year, you get a home loan offer at a lower interest rate than the credit he is currently paying. You can transfer the installments to another bank.