4 Things You Need to Look Out for Don’t Deceive Buying an Over-Credit House

If the contents of the bag are tight, buying an over-credit house can be your choice. But, how complicated is that? There are some people who experience losses when buying an over-credit home. This loss usually occurs due to lack of attention to the conditions and everything related to the purchase of the over-credit house.
If you buy a house by over-credit, don’t forget to look at the following:

First, examine the facilities
The first thing you have to do when buying an over-credit house is to check the condition of the house. Carefully check all the facilities in the house, namely the number of rooms, bathrooms, and others. Also the environment around the house, according to your needs and family?
The next thing, whether or not there is a cost that you may have to prepare for the part that has to be renovated. Is it just a small improvement or is it just a repainting, or is it really very big?
Also check public facilities around the house. Includes conditions and access to the house, security, and water quality at home.


Second, calculate the correct monthly installments
Buying an over-credit home will of course affect your financial condition. There are monthly installments that you must pay. For that, you need to calculate the monthly installments carefully.
Don’t forget to make a comparison of the costs and benefits of buying an over-credit house with a new home. You can also compare the over-credit house prices with the prices of the surrounding houses.


Third, Know the Credit History
Sometimes someone will sell their house over-credit because the person is unable to pay the loan installments anymore. You need to pay close attention to this, whether there are a number of arrears and penalties, maybe also interest, which you must pay to the bank.
Anticipate this by asking for written proof of credit installments made by the homeowner. Next, you examine the home credit history again.


Fourth, Check Document Authenticity and Completeness
Checking documents is an important step when you buy a house. Do not let you be fooled and buy a house that is in a dispute status.
Check home documents stored by the bank. You can ask for help from a notary or legal bank division to check the authenticity of home documents.
Also make sure the homeowner has complete documents that are commonly used to apply for credit, namely a photocopy of a credit agreement, a photocopy of a bank stamp certificate, a photocopy of a Building Permit (IMB), a copy of the Land and Building Tax (PBB) document that has been paid.
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8 Tips for Choosing a Home So You Are Not Wrong Step

Choosing a home can be interesting and frightening, you must be careful not to step in and be disappointed later on.
Choosing a home in housing can be an option for those of you who are looking for a home. Having a home in housing will provide many benefits, namely new neighbors and new experiences of living together with large communities.
So that you do not step in wrong, see tips on choosing the following house!

1. Affordable Home Prices
When most people dream of having a spacious and luxurious family home, you don’t have to force it if the budget is insufficient. It is possible that home financing can be assisted with housing loans or abbreviated KPR.
But if you are not comfortable making installments over a large period of time and amount, it is better to choose a house at a price that suits your ability.
To meet these needs, housing developers, especially in big cities compete to build small dwellings due to increasingly limited land.

2. Legality
At present the community is looking for properties that already have the status of SHM (Certificate of Ownership Rights) and SHGB (Certificate of Right to Build).
Ownership Certificate or SHM is a certificate of full ownership of a person on one land or land of the certificate holder. SHM is the strongest proof of ownership of one land.
Building Use Rights Certificate or SHGB is a type of certificate for certificate holders who can only utilize one land to construct buildings or other purposes within a predetermined period of time.
Ownership of HGB land itself is held by the state. Usually, the SHGB deadline itself has a time limit of 20 to 30 years and can be extended. After passing the deadline, the certificate owner must take care of the SHGB extension.
Make sure you buy a house with the status of Ownership and HGB. Both of these status will be accepted by the bank.


3. Location
In choosing a location can you choose whether it is close enough to the workplace? Easy access to transportation such as KRL or LRT? Is it safe from the danger of flooding? What kind of access to the main road to the house? Is the condition full of holes or difficult to reach because it is too narrow for cars to pass?
In addition to the physical form of the house, we must also include intuition in it. What was the first impression in the first few seconds when you were at a residential location? Does this house give the impression of being happy or is it pressing you?


4. Home Directions
It is better to choose a house that faces east, that is the direction of the morning sun coming, because it is healthier and your house conditions will not heat at night.


5. Home Position
Home positions will determine the price of a house in a housing. For example, if we get a house in a corner, the price will be
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