I want to buy a house. What's first?

Already know you want to buy a house and have all decisions made? Need financing? Contact the credit intermediaries from Poupança no Minuto. Or understand what to do before moving forward with the search first.

First: Making decisions about what you want and prefer

When making the decision to buy a house, you need to decide on many other associated issues. Even if you don't decide 100% on everything, have some ideas about needs and preferences.

This is: Define a area where you want to live, specific locations, details about the house, such as the type of property (apartment or villa), number of bedrooms, floor, need for terrace/balcony, garage, elevator, among others.

Take into account various aspects, considering also the future: Is this a house in which you want to live temporarily or a house of the future? If it is a house for long-term living, and, for example, you want to have children, consider that the house must have more rooms.

Regarding location, consider that a house in a good location is subject to a higher Property Municipal Tax (IMI) value.

If you establish these requirements beforehand, it will be easier to search (and find) the perfect house.

After: Can help contact a real estate agency.

The next step may involve asking for help from a real estate agency. Having a real estate consultant with you can help you throughout the entire process, accompanying you closely with their market and area expertise.

A real estate agency can: 

• Search and find the property that suits you best.
• Helping you with the necessary documentation for the acquisition process;  
• Negotiate purchase price with the owner.
• Guide you through the entire process with their vast knowledge.

Hiring a real estate agency comes with a cost: a commission that can range from 3% to 5%, but the benefits can make up for it.

Finally: Make an offer to purchase the property

Also, to make an offer to buy the house you want to acquire, it may make sense to have a real estate agency by your side. The real estate consultant with market knowledge can advise you on the minimum value you can propose and help negotiate the value with the owner.

This is because making the right and coherent proposal can also help you secure the property you want to stay in. Since, currently, the supply is low, there may be other buyers. And having a real estate consultant by your side, they can consult the seller to understand their expectations when selling the property and make a proposal that meets what they expect.

Want to take the first step safely? Before moving forward, it is important to understand how much you can spend and what the monthly installment will be. The credit intermediaries of Poupança no Minuto help you analyze financing options and make informed decisions, without cost and without complications.