Tips for Buying a House from Property Developers

You shouldn’t buy a house haphazardly, make sure it’s trustworthy. Here are tips for buying a house from an official property developer so you don’t get fooled.

Buying a house from a property developer is one of the most common methods used by Indonesian people.

This is because property developers offer various conveniences and benefits, such as a variety of house choices, an easy purchasing process, and construction guarantees.

However, before deciding to buy a house from a property developer, there are several things you need to pay attention to.

This is because choosing a property developer must be done very carefully and carefully, because this decision can have a long-term impact on investment.

Make sure to pay attention to the developer’s reputation and track record to avoid losses due to naughty actions or irregularities that might occur.

To avoid this, here are a number of tips for buying a house from property developers that can be used as a reference.

What is a Property Developer?

A property developer is a company or business entity that operates in the field of property development, whether housing, apartments, offices or commercial.

Property developers are responsible for planning, building and marketing the properties they develop.

A housing development company can have several development projects spread across various regions.

Apart from that, housing developers generally collaborate with banks to facilitate Public Housing Credit (KPR) financing schemes for consumers.

To become a trusted and credible developer, developers must be registered in the Developer Registration System (SIRENG) created by the Ministry of Housing and Public Works to guarantee their legality.

Later, developers will be supervised by the PUPR Ministry regarding the residential construction they are developing.

Tips for Buying a House from Property Developers

Buying a house from a property developer does have many advantages.

For example, housing already exists or is being built, adequate facilities and infrastructure, easy credit facilities, and complete legality.

However, there are still rogue developers who could harm consumers.

Therefore, there are several things you need to pay attention to when buying a new house from a property developer, including:

1. Check the developer’s reputation

The first tip for buying a house from a property developer is to check the reputation of the property developer.

You should do this before deciding to buy a residence from them.

You can look for information about property developers on the internet, social media, or from people who have already bought a house from that developer.

2. Buy housing from an official developer

Be careful of property fraud in the name of certain developers.

Make sure you buy housing from an official developer who has a valid business license.

You can buy housing from trusted developer whose track record is clear.

For example, by checking how successful the developer is in building a residence to live in it.

3. Avoid paying down payments before the mortgage is approved

For those of you who have decided on your dream home and want to buy a house with a mortgage scheme, avoid paying a down payment before the mortgage is approved by the bank.

This is to avoid losses if something undesirable happens.

4. Make sure the certificate has changed its name

Next, if you intend to buy this residence, make sure to check the legality of the existing documents, including the house certificate.

Make sure you check that the land and building certificates have been transferred to the name of the developer.

This will have a long-term impact on the documents of the house you will live in in the future.

5. Check the housing IMB

Apart from that, also check that the property developer already has it Building Construction Permit (IMB).

This IMB is the official basis for us to construct buildings, which includes building data.

This document will also show that housing construction in accordance with applicable regulations.

6. Don’t carry out house buying and selling transactions under your hands

If everything is safe, make sure you carry out transactions legally or clearly.

The reason is, buying and selling houses is not protected by law.

Therefore, make sure you carry out an official house buying and selling transaction before a notary.

If the house you want to buy still has collateral status at the bank, transfer the credit to the relevant bank and make a sale and purchase deed in front of a notary.

7. Immediately take care of AJB and SHM

After the house sale and purchase transaction is complete, immediately take care of the Sale and Purchase Deed (AJB) and Ownership Certificate (SHM).

AJB is legal proof that you have bought the house, while SHM is proof of ownership of the house.

You can immediately apply for the certificate with the help of a notary or PPAT expert in the residential area.

Buy Trusted Housing from the Official Rumah123 Property Developer

Buying housing should not be haphazard and requires a lot of careful consideration.

Because, housing is not only for current residence. More than that, housing can be an investment asset in the future.

To avoid unwanted things from not knowing about property developers, make sure you get one housing recommendations from trusted developers.

One of them is by visiting the Rumah123.com page to see various choices of dream homes from trusted official developers.

You shouldn’t buy a house haphazardly, make sure it’s trustworthy. Here are tips for buying a house from an official property developer so you don’t get fooled.

Buying a house from a property developer is one of the most common methods used by Indonesian people.

This is because property developers offer various conveniences and benefits, such as a variety of house choices, an easy purchasing process, and construction guarantees.

However, before deciding to buy a house from a property developer, there are several things you need to pay attention to.

This is because choosing a property developer must be done very carefully and carefully, because this decision can have a long-term impact on investment.

Make sure to pay attention to the developer’s reputation and track record to avoid losses due to naughty actions or irregularities that might occur.

To avoid this, here are a number of tips for buying a house from property developers that can be used as a reference.

What is a Property Developer?

A property developer is a company or business entity that operates in the field of property development, whether housing, apartments, offices or commercial.

Property developers are responsible for planning, building and marketing the properties they develop.

A housing development company can have several development projects spread across various regions.

Apart from that, housing developers generally collaborate with banks to facilitate Public Housing Credit (KPR) financing schemes for consumers.

To become a trusted and credible developer, developers must be registered in the Developer Registration System (SIRENG) created by the Ministry of Housing and Public Works to guarantee their legality.

Later, developers will be supervised by the PUPR Ministry regarding the residential construction they are developing.

Tips for Buying a House from Property Developers

Buying a house from a property developer does have many advantages.

For example, housing already exists or is being built, adequate facilities and infrastructure, easy credit facilities, and complete legality.

However, there are still rogue developers who could harm consumers.

Therefore, there are several things you need to pay attention to when buying a new house from a property developer, including:

1. Check the developer’s reputation

The first tip for buying a house from a property developer is to check the reputation of the property developer.

You should do this before deciding to buy a residence from them.

You can look for information about property developers on the internet, social media, or from people who have already bought a house from that developer.

2. Buy housing from an official developer

Be careful of property fraud in the name of certain developers.

Make sure you buy housing from an official developer who has a valid business license.

You can buy housing from trusted developer whose track record is clear.

For example, by checking how successful the developer is in building a residence to live in it.

3. Avoid paying down payments before the mortgage is approved

For those of you who have decided on your dream home and want to buy a house with a mortgage scheme, avoid paying a down payment before the mortgage is approved by the bank.

This is to avoid losses if something undesirable happens.

4. Make sure the certificate has changed its name

Next, if you intend to buy this residence, make sure to check the legality of the existing documents, including the house certificate.

Make sure you check that the land and building certificates have been transferred to the name of the developer.

This will have a long-term impact on the documents of the house you will live in in the future.

5. Check the housing IMB

Apart from that, also check that the property developer already has it Building Construction Permit (IMB).

This IMB is the official basis for us to construct buildings, which includes building data.

This document will also show that housing construction in accordance with applicable regulations.

6. Don’t carry out house buying and selling transactions under your hands

If everything is safe, make sure you carry out transactions legally or clearly.

The reason is, buying and selling houses is not protected by law.

Therefore, make sure you carry out an official house buying and selling transaction before a notary.

If the house you want to buy still has collateral status at the bank, transfer the credit to the relevant bank and make a sale and purchase deed in front of a notary.

7. Immediately take care of AJB and SHM

After the house sale and purchase transaction is complete, immediately take care of the Sale and Purchase Deed (AJB) and Ownership Certificate (SHM).

AJB is legal proof that you have bought the house, while SHM is proof of ownership of the house.

You can immediately apply for the certificate with the help of a notary or PPAT expert in the residential area.

Buy Trusted Housing from the Official Rumah123 Property Developer

Buying housing should not be haphazard and requires a lot of careful consideration.

Because, housing is not only for current residence. More than that, housing can be an investment asset in the future.

To avoid unwanted things from not knowing about property developers, make sure you get one housing recommendations from trusted developers.

One of them is by visiting the Rumah123.com page to see various choices of dream homes from trusted official developers.