Setting a budget: Before you even begin the home search, the first important thing is to
determine how much you want to spend on this purchase.
Home prices will vary depending on the location, type of home and other factors. You’ll need to do some research and understand the average prices of homes in your area of interest so as to set a reasonable budget.
In your hunt for a house chances are that you will come up with several houses that meet your requirements and you will need to spare some time for viewing the potential properties. Make sure you list the important features to you in a home.
The sooner you have a good idea of what you want, the easier it will be for you to buy a house in Kenya. Do not buy a house before viewing it. What you see on photos may not be the real picture when you visit the exact location. Try as much as possible to visit any property you wish to buy.
We are working in collaboration with the major banks in Kenya, for example KCB, STANBIC, CBA, I&M, NIC, BARCLAYS among others.
Before you finalise on your booking, you will need to decide on your payment plan. You can either organise for financing with the financier of your choice or you can pay in instalments that can be agreed upon with our office. A deposit of at least 10% is payable upfront.
Usually the documentation can take at least 2 months or more. This depends on case to case basis.
One of the most important steps to buying a home is making an offer. Always try and make an offer that is slightly below the home’s asking price. However, if you really like the home and a professional has advised that it has a lot of potential, then raise your offer a little bit if the initial one is not accepted by the owner.
When making an offer, consider factors such as the condition of the home and other costs involved in the purchase. Make sure you hire an inspector to professionally assess the home and ensure it’s worth the stated price.
A lawyer can help you avoid some common problems with a home purchase. Even if the agreement is a standard form, its terms should be explained to the buyer and revised, if necessary.
A lawyer is helpful in explaining the form and making changes and additions to reflect the buyer and the seller desires.
There are many issues that may need to be addressed in the purchase agreement especially if the property has been altered or there has been an addition to the property, was it done lawfully?
We are located in the Mirage Tower, Chiromo Lane Westlands, Tower 2 Mezzanine 1, Our offices are open Monday to Friday 8:00 AM-5: 00 PM, our sites are open from Monday to Sunday 9:00AM to 5:00PM