What does it all entail when buying your first home?

It is one of the important moments in your life. You’re going to buy your first home! But what is required for that? And which specialists are essential for this?

We’ve listed some things for you so you can be well-prepared!

It all starts with a great mortgage advisor

Buying a house actually starts with a good and reliable mortgage advisor.

A good mortgage advisor takes the time to carefully assess what is possible and provides you with high-quality financial advice. They should also be good at thinking along with you and always available so you can make quick decisions when necessary.

Because it’s very important to know whether your dream home is actually achievable and up to what amount you could potentially offer. It would be quite frustrating if your offer is accepted and then the mortgage doesn’t go through.

Nobel Mortgages can handle all of this for you and is the perfect and reliable mortgage advisor!

A good real estate agent.

Once you have an idea of what you can borrow and offer, the most exciting part of the process begins: the big search for your dream home. You can, of course, do this yourself through various real estate websites on the internet, but you can also work with a buyer’s agent.

The real estate agent listing the property for sale is the selling agent and represents the seller. The selling agent represents the interests of the seller and does everything possible to sell the property for the highest possible price and under the best conditions.

A buyer’s agent represents the buyer and handles the entire purchase process on their behalf. The agent assesses the value of the property, handles the legal aspects, and evaluates the structural condition. The agent conducts negotiations with the selling agent and tries to secure the lowest possible price and the most favorable conditions for you as the buyer.

The disadvantage of a buyer’s agent is that it costs you extra money that you might prefer to use for your new home. The advantage is that this agent can actually save you money in the end. By identifying issues, negotiating, and perhaps even finding a house that is not yet listed on the major websites.

Do you want to know what a buyer’s agent will cost you? Then do some research because there are differences in the fees that agents charge. Some charge a percentage of the purchase price, while others have a fixed fee. In any case, have a conversation with several agents, inquire about their terms and costs, and then see if one of them suits you and your budget!

Reliable notary

When buying a home, you always need a notary. Then choose a notary that suits you! A notary close to home can be convenient. Especially when you have to visit the notary’s office multiple times. Also, pay attention to the price. Notaries set their own rates.

So, request several quotes and compare them. Keep in mind that the quoted amount is usually excluding VAT. Furthermore, carefully check which tasks are included in the proposal. This prevents unexpected costs afterwards.

Have you found the perfect notary? Then the work will begin. After signing the purchase contract, the notary prepares the official documents for the transfer. The notary draws up the deed of delivery, also known as the transport deed.

With this deed, you become the owner of the property on the transfer date. The notary prepares this deed of delivery based on the previously signed purchase contract. With this deed, you become the owner of the property on the transfer date. The notary registers the deed of delivery in the Land Registry after you, along with the notary and the seller, have signed it.

Almost everyone uses a mortgage when buying a house. The notary uses the financial documents provided by the lender to draft the mortgage deed. The mortgage deed details the agreement between you and the lender.

Subsequently, the notary reviews the mortgage deed with you before the transfer. After this, you, the notary, and the lender sign the agreement. In practice, there is often someone from the notary’s office present who signs on behalf of the lender. After signing, the notary registers the mortgage deed in the Land Registry. Now it is publicly registered that you have a mortgage on the property.

On the closing date, the deed of delivery and the mortgage deed are signed at the notary’s office. After this, it’s time for the key handover. Of course, you can take another tour of the property with the sellers to ensure that everything is delivered as expected.

Tip! As a new homeowner, you can deduct various one-time costs from your income with the Tax and Customs Administration (Belastingdienst). This results in financial benefits. The notary fees are partially included in the deductible expenses. The costs related to the purchase contract are not deductible. The costs for the mortgage deed are deductible.

Nobel Mortgages

We mentioned at the beginning of this blog that finding a good mortgage advisor is the most important first step. Nobel Mortgages is that reliable advisor!

Because we at Nobel Mortgages are here to assist you by providing high-quality financial advice and thinking along with you in every aspect. We always go the extra mile for our (potential) clients, truly analyze all possibilities and, when necessary, always think outside the box.

In this way, we ensure that we can achieve what others cannot. In other words, we are fully dedicated to helping you obtain the best mortgage or loan that suits you perfectly and, of course, aligns completely with your situation and preferences.

Do you also want an advisor who looks outside the box and really analyzes all the possibilities for you? Then contact our experienced and enthusiastic team soon.

We are available to you 24 hours a day with the utmost commitment and sincere attention. An e-mail is a snap to info@nobelhypotheken.nl or call or app to 06-54770122.