You must be ready to buy a home physically, financially and emotionally. Your own home is a great freedom, but also a great responsibility. If you have a steady income for over two years that is reliable, have paid your bills on time and have a good record, have few large, long term debts such as a car or boat, have a credit score that qualifies you for a decent loan that will not make you pay too much in interest, have money saved up for a down payment, and have the ability to pay a monthly mortgage payment plus additional costs that come along with owning your own home.
In time you’ll have a short list of homes meeting all your criteria. At this moment, how do you choose just one? You can make a point system, tally the points and find out the winner. (Sparkling clear water? One point. Friendly neighbors? (Another point.) Or you might just want to consider what your gut tells you, choose that home for whatever unexplainable reason.
It is simple and stress-free to find your way around town. From the Ferry Terminal, the old roads of the Sa Pena will bring to the old city of D’ Alt Vila. You will find there a number of medieval buildings that will send goose bumps all over. At this point, you will also find classier restaurants, hotels and flats. Enjoy a picturesque view of Ibiza on the window of your flat. Ibiza villas are for sale in every region and are friendly on your pockets. You can also invest in or purchase other kinds of properties. Feel free to contact an Ibiza Real estate agents of your choice. They are always ready to be of help. For cheaper options, you may go down to the harbor, one of the suburbs, or other villages in the island.
___ The offer. Don’t reveal your thoughts on possible negotiations to the agent. Make out your earnest money check to an escrow agent, or the real estate broker if they have an escrow account. Specify what stays with the home, and who will pay for each closing cost. Have contingencies in the offer for any necessary inspections.
Price guide: You need to be the professional who has inside information about the price. The client may be interested in your opinion so prepare yourself well. You need to be careful that you do not quote a price that is too low or too high. You need to be ready with market trends and facts for the particular area and similar properties. Guide them to make an informed decision.
If you have a current mortgage on your property you will need to find out what the payoff will be. This is how much you will need to pay your current loan off completely.
But you have to make sure that you will find the best real estate agent that can work for your interests. Work with a real estate agent who will guide you on your quest and will add up information and knowledge to you.