Route21

 Contract Process: For Buying

 We appreciate to help you.

 To purchase new properties, the process is going as below.

 

01 Advance Preparation

It is highly recommended for a buyer to set an order of priority for needs when he/she desires to purchase ideal property.

All of such elements are essential for purchase decision-making of property, which

include its value, location, room area/layout, environment and convenience.

However, any real estate has its characteristics with pros and cons.

We believe it is very important for buyer to consider foremost requirements in

advance and make clear of the order or priority of needs (requests), in order to

find out ideal property under certain budget and time.

 

02 Consultation Serviceand Financial Planning

We are prepared to know buyer’s specific desired purchase conditions

and provide information of the property which we believe it is the best and too meet the needs of each buyers.

When purchasing a property, buyer must pay the fee charges such as agent commission

for agency transaction and registration fee as well as the purchase price.

Additionally, you must prepare for the expenses is estimated to be 7 – 10% of the purchase price.

We recommend to make a financial planning of the payment amount totalizing the purchase price and all the charges.

 

03 On-site Tour

When buyer has fixed aim of the location, type and budget of real property, we will get started on finding a property for.

We recommend making an on-site tour of the property, when buyer has found such a property that will meet requirements.

 

 04 Purchase Agreement of
Real Property

When buyer has made a final decision of the property which he/she want to acquire,

buyer must make a “Purchase Application” for the property.

We will accommodate/confirm the terms and conditions and then enter into the agreement.

We will provide buyer “Explanation of Important Matters” prior to the execution of agreement.

 

Explanation of Important Matters

Before concluding the agreement, buyer will be received the explanation of the

important matters by our registered real estate transaction manager.

The Important Matters mean the items which are required to be provided for

explanation by real estate company for the benefit of its buyer, including such

items as the entries on the registry book of the target property, the regulations

by the City Planning Law and the Building Standards Law, and regarding the

termination of agreement.

 

Conclusion of Agreement

Purchase agreement shall state clearly the price, area agreegate, delivery date

and others of the purchasing property.

“List of Fixings” and “Condition Report of the Real Property” are included in the

documents which will be provided to the buyer for confirmation purpose at the time

of conclusion.

These documents are intended to seek the buyer’s confirmation of fixings belonged

to the purchasing property at the present condition.

Requirements for the conclusion of agreement;

Down payment (indication range is from 5 – 10% of the price).

Stamp Duty (to be put on the agreement)

Seal or Signature

Half of agent commission

Identity verification documents (driver’s license, passport, health insurance card

and authorized proof of signature)

 

 05 Loan Application

In case that the buyer needs to get a housing loan,

he/she shall apply for the loan at a banking institution after the conclusion of agreement.

There are various loan products. Please consult with us whenever in need.

 

06 Payment of Remaining Balance and Delivery of Property

Now, we have come to the stage of the payment of remaining balance and the delivery

of the property. We will accommodate with the seller and fix the settlement date of

the remaining balance.

Buyer needs to pay the remaining balance to the seller and at the same time the

seller delivers the property, keys and others to the buyer.