Buyer

If you are looking to buy a property, you have come to the right place. At Magic Assets, you will have access to an extensive inventory of ready as well as off-plan properties.

Buying Process.

Buying Process

Step 1:

Identify the purpose of purchase

Step 2:

Estimate your budget. Finance buyers get pre-approved by your bank.

Step 3:

Research the market and identify your preferred locations

Step 4:

Select your agent and sign Form B.

Step 5:

View shortlisted properties

Step 6:

Understand the cost of ownership and expected yield

Step 7:

Make an offer to purchase

Step 8:

On offer acceptance, agent prepares SPA (MOU) and other necessary documents

Step 9:

Issue a 10% deposit under the seller’s name to be held by the buyer agent until the transfer of the title

Step 10:

Obtain NOCs from the developer after seller clears off outstanding payments and service charges

Step 11:

Finance buyers to complete mortgage process at the bank

Step 12:

Title deed transfer at the land department

Step 13:

Celebrate your new ownership!