About buying real estate

First, share your preferred conditions: the area you want to live in, the property type (new / used house or condominium), the size you need, and so on. Your agent will then give you a rough budget. A financial plan is essential — factor in your savings, mortgage repayment plan, and life plan after moving in, and start by drawing up a realistic plan.

The more conditions you have, the fewer listings will match — and other buyers likely want the same properties. Reasonably priced, problem-free listings can go on a first-come, first-served basis. Speed matters. At Felia Home, our locally rooted agents introduce the latest listings that match your requirements as early as possible.

When you find a listing you like, go and see it in person. Visit a variety of properties to firm up what kind of home you want. If you visit a plot of land, consider viewing similar-shaped plots and model homes at the same time. Felia Home will pick you up at a location you choose, take you to the property, and see you back afterwards.

Even if you want to buy after seeing a property, take a moment before committing. We want you to buy only when you are fully satisfied. During your decision period, your agent will share more detailed information so you can compare many listings. Once you are ready to move ahead, we will move on to explaining the real-estate sale-and-purchase agreement.

First, you express your intent to purchase by submitting a Purchase Application to the property owner (seller). Next, you and the seller agree on the sale price and conclude the real-estate sale-and-purchase agreement. Before the contract, a licensed real-estate transaction specialist gives the Explanation of Important Matters; once you are satisfied, you sign and seal the contract documents to complete the deal.

Once the property contract is signed, next comes the mortgage. Mortgages broadly fall into three groups: public loans (such as Flat 35), private loans from major and regional banks, and corporate loans arranged by your employer. Felia Home has partnerships with many major financial institutions, which can lead to better preferential rates.

A few days before the balance payment (mortgage execution day), you sign the loan agreement with the lending bank. Then on delivery day, the judicial scrivener, brokerage, seller, and you meet to pay the balance. Once the seller receives the balance, delivery is complete. For new or used houses, you receive the keys on the spot.

Once the property is delivered, you can move in anytime. Starting preparations 1–2 months before delivery gives you comfortable margin. Felia Home partners with a moving-company; using them often costs less than arranging it yourself and comes with extra benefits.

Tax filings around a property purchase vary by price, type, and how the purchase is funded. One important item is the mortgage tax deduction: if you use a mortgage and meet certain conditions, you can deduct a portion of the mortgage amount from income tax and residential tax. Before purchase, we let you know whether the deduction is likely to apply to your case.

Many brokerages disappear once the deal closes. Felia Home puts real effort into after-sales support so that you avoid problems later. If you notice defects after delivery — even minor ones — please get in touch. We also handle renovation and remodelling consultations, so feel free to reach out anytime.