Before we choose to buy land, besides the location we have chosen In this era, looking for land for investment The main thing that needs to be considered is the price that must be paired with the location. And how to buy land without being cheated You also know the price of land that must be factored into the calculations to understand by yourself to prevent being taken advantage of. Let’s see what needs to be done.
Whether it is buying land or selling land. At least there are still some things to know or small tricks that we should know about buying and selling land that requires checking the title deed to help consider. Land management and know the buying and selling prices before making a decision
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Buying land requires looking at the back of the title deed.
There are many types of land title documents and title deeds (Nor Sor 4) held for buying and selling. Most of them will see that the seller will use a copy. Taking pictures for buyers to check. (Only the front is visible) making it impossible to see the details behind the title deed. But on the other hand, looking at the back of the title deed is important as it indicates details and various changes to the said piece of land.
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Title deed page: Tells the name of the owner. Various important information: land title deed numbers (Can be checked on the Land Department website) Number of areas, etc.
Behind the title deed: Shows the name of the owner who has bought and sold land. (Both the buyer and seller side) has details of the contract recipient, purchase and sale dates, in addition to checking the name of the current owner. You must also observe the type of land registration. Because some plots may have servitudes recorded. (Consent to allow people in the blind area to use the roaming area on the land) Details of land expropriation (In this case, the area in front and behind the title deed may not be equal or the area will be reduced due to expropriation.) And most of the land has a high value. Can be used as collateral with the bank
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Therefore, the details of the mortgagee and the redeemer must be detailed. Land purchases should be made directly to the owner who sells to us, not forgetting to check all the details carefully before entering into a purchase and sale contract.
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Note: The front of the title deed and the back of the title deed must have matching information about the land, area, and number of plots.
Every time you buy land The buyer should have the right to know the details behind the deed. Whether it is a high value location or not, that is considered a consumer right. Inspection will help us know the history before deciding to buy-sell. and seeing the information on the front and back of the title deed We can check in another way. (Check in conjunction with viewing the title deed) That is the land allocation in the next topic.
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Check the land plot
buying land Land must be paid it is a thorough check of the rights documents again before buying and selling. The layout of the land will make you aware of the adjacent land. Know the land number Public road-canal It is considered an overview of the land to see whether there are convenient entrances and exits or not.
Benefits of viewing the land plot
Visualize the overall environment of all neighboring land.
See details of the road policy that was expropriated. whether it intersects with the area of land you want to buy-sell or not What will happen to the land in the future?
Buying land for investment, such as buying blind land to open an entrance (Land next to an expensive road) is considered a way to reduce the budget to build a building. Purchasing like this However, you have to look at the situation as well. Most real estate developers, when purchasing high value land, tend to locate the land in the interior and find an exit next to the road, suitable for developers.
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Currently, you can check the land title deed. Name of the owner by checking from the Land Department website or LandsMaps application (must be viewed together with the title deed). In addition to buying and selling our own land. or for purchasing land in the future No matter how you look for land or buy additional land, you should check it carefully to make sure it is worth the price paid.
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Prices of 3 types of land that you must know before buying – before selling
1. Land appraisal price
It is the median price that the Treasury Department assesses and determines this price (done every 4 years, covering the entire country). It is used to calculate taxes and land transfer fees. The assessed price will be lower than the actual purchase-sell price. Because if the government announces an appraised price equal to or higher, it will cause people to pay very high taxes. Therefore, whenever there is a purchase or sale of land, it must be clearly stated what the purchase and sale price is. to use the higher price to calculate tax
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2. Market price
This price is not the actual buying and selling price. Most are used with banks or asset appraisal companies that have a certain level of appraisal standards. (This is the price used mainly for legal transactions) which the market price will be higher than the Treasury Department’s estimate is normal.
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3.Actual trading price
This price has no clear numbers or principles. It is a price that arises from satisfaction between the buyer and seller. Therefore, a method must be used to check from the price of nearby land that has recently been bought and sold to see what the rate is. compared to size Plots interested in buying-selling Can be set cheaper or more expensive (Depending on satisfaction) or check from websites for buying and selling houses in nearby areas as well.
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Therefore, buying land We should check the whole title deed. The actual buying and selling price first so as not to be taken advantage of. It is considered that the money already paid has actually created value for the land.
With land and houses, houses and gardens, and various styles of home decoration. Including buying and selling real estate here.
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