What are the actual steps to buy a house in japan
Buying a house can be a major decision in most of our lives especially when you are from other countries and unfamiliar with the procedures of japan, you might have no idea where to start. On top of the considerable cost and the responsibility that comes with it, the complex process from getting a mortgage to actually becoming the owner of the new property can really be overwhelming, especially for first home buyers regardless if you are Japanese citizen or not.
10 steps of buying a house in Japan
Got pre-qualified
Mortgage pre-approval
Home search
Purchase offer
Contract
Juminhyo transfer
Mortgage approval
House explanation
Closing
Move-in
Permanent residency or Japanese citizenship
Not being black listed by credit card company, cell phone company and so on
No negative credit history
Sufficient income
NOTE: depending on your income, resident status, saving amount you can apply without permanent residency.
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