Here are some example of basic questions that we REDS are frequently asked from non-Japanese clients, when considering to purchase a property in Japan.

Finding a house
-Can non-Japanese purchase a property in Japan?
-Is there any restriction or tax because of non-Japanese?
-What is the best way to find a house?
-What is the process to purchase a property?
-Can we see the inside of property?
-Can we do the inspection of the property?
-How long the property has been remaining in the market?
-What is the reason that the seller is selling this property?
-Is the property price reasonable?
-Is there any geographical risk?

Purchase negotiation
-How much will the property price can be discounted?
-How much will be the related costs?
-How will the buyer decide the buyer if there are several buyers?
-How long will it take for negotiation?
-How much the deposit should be?
-How long the purchasing process will take?
-Is furniture coming together or not?
-When is the earliest (or latest) handing over date?
-Until when the cancellation can be?
-Can I submit purchase offer for two properties?

Financial plan
-Can non-Japanese arrange a housing loan in Japan?
-Is PR necessary when arranging a housing loan?
-How do I apply the housing loan?
-What is the interest rate and how much will be the monthly payment?
-What kind of tax should I pay and how much will it be?
-How much will the brokerage fee can be discounted?
-Is fire insurance necessary, and how much will it be?
-When will be the remaining payment?
-How should I pay the remaining payment?
-Can I remit from the oversea’ s bank account?

Ownership transfer
-When and by whom the ownership registration will be applied?
-What documents are needed for ownership registration?
-When is the timing that the ownership will be changed?
-How long will it take for the ownership registration process?
-How can I know that the property is officially registered with my name?
-Can I register the ownership with my company’s name?
-Can I register the ownership with my wife’s name?
-From when can I start using the new property?
-Who will take care if the equipment does not work soon after the ownership transfer?
-How can we apply the lifeline (electricity/water/gas)?

If you are having a similar question, please feel free to send us email.

REDS’ local Japanese licensed agents will explain you details and advise from A to Z in English, without any consultation fee.

【REDS】Real Estate Distribution System (REDS) Japan

Hiroki Kano (Mr.)

mailto: hi.kano@red-sys.jp