What do I need to know when buying property in Ningbo?

"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the local laws and regulations regarding property ownership and taxation. 3. It is important to hire a qualified real estate agent who is familiar with the local market and can provide advice on the best properties to purchase. 4. It is important to obtain a survey of the property to ensure that it is in good condition and free from any potential legal issues. 5. It is important to obtain a title deed for the property to ensure that it is legally owned by the buyer. 6. It is important to obtain a loan from a reputable lender to finance the purchase of the property. 7. It is important to understand the local customs and culture when negotiating the purchase of a property," remarked another expat in Ningbo, China.