Title: Guide for first time home buying
1Guide for first time home buying
2Below are points one must take care before buying
a new home
- Study your Affordability When you start thinking
to buy a home, you tend to overwhelm yourself
with unending questions. The answers to these
questions will unfold, once you take into account
the most important aspect of Home buying -
Affordability! Before kick starting your property
search, it is necessary to thoroughly scrutinize
your present financial position. - Applying for a Home Loan Once you have studied
your financial position, its time to look for
good lenders. In India banks are the most
reliable sources of money lending.
3- Where to Buy? The answer to this question will
help you to proceed smoothly with your home
buying plans. The area where you find quality
infrastructure and basic amenities within hand's
reach is probably the best location to look for a
property. At times, the place where you find good
employment prospects becomes your choice for
settlement. - Looking for an Ideal Property Once you have
arrived at a common consensus as where to buy the
property, you can climb the next step of the
home-buying ladder by beginning your property
search. A bit of research and study will help you
with this. -
- Capturing details The most common of all the
mistakes people make is that they tend to forget
whatever they have seen about the property. In
such cases it will be rather wise to pen down the
facts and figures disclosed by the builder and
take a picture or two of the property. - Inspect the Property Just taking photographs is
not enough to close a property deal. There is lot
more to it than this. Inspect each and every
aspect of property buying right from finances to
the post-moving-in issues.
4- Understanding Legalities One must have an eye
towards detailing when it comes to the
legalities. In order to stay away from the legal
issues it is necessary to maintain caution in the
initial stages of property buying. - Negotiation and Property Registration Once you
have gained an insight of the legalities involved
in property buying, try and negotiate with the
builder on the purchase deal. In most cases a
healthy negotiation often ends in bringing down
the property price. So bargaining is definitely a
good practice which saves you a good deal of
money. The deal comes into final stage of
conclusion with the property registration
process. The buyer gains the legal ownership of
the property only upon registration. - Checklist for Possession Before taking the keys
to your new home it is necessary to make sure
that things are perfectly in place - The Moving Day Probably the most stressful
moment one encounters is on the day of moving. A
little planning and co-ordination will make this
experience more enjoyable.
5Budgeted flats helps you in finding new house
taking into consideration all above discussed
points. For more information contact Budgeted
Flats Address - Office 102 D E, 2nd Floor, A-
3 Building, E-Space IT Park, Samrat Ashok Rd, Aga
Nagar, Vadgoan Sheri, Pune, Maharashtra-411014 Mob
ile No. - .91 77559 33370 /7755955522 Email -
sales_at_budgetedflats.com Website -
www.budgetedflats.com