Things to consider before buying home

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Things to consider before buying home

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This is a quick guide for all first time home buyers to understand what to look for exactly in an apartment and choose the right home with a right realtor – PowerPoint PPT presentation

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Title: Things to consider before buying home


1
10 Important Things to Consider when Buying a
House
  • Here's What You Need To Know

2
The Experience of People Around You

When you start looking for a home, the first
thing you find is people with a lot of opinions.
It's important to ignore everyone except those
who provide grounded advice. Family who have
bought one house in their lives probably don't
know details of today's home-buying process.
People who have worked in real estate, probably
do know their stuff, so listen to them. When you
pick a Realtor, pick one that comes with solid
recommendations from around the area and years of
successful representation among buyers
3
The Size of the Home You Need
  • no matter how tempting it isbuy a bigger space
    than what you currently need (expected family
    growth included). A big house just means there is
    more space to maintain, more utility bills to pay
    and more things that could go wrong. So think
    about where you have lived before, and how much
    space your belongings really require. If all of
    the homes you are looking at are larger than you
    need, consider looking at condos or townhomes.

4
Your Loan Approval Numbers and Down Payment
Options
  • Getting pre-approval for a loan isn't an instant
    lock, but it does give you a very good idea of
    what sort of mortgage you can handle, making this
    an important step. Your mortgage approval numbers
    will also dictate how much you need to consider
    for a down paymentusually around 20 and
    individual deals made with sellers. If you find a
    house that is over your loan pre-approval limit
    or you cannot afford putting 20 percent down as
    cash, it's time to move on. It's vital that you
    stay within your means, no matter how much you
    fall in love with a house.

5
What Home Inspections Uncover
  • You must always include information on
    inspections. A home inspection isn't just a
    formality, with a house including foundation
    problems, rot, pest issues, roof damage, mold,
    improper insulation, out-of-date wiring and much
    more.The repuated Developers In Chembur have well
    furnished apartments but You need to know about
    issues before you make a final decision. The
    problem often leads to a new offer with the
    condition that the seller pays to fix the issue
    before you officially buy it.

6
The State of the Neighborhood
  • Take a walk! Go a few blocks in every direction
    and see what there is to see. How do the houses
    look? What's going on in the yards? Are
    neighborhoods being built up and refined, or are
    they run down and getting worse? What is the
    average age of the people you notice? If what you
    see makes you uneasy, reconsider buying a house
    there. Safal Builders have properties in various
    Suburbs of Mumbai which are safe and secured. You
    should also take a look at crime ratings and
    median home prices for the neighborhood.

7
Proximity to Work and Schools
  • Check the routes to work and nearby schools as
    appropriate. Note any public transportation stops
    as well. Don't just look at a map Travel the
    routes yourself and see what they are like, how
    busy they are and how much time it will take.
    Safal Twins Chembur is situated in the prime
    locationof the city.

8
State of Offers on the House
  • Are there any other current offers on the house,
    or are there expected to be? A knowledgeable
    Realtor will have a very good idea about this. If
    possible, it's also good to have some idea about
    who is bidding on the property. An investor, for
    example, will often offer cash upfront and will
    make counter offers very difficult. Builders In
    Chembur quote a reasonable price for luxurious
    Home. Remember that there is always a certain
    amount of competition over popular houses.

9
The Age of Appliances
  • Appliances are some of the most expensive
    portions of the home and deserve a closer look.
    Generally, if an appliance is more than 10 years
    old, the time is coming for a replacement. This
    applies to ovens, refrigerators and other
    important fixtures. Also, always make sure that
    the appliances you see will actually be staying
    in the house after you buy it (some sellers can
    be very sneaky about this). And keep this article
    nearby after you buy a home, in case you need to
    make appliance repairs! The Luxurious homes at
    Safal Heights Chembur is the new age technology
    driven home.
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