Guide to buy a new house - GP Homes

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Guide to Buy a New Home
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One of the best decisions pertaining to the real
estate investment or that of a house to stay in
is buying a fat right away.
Read on to know what things are to be kept in
mind while finalizing a home.
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Location

• The location you finalize for your dream house
  has a lot to do with the value at which you wish
  to resell the house if you have any such plans
  in the future.
• Considering the resale value of your house is
  always advised by everyone around.

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Loan
Right from the age of the applicant to the
eligibility, repayment capacity, income, etc.
all are taken into account. Moreover, the rate
at which the loan is sanctioned is not
constant. The repayment structure becomes
volatile which might not work in favor of the
applicant.
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Insurance
Getting your property insured is one of the best
practices to follow. What serves to be an
advantage here is that the cost is relatively
low and the insurance provides coverage in case
of problems with the property title, certain
damages, or any legal issue.
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Budget
Taking note of the budget is not only important
to finalize the house that falls under the
limit but also to know how much money will be
left each month to meet your expenses.
A property is a huge investment which is why
being sure that the investment property takes
care of all your needs and is well within the
budget is critical.
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Additional Costs
There are a lot of other costs as well which need
to be paid.
real estate agents lenders or mortgage brokers
home inspectors land surveyors lawyers or notary
stamp duty charges registration charges
maintenance charges
Fees or service charges by
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Contact Us!
sales_at_gphomes.co.in
91 93444 81444
www.gphomes.co.in
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Thank You!