When buying a home, a few mistakes could result in irreparable losses. This often happens to home buyers who are lured by offers, discounts and freebies and tend to forget their actual requirement and hence tend to mess up. 1. Not going through the purchase agreement before buying a home When a buyer skips their purchase agreement, he/she makes themselves vulnerable to
Due diligence and awareness of your rights can certainly protect you against unscrupulous practices by developers. In an industry that still lacks transparency, it is best to physically inspects all documents before buying any property. First and foremost, drafting a sale agreement should be done with the utmost care. A property buyer should fully understand
The monsoon season is often an eye-opening experience for prospective home buyers, opening doors to provide valuable insights on their intended purchase. During this, a real estate property and its surrounding areas are significantly different compared to the rest of year. Local Infrastructure and Amenities Real estate experts advise that home seekers should visit the construction
While opting for a home loan, lenders will not sanction a loan for the entire cost of the house. Moreover, as per the RBI’s directions, lenders are not allowed to take into account the stamp duty and registration charges, while computing the cost of the property. Consequently, a portion of the total amount, has to
Acquiring a home or rather building one has always been on top of the list of ambitions for every Indian for sure. The beginning of the 21st century has witnessed significant growth in this trend with an increased supply of disposable income in the hands of young Indians. Here are 10 must follow tips for
There’s been quite a lot that has been said of real estate agents in the current day; make a lot of money without any proper training and knowledge.They are in the business for money but nothing more, always looking to exploit a gullible customer for more money. However agents can also be very helpful for a first time
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