subject: Independent Houses: First Time Buyers Must Read! [print this page] Very few lucky people get to own a house these days and if you are one of those, then this is must read! A house is a place where you and your family stay comfortably and make it a home. The difference between a house and a home is that while houses are built of bricks and mortar, a home is built of love and affection.
It is indeed a proud moment to own a house for every individual but it also takes your life time savings and hard work.
There are quite a few important aspects that one needs to look into before buying a house. If you are a first time buyer, then you need to be extra careful.
Some important aspects that you need to look into are as follows:
The price factor:
Price is an important factor to be considered. There may be several types of property available in the market but not all of them would suit your pockets. Further, very cheap properties mean that it will come along with some encumbrances that will be difficult to resolve later on. Check out the price factor meticulously because without a right budget it may be well beyond your means. Arrange for finances well before signing the deal. Do not leave it to the last-minute or you will be the one disappointed. After all good properties do not stay up in the market for long!
The area:
While choosing the area or locality where you want to purchase the independent house, care should be taken to find out if it is easily approachable not only for you but for your entire family as well. In case you are settling in a new locality, make sure to scout for good schools, colleges, shopping complexes, hospitals, public transport etc., beforehand so that they are situated very close to your place of living. The ideal thing would be is to enquire about the facilities with the neighbours and about the problems they have been facing while living there.
Documents of the property:
Have the documents of the property checked thoroughly by an attorney before paying the advance. This would help to find out if the property in question is encumbered. Also make sure that the documents are all in place and all the taxes are paid up-to-date.
Inspect the independent house:
If you have decided on buying an independent house, inspect it thoroughly. It is also important that you take your family members along during this inspection because if some defect fails to catch your eye, the other family members may notice it. When in doubt over something concerning the property, never hesitate to discuss it with the real estate agent or you would end up being the loser.
There may be a number of other factors as well when buying mohali property. Be careful in dealing with the real estate agent and to be sure about the deal, just run a cross check with the other agents in the area on the price factor.
by: ajay
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