Buyers may choose to open a savings account in advance, or invest in more volatile and higher returning assets.
https://www.the-medallionmohali.com/
PowerPoint Presentation
THE PROCESS OF BUYING A HOME
Find The Right Agent
Begin To Identify Properties
Know How Much Can You Afford
Perform Legal Diligence
Find The Right Agent
An important partner in your home-buying process,
a property agent is the first person you should hire.
Look for an agent who is well-versed and has an experience in
the localities of your choice. Pick an agent with good
business acumen about the current real estate market.
Their knowledge about the localities and surroundings, and
home-buying process as a whole coupled with negotiation skills can
prove to be boon for you as a homebuyer.
Begin To Identify Properties
An agent, once hired, will be your partner from the very
beginning of the process. Along with your agent, begin to find
the potential property options in the localities of your
choice. Make sure the properties you choose fits the list of your
key parameters of home buying.
Figure out your expectations from your home such as amenities,
features and specifications. Start touring these properties and
strike out the ones that are not fulfilling all the key parameters
you want in your home. Make a list of all the things you saw in
each property, take pictures and make videos. Sit down and put all
of these together to shortlist.
Know How Much Can You Afford
The price of the property is a crucial parameter. Know that
apart from the cost of the property, there are other overhead
charges, too. This includes stamp duty, legal fees, brokerage fees,
property tax, etc.
Define how you plan to invest in a property. Now, pick the
shortlisted properties and begin to evaluate their worth in context
of the selling price of these properties. Once you find a property
that fits your budget, begin to look for a bank that offers
attractive rate of interest on home loan.
Perform Legal Diligence
Whether you are buying a primary or a secondary property, make
sure that the developer or the seller has the title of the property
(the right to sell). In case the property is in a housing society,
know all about their occupancy certificate and safety certificates.
The home-buying process would also require a legal expert to read
into the agreement and also, handle other legal formalities.
The Medallion
The Medallion Mohali is selling a luxurious independent
apartments with a panoramic view. These flats assure plenty of
sunlight and good ventilation.
+919779927799
www.the-medallionmohali.com
