A Checklist for Buying a Dream House
Investment in a house is a significant decision for most people because of the sentiments and money involved.
Although the property prices are soaring in Delhi-NCR, there are a plenty of options to consider:
Lease option: Lease options can be a very useful home buying options but they’re not for everybody. As it is a little more expensive than renting so it has to be assessed whether you can afford the option money which is required for a lease option contract to be valid. Another thing to consider is whether you plan to stay for a long time as lease contracts are made for long term commitments.
Rental Income: Income from rent is an undeniable benefit that can be gained from an extra room or the entire property. So before buying, finding out attractiveness of the complex for rent purposes can help as a backup plan for the property in case you don’t expect to live there right after purchase. Resale potential is another factor that influences the price of the property so it should be a priority to buy real estate where it has good resale value.
Costs of maintenance: Water, Electricity, security, Gardens and yards are the issues that usually improve the prospects of the property which in turn allows charging a premium. So finding a property where the maintenance costs are low can be a lucrative deal. supertech azaliya — a residential township provide all these facilities without burdening the budget.
Research: Buy a property you can afford now, not later. Certain important factors like cost of buying, registration costs, market price and municipality standard circle rate should be included in the research for the property as they can ensure a smooth hassle free decision making process that leaves scope for educated decision. A good neighborhood is also an added benefit which makes your life easier so checking the neighborhood can be on the list as well.
Access to facilities: it is very convenient if hospitals, school, public transport, gas pipeline etc are available around the property.
Auctions and Insurance: Much Real Estate in Gurgaon is sold through auctions so keeping an eye on the ongoing and upcoming auctions can provide amazing opportunities. Apart from that, getting appropriate Insurances is also required to ensure unexpected shocks and reduce unsolicited liability.
Home inspection: Once you’ve found a suitable house with an agreeable seller, it’s time to get the home inspected. Get an independent professional home inspector to do a full inspection so you can become aware of any problems the house may have.
