Buying home can be a complicated process especially for first timing buyers.
There are actually many things you need to be careful while buying a home for the first time.
Let's check Out, What Best Advice Live Up CEO and founder, Mr. Ashish Sharma gives us before buying a house.
Home buying is a lengthy process and the following points should be followed-
1. Make Research and Be Prepared to Buy the Best Property
You have to make sure that you have adequate time to do proper research about the market from a true source or consultant whom you can rely upon buying the best property at a reasonable price.
2. Understand Your Requirement
You have to figure out what are your requirement and preferences- Make a list of the same.
You may have to understand what types of property you want, which area you prefer, how many bedrooms you may require, and what kinds of amenities you want.
Having a clear idea about your requirement would assist to choose the right property and right builder
Like I said, it is really important to see for how much you can afford- Make an affordable budget before buying a house and be finally free.
Never spend more than 40% of your annual income in your house loan EMI.
4. Take Pre-Approval Loans for Home
You need to make sure loan availability and get pre-approval for your home loan.
This would help you to make a budget plan and understand how much you can afford and how much they can lend you.
As I saidIt is advisable to check other bank loan facility and does not limit to only one banker.
There are many banks providing best loan options for first time home buyers and some of the best schemes as well.
5. Find out a Best Residential Location for You.
It is highly recommended to plan which location you want to live instead of going based on builders' suggestion.
You have to consider where to buy a house or which areas you may want to stay in a city based on your work location, basic requirements such as educational & health care centres, shopping mall, and commuting facilities.
As you are buying a home for the first time you are totally ignorant about real estate market.
So I highly recommend you to approach someone who is very skilled and have depth knowledge in the real estate industry.
It would help you to get the best information about the industry and they can help you to find apt property matching your budget and requirement.
Không có nhận xét nào:
Đăng nhận xét