10 things every home buyer should know!

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The most crucial things a home buyer should know before buying a home.

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10 things every home buyer should know!

  1. 1. 10 Things every home buyer should know
  2. 2. It’s the most important decision involving all your savings
  3. 3. MAKE THE RIGHT DECISION
  4. 4. Know your requirements #1 Evaluate the size of your house based on your needs , lifestyle & space required for your family today and in future
  5. 5. Choose an ideal location #2 Distance to work, school & frequently visited places Connectivity to key city areas Availability of public transport facilities
  6. 6. Is the area Liveable? #3 Check for Availability of essentials like schools, grocery stores, health care facilities, parks, clean roads and well maintained sewage network
  7. 7. Choose what is right for you #4 Ready to move in, Under construction & Resale properties Do enough research and don’t hesitate to negotiate
  8. 8. Gauge the developer #5 Check their past projects, enquire with brokers & read reviews on blogging sites. Visit the project site
  9. 9. Know your house before it is built #6 Check the specifications of all materials used & ask for samples. Have a clear idea about the carpet area, built-up area & super built-up area
  10. 10. Understand what you are paying for ? #7 Ask the developer for a breakup of all the charges & additional charges like stamp duty, registration charges
  11. 11. Financing your home #8 Maximum home loan amount is 80% - 90% of home cost Best home loan = After comparison on fixed and floating rates of interest
  12. 12. Buying an old property? #9 Check for mortgage or property dues. Documents : Tax paid receipts , nonencumbrance certificate, sanctioned plans, approvals clearance & occupancy certificate.
  13. 13. Be legally correct.. #10 Is the sale agreement registered on a government stamp paper. Are the registration charges applicable as per current state?
  14. 14. CommonFloor.com is India's leading property search portal. On a mission to make property search hassle-free, transparent and fruitful; CF has best of breed property search on maps, property search mobile apps and an extensive section for knowledge resources and advice in real estate.

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