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5 Mistakes that should be avoided while buying a new home
Buying a new home is not an easy task especially if you are a first time buyer. One should
be extremely careful while selecting a new place. Below mentioned are few mistakes
buyers generally commit while buying new apartments. It will help you saving money and
ensure you don’t invest in a loss making property.
Mistake #1: Falling in love with the show of the home.
Never be impulsive. Don’t take the plan of the house as is. Sometimes you get so impressed
by just seeing the model. One need to realize that whatever you see in the model is an
upgrade of reality. This is generally because upgrades are a major portion of a builders
10% to 20% profit margin. However, it doesn’t mean that one should not buy an upgrade.
Instead be clear of the terms while signing a contract. Also a model will not give a fair
picture about the area and the structure of the house. So avoid the mistake of booking the
house by simply checking the model.
Mistake #2: Not getting your Contract Legally Checked.
Agreements and purchase documents are legal documents and should be closely monitored
by a lawyer. Panchsheel greens noida extension contracts are furnished well in advance
for the buyers to understand the legal clauses of the contact. These documents spell out the
terms and conditions of the sale. In case you sign them without understanding you might
face difficulties in future. It destroys all chances of re-negotiating the terms of sale.
Mistake #3: Missing out on Inspection
While buying homes you should not miss the inspection. This is important to check if the
house is made as per your requirements and specifications. All such requirements should
be mentioned in the contract and ensure they are mutually agreed by the builder and you.
Panchsheel greens noida extension provides opportunities for the buyers to check the
development on regular basis and a final check before transferring the possession.
Mistake #4: Accepting delays without a fight.
This is one of the biggest mistakes committed by the buyers. They allow the builders to
delay the construction and delivery dates. This in turn increases the cost of the house as
your money gets blocked. One should try and seek compensation in such cases.
Panchsheel Greens homes are scheduled to be delivered on time. The builders are
veterans in the field and are known for their timely delivery.
Mistake #5: Not considering Hidden cost.
While finalizing a house one should have a clear picture and calculations of all the expenses
and the total cost of the house. All the estimates mentioned in the agreement are generally
the closing costs which are not added to the final cost. Always ask for a complete cost
structure while signing the deal. Panchsheel Greens contracts showcases a transparent
expense sheet and cost of the house.
Consider an expert advice while buying a new house. It is better to be safe than sorry. For
more information visit- http://www.panchsheelgreens2.ind.in/ And
http://www.panchsheelgreens.org.in/

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5 Mistakes that should be avoided while buying a new home

  • 1. 5 Mistakes that should be avoided while buying a new home Buying a new home is not an easy task especially if you are a first time buyer. One should be extremely careful while selecting a new place. Below mentioned are few mistakes buyers generally commit while buying new apartments. It will help you saving money and ensure you don’t invest in a loss making property. Mistake #1: Falling in love with the show of the home. Never be impulsive. Don’t take the plan of the house as is. Sometimes you get so impressed by just seeing the model. One need to realize that whatever you see in the model is an upgrade of reality. This is generally because upgrades are a major portion of a builders 10% to 20% profit margin. However, it doesn’t mean that one should not buy an upgrade. Instead be clear of the terms while signing a contract. Also a model will not give a fair picture about the area and the structure of the house. So avoid the mistake of booking the house by simply checking the model. Mistake #2: Not getting your Contract Legally Checked. Agreements and purchase documents are legal documents and should be closely monitored by a lawyer. Panchsheel greens noida extension contracts are furnished well in advance for the buyers to understand the legal clauses of the contact. These documents spell out the terms and conditions of the sale. In case you sign them without understanding you might face difficulties in future. It destroys all chances of re-negotiating the terms of sale. Mistake #3: Missing out on Inspection While buying homes you should not miss the inspection. This is important to check if the house is made as per your requirements and specifications. All such requirements should be mentioned in the contract and ensure they are mutually agreed by the builder and you. Panchsheel greens noida extension provides opportunities for the buyers to check the development on regular basis and a final check before transferring the possession.
  • 2. Mistake #4: Accepting delays without a fight. This is one of the biggest mistakes committed by the buyers. They allow the builders to delay the construction and delivery dates. This in turn increases the cost of the house as your money gets blocked. One should try and seek compensation in such cases. Panchsheel Greens homes are scheduled to be delivered on time. The builders are veterans in the field and are known for their timely delivery. Mistake #5: Not considering Hidden cost. While finalizing a house one should have a clear picture and calculations of all the expenses and the total cost of the house. All the estimates mentioned in the agreement are generally the closing costs which are not added to the final cost. Always ask for a complete cost structure while signing the deal. Panchsheel Greens contracts showcases a transparent expense sheet and cost of the house. Consider an expert advice while buying a new house. It is better to be safe than sorry. For more information visit- http://www.panchsheelgreens2.ind.in/ And http://www.panchsheelgreens.org.in/