Are you a first-time home buyer? Then you must be in a state of confusion with regards to multiple things. You have to check the background of the property, developer, project, legal documents, neighbourhood, and many other things. However, in order to avoid last-minute hassles or any future consequences, rechecking all the above things is quite important. So, here’s a checklist which first-time homebuyers must follow to avoid any kind of discomfort and insecurity:
Like the Occupancy and Encumbrance Certificate, the Tripartite Agreement is also an essential part of home buying and this document is important to avail financial support from the bank. So, here are the things you must know about the Tripartite Agreement as almost every second home buyer look up to the financial institutions to get a home loan sanctioned within the minimum time possible:
Being a homeowner is not an easy task as the entire procedure of availing home loan makes a person run from pillar to post. But, apart from comparing the financial institutions and documenting paperwork, the home loan applicants do not consider few essential terms which mean a lot to them particularly while repaying the home loan. So, here in this blog post, we help you known about the financial terms that sound heavier than owning a home:
Buying a home is a big task especially when you are buying a first home as it involves searching for a budget-friendly property in the location of your choice and many other things. Then come amenities and finalization of the budget of the respective property. But, one thing which you must consider as a top priority is the amenities. Every residential property offers more than one feature and thus it is the prospect alias you who needs to choose a property for purchase while considering the requirements of the given amenities.
In short, the budget for owning a home can get off the track in case you opt for a home with almost all amenities that are offered with the particular property. This result in an increase of the cost price of a residential unit and thus you must know how to choose a home with right kind of amenities for you and your family.
The Delhi Development Authority [DDA] come-up with a housing scheme every year in order to cater the requirements of the aspiring home buyers. Similarly, this year also, the authority has opened lines for the property aspirants to fill up the application.
DDA choose a widespread land piece for the construction of housing projects in multiple sizes and budget. This helps the people of every section to realize the dream of owning property in the National capital Delhi.
You must also be dreaming to be a landlord? But, the highs and lows in the financial conditions are not letting you decide about home buying. Well, the confusion in accordance to owe property is not limited to this reason. As people lose a lot of time thinking to buy or not to buy home even after having sufficient funds.
Basically, it’s all in your head. Actually, there is nothing weird about it as we have people with different perceptions around. Thus, we think about the certainty of any action while considering others opinion too. So, flush out the multiple thoughts from your mind and clam take a look at these ten signs that let you know if you are ready to buy the home or not.