Top 10 Tips Before Purchasing a Home
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Top 10 Tips Before Purchasing a Home

By siliconindia   |   Thursday, July 3, 2014


Bangalore : Buying a home is the most important aspect of your life. You want to get it right, so you need to be aware of few things before buying a home. You might be ready to buy a beautiful home, but are you armed with the required knowledge need for buying? Whether you are a first time buyer, moving out from the parents for first time, owing a house after renting for so many years or buying a place with your spouse then purchasing your first property is a big step. This house buying is a confusing and daunting task. This article will assist you, the home buying process which perfectly fit for you. 1)Understand the responsibilities of ownership: This is the primary thing applies for the home owner. Purchasing a home includes research it plays a major role. Once the research has been done, understand the process and speak with a lawyer because some complicated issues often arise. Choose the reputed, smart and genuine broker those who have a thorough knowledge in this work. 2) Figure out how much money you can afford: This gives you a clear sketch about financial matter and helps to get an idea of how much you can afford by that you can start your research in the same way. If your money is not sufficient you can prefer loan taking. Improve your chances by trying on that financial obligation before signing of papers. 3)Get pre approved form with a mortgage person: This pre approval form tells a Realtor that you are serious about purchasing a home and financially fit to make a purchase. This also gives assurance that you are financially ready to purchase a home. Moreover, this gives more purchase power to a seller. 4)Check the crime report: Provide the required particulars to the local police station they will have the clear statistics on crime. They can give you a clear picture of any criminal records. 5)Check the location: Think about your lifestyle and decide will this area fit for you. Do you have school aged children's? Are you working? There are a few important factors for consideration. If you are new to this area spare the time to really get to know about your surroundings like easy proximity to schools, bus stops and all amenities. 6)Check your local amenities: If you are expecting local amenities like swimming pool, jogging track, squash court, badminton court, tennis court find out what is with walk able distance of the home. 7)Inspect the home: Spare time for a home inspection in a week at different times from, that you know house quiet or active the area is and what repairs must be done before purchasing the home. 8)Test your commute: If you visit frequently to the home you can get an idea what the traffic pattern is during rush hours. 9)Speak with sellers: If the sellers are sharing information with you frankly, they are the best resource to learn about the house. You can ask him about renovations and ideas, whether your plans for the house are possible or not. 10)Clear about the bills: Get the clear information from seller, whether he has any dues of taxes, insurance, utility bills and electricity bills.

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