Looking for a new house? 6 Things to Know Before Buying One

Why you need to buy? : The ‘why’ aspect is really important to ponder over; it tells you about the type and size of the house you need to purchase. Before buying you have to clarify the purpose of your buying. Make it clear whether you want it for your family to live or for renting purpose. This will give you a better insight into what you actually need and where. Consider the surrounding and the locality too, as it is essential to have a good neighborhood to live in.

Future life: Look into the future aspects of the house you are about to buy. Look what you will be doing in and with the house in near future.If you are a bachelor or deployed in a transferrable job think twice before buying. May be now you are ready to buy the house, but what about when you get a transfer from your current location or what if you buy a small house and later get married? Well you need to be stable for at least five years to enjoy living in your own house. Future is never known, think about it carefully and plan. In future you may expand your family and have kids and would need more space for them, your work and living space. Think, ponder over, plan and then pursue.

Read More: Housing Demand Picks Up In NCR; Sales Up 18 Percent In Jan-Jun

Despite Sluggish Market, Realty Prices Across Major Cities Witness Appreciation