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Things to consider while buying your first property
Investment in property is never easy, especially when it comes to buying a house or flat to live in. This thought itself triggers many questions related to location, locality, amenities & so on. Advertisements of developers & real estate agents are making people more confused, while making most important decision of their life. Now, what does an individual do? How to make a final call from heap of options?
As per the experts of real estate, first and foremost is finalizing a perfect location that fulfill the basic requirement of everyday commuting. Reaching to office or school is something that cannot be ignored. At the same time, metropolitan cities are getting crowded by every passing day and situation will be worse in the future. No space left to develop new multi-storey apartments as a result rents & land prices are beyond the reach. Expert suggests choosing nearest connected city for long term benefits.
It is seen that several projects are always on the run in these cities. High competition of developers assures consumers to get desired property within budget. Architecture of the building is designed with modern architectural techniques for better safety and complete usage of available space. Companies put on priority some essential features of their project to attract consumers. Facilities like parks, gym, jogging tracks, power backup & parking space are ice on cake.
Second step is to shortlist real estate agency for hassle free services. Everyone in the market claims to be best property dealer but track record is something that never lies. It is always better to make some research about property adviser. Modern technology has made it easy to check credibility real estate service provider. One can go through their official website, review on Google & social media platforms, developing partners & experience they have in this field.
An agency work for several clients at the same time, it means their focus in on other’s requirement as well. One needs to communicate on a regular basis to avoid any miscommunication that may cause a wrong choice. There are many agencies available in market those assign a particular executive to deal with one customer at a time.
Responsibilities of buyer do not end with selecting desired location & best real estate agent. Buyer should visit project sites, which are shortlisted by service provider. Ask for possession date, home loan availability & yearly expenses. Documentation is something that reveals unusual hidden facts. It is necessary to share property documents with legal adviser to understand terms and conditions from developer’s end.