6 Things To Remember Before You Buy A Home
Buying a home is one of the most important life decisions that most of us will ever make, which is why it is a good idea to proceed with care and caution.
Here are 6 things to keep in mind before you buy a home:
1.The location :
The location of your home is important both in terms of enhancing your quality of life and fetching good returns (rentals and capital appreciation). Choose a location that is easily accessible and is well-connected to a range of civic amenities like schools, hospitals, shopping malls, retail outlets and entertainment hubs.
2. Layout and design:
The layout and design of the residential project as well as that of the home that you’re looking at is important. Look for large, space-efficient interiors, vast open green spaces, and adequate light and ventilation.
The on-site amenities offered by at the residential complex can greatly add to your comfort and enhance your quality of life. Look out for fitness and sports amenities, a clubhouse, parking facilities, power backup, and more. An impressive range of amenities can also fetch you better ROI.
4. Need vs. want:
Before you decide which home you want to buy, be sure to make a distinction between the home that you want vs. the home that you really need. For example, you may really want that luxurious 2 BHK, but you may actually need that simpler-looking 3 BHK. Or, you may have fallen in love with that grand 4 BHK, but your requirement may only be that of a 3 BHK.
5. Builder’s reputation:
Buying a home is a major financial investment, which it is why it is advisable to go with a reputed realty developer in order to ensure quality construction, timely delivery and transparent processes.
6. Home loan options:
A good credit score is a good starting point to get suitable home loan offers. Make sure that you survey your home loan offers before choosing a flexible plan that works best for you.
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