10 Steps on buying homes

Analyse your money in order

  • Specify your income generating sources
  • Specify your mortgage property if you are willing to take mortgage against your property
  • Analyse your credit score

Consult Bank

  • Find the interest rate of bank
  • Get acquainted with the processing charge
  • Know about the valuation procedure
  • Compare between different bank interest and procedure
  • Tally with your credit capacity

Get pre-approved mortgage

  • Choose the best financial alternatives
  • Get approved for loan from the bank/financial institutions

Determine your needs and want

  • Be sure what you want
  • Land or Building
  • Individual home or commercial property
  • Road access
  • Locality and so on…..

Get help from real estate company

  • It is better to get help from professional
  • Find out registered realtor or agency
  • Get help from online real estate portals

Start hunting property (Home/ Land)

  • From online real estate portals
  • Newspapers
  • Registered (Agents/Agencies)

Verify the property (Inspection and test)

  • Analyse its structure
  • Age of property
  • Road access, drainage facility, water facilities
  • Locality
  • Price
  • Room
  • Access to public transportation
  • Legal document of the property

Identify best alternatives and avoid errors

  • Select best out of various alternative
  • Be sure about all the legal documents
  • Consult with malpot, banks and be ready for the deal

Legalize your deal

  • Once, you are ready; get help from real estate lawyer
  • Legalise the deal in written form attested by government officials

Close the deal

  • Now, you are ready to own the property you aspire without having any problem

Thanks for reading! I’d really appreciate it if you recommend this post so other people can find it.

Also if you are looking to invest in properties, head over www.basobaas.com for some awesome selections.

Write A Comment