Guide for first time home buyer

1. Guide for first time home buying

2. Below are points one must take care before buying a new home: • Study your Affordability: When you start thinking to buy a home, you tend to overwhelm yourself with unending questions. The answers to these questions will unfold, once you take into account the most important aspect of Home buying - Affordability! Before kick starting your property search, it is necessary to thoroughly scrutinize your present financial position. • Applying for a Home Loan: Once you have studied your financial position, its time to look for good lenders. In India banks are the most reliable sources of money lending.

3. Where to Buy?: The answer to this question will help you to proceed smoothly with your home buying plans. The area where you find quality infrastructure and basic amenities within hand's reach is probably the best location to look for a property. At times, the place where you find good employment prospects becomes your choice for settlement. • Looking for an Ideal Property: Once you have arrived at a common consensus as where to buy the property, you can climb the next step of the home-buying ladder by beginning your property search. A bit of research and study will help you with this. • Capturing details: The most common of all the mistakes people make is that they tend to forget whatever they have seen about the property. In such cases it will be rather wise to pen down the facts and figures disclosed by the builder and take a picture or two of the property. • Inspect the Property: Just taking photographs is not enough to close a property deal. There is lot more to it than this. Inspect each and every aspect of property buying right from finances to the post-moving-in issues.

4. Understanding Legalities: One must have an eye towards detailing when it comes to the legalities. In order to stay away from the legal issues it is necessary to maintain caution in the initial stages of property buying. • Negotiation and Property Registration: Once you have gained an insight of the legalities involved in property buying, try and negotiate with the builder on the purchase deal. In most cases a healthy negotiation often ends in bringing down the property price. So bargaining is definitely a good practice which saves you a good deal of money. The deal comes into final stage of conclusion with the property registration process. The buyer gains the legal ownership of the property only upon registration. • Checklist for Possession: Before taking the keys to your new home it is necessary to make sure that things are perfectly in place • The Moving Day: Probably the most stressful moment one encounters is on the day of moving. A little planning and co-ordination will make this experience more enjoyable.

5. Budgeted flats helps you in finding new house taking into consideration all above discussed points. For more information contact: Budgeted Flats Address :- Office 102 D & E, 2nd Floor, A- 3 Building, E-Space IT Park, Samrat Ashok Rd, Aga Nagar, Vadgoan Sheri, Pune, Maharashtra-411014 Mobile No. :- .+91 77559 33370 /7755955522 Email :- sales@budgetedflats.com Website :- www.budgetedflats.com