8 THINGS TO CHECK BEFORE BUYING YOUR FIRST HOUSE

1.      Budget – The total figure you choose to invest in real estate is the starting point towards the investment. Having an amount in mind helps your decision making and choices later on.

2.      Loans – Approvals of loans are the hard part and having a pre-approved loan makes life easier and helps speed up the process.

3.      Location – Check houses in various localities and then research about each locality. Choose the one that fits all your needs.

4.      Working with experienced professionals – Working with experienced agents or brokers; helps relieve the house buying and hunting process. They assist the client in finding the perfect house for them.

5.      Size of the apartment – The size of the family dictates the need of the size of the apartment, apartments of various sizes should be looked at before finalizing on a certain size.

6.      Sniff out any issues, check the property – This is usually more relevant for resale properties, in under construction properties there is certain latitude of change that is possible as it is still being constructed.

7.      Don’t feel pressured – Buying a house is a long drawn process and it is natural to feel overwhelmed or pressured into making a decision. But the sensible decision is to think with your head and make an informed choice.

8.      Patience – This entire process can take longer than you anticipate, the idea is to not give up and keep searching for the perfect property and location that fits all your needs.