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 thedeal
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
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