Guide toBuy aNew Home

One of the best decisions pertaining to the real estateinvestment or that of a house to stay in is buying a fat rightaway.

Read on to know what things are to be kept in mind whilefinalizing a home.

Location

The location you finalize for yourdream house has a lot to do with thevalue at which you wish to resell thehouse if you have any such plans inthe future.

Considering the resale value of yourhouse is always advised by everyonearound.

Right from the age of the applicantto the eligibility, repaymentcapacity, income, etc. – all aretaken into account.

Moreover, the rate at which the loanis sanctioned is not constant.

The repayment structure becomesvolatile which might not work infavor of the applicant.

Loan

Insurance

Getting your property insured is one of the best practicesto follow.

What serves to be an advantagehere is that the cost isrelatively low and theinsurance provides coverage incase of problems with theproperty title, certaindamages, or any legal issue.

Budget

Taking note of thebudget is not onlyimportant tofinalize the housethat falls underthe limit but alsoto know how muchmoney will be lefteach month to meetyour expenses.

A property is ahuge investmentwhich is why beingsure that theinvestment propertytakes care of allyour needs and iswell within thebudget is critical.

Additional Costs

There are a lot of other costs as well which need to be paid.

Fees or service charges by real estate agents

lenders or mortgage brokers

home inspectors

land surveyors

lawyers or notary

stamp duty charges

registration charges

maintenance charges

Contact Us!

www.gphomes.co.in

+91 93444 81444

sales@gphomes.co.in

Thank You!