Purchasing a home is an intimidating task. It is that long-term investment which has to be made wisely post extensive research and intricate thought process. You have to ponder over umpteen number of things before spending your hard-earned money on your fundamental necessity of shelter. However, a home is not just a basic need but that place with which you can relate to. Feelings of comfort, convenience and closeness are indispensable at home.
So, today one of the most prominent constructors, Girish Avhad is giving you few tips if it’s your first time that you are going to buy a house.
· Decide that what kind of home is appropriate and most suitable according to your needs - a typical single family house, a multi-family building, a townhouse, a villa or a condominium. There is variety of options form which you need to choose from. Each option has its own set of pros and cons, depending on your ownership goals.
· Next step is to determine that what specific features you need in your ideal home. A home is one of the biggest purchases of your life and you deserve to have both wants and your needs met by that purchase as much as possible. They can vary from size of your home to adjacent neighbourhood to your modular kitchen with essential appliances.
· The next significant factor is to know how much home loan you will be qualified for. Get an idea of amount of money a lender is willing to give you for first home purchase. Many factors are taken into consideration by lender like your monthly remuneration, other debts and duration of your current job.
· Look for a real estate agent who helps you find a home and guides you through the entire process of house hunting. He helps you locate homes which are within your range and fulfil all your needs too. He also helps in negotiating the price of the house you’ve chosen in addition to getting you loan and completing all your paperwork.
So, now that you know what points to bear in mind before making that big purchase, what are you waiting for? Go on and purchase house of your dreams!