5 Mistakes to avoid while buying a Home

Buying a home should be a deliberate process carried out with care and caution. As any wrong step from your part will shatter the idea of a dream home, the purchase should be made only after careful scrutiny of certain associated factors. Whether buying a house or a flat or an apartment, there are some guidelines to be followed to ensure that the buying process is completed hassle-free.

Here is a list of 5 mistakes that should be avoided while buying a home.

 1. Financial burden

Many are lured by the charm of big houses even if there is no use of those extra bedrooms for their family. By doing so one is making a long-term burden on their finance with the bulk EMI amounts and loan repayments. It is always advisable to stick to your budget and choose a house ideal for your family’s requirements rather than opting for what you cannot afford only to regret it in the future.

 2. Over-looking resale value

At times, the eagerness of owning a home results in overlooking factors like resale value that may affect one in the long run. Always keep in the mind the possibility of selling the property in future due to unforeseen circumstances. Consider the location, condition and environment to analyse the resale value.

 3. Ignorance of carpet area

Most builders and developers advertise the size of the house or flat to be an attractive figure. But do not fall prey to this marketing gimmick as the prescribed dimension might only be the super-built up area that includes staircases and passages and not the actual useable carpet area. One should always verify whether the advertised area is adequate for the family considering the super built-up and carpet area.

Read more

Builders in Calicut

Leading builders in Kerala
Best Builders in Kerala
Top Builders in Kerala
Trusted Builders in Kerala
Best Builders in Calicut 
Top Builders in Calicut 
trusted builders in Calicut 
Leading builders in Calicut 
builders in ottapalam
calicut builders

Location: Kozhikode, Kerala, India

Comments

Post a Comment

Popular posts from this blog

Apartment Living and its Benefits for People with Busy Lifestyle

Image
Times have changed and so did our lifestyle too. We get caught up in our everyday lives and become busy, leaving us with little or no time for ourselves. The fast-paced life has made it challenging to maintain a well-rounded life with factors like unpredictable traffic and inconvenient working hours taking away valuable time to be spent with our dear ones and for ourselves too! But have you ever thought of how an individual’s living space can influence the chances of overcoming these challenges to lead a healthy and happy life in spite of their busy schedule? Well, apartments have become the ideal place to live in this time and age. Thanks to the amenities, facilities and fine features in apartments, it is now easy to indulge in activities to keep our bodies fit and mind relaxed. Below listed are some of the key benefits of living in an apartment and factors that support our busy lifestyle too: Easy access and availability of amenities Apartments come with a wide variety of modern and
Read more

Top 10 home energy saving tips

Image
Creating a sustainable environment for future generations is a task that demands a collective effort from each and every one of us as human beings. It is great news that a lot of people all over the world are leaning towards a more eco-friendly approach when it comes to choosing an apartment. Here are a few tips that will help transform your House into a living space that doesn’t burden the environment in the long run. Start by saving water Water consumption is one of the most obvious but often overlooked factors when it comes to minimising your ecological footprint. Swapping your showerhead for a low-flow shower is one of the few ways you can save up a lot of water and minimise unnecessary wastage. Another thing to make note of is to not leave the tap running when you’re brushing your teeth or shaving. Also, make sure you immediately take action to fix any leaks and faulty pipes that you find in the house. Make the change to Energy-saving bulbs If you’re someone who still uses incanda
Read more

Things To Do After Getting Possession of Your Dream Home

Image
Buying a new home can be an overwhelming experience because of the strenuous documentation processes involved. And after crossing all the hurdles many tend to plan about moving in to the house as soon as they receive the possession letter. But there are other important things to be done after getting possession to ensure that the ownership is transferred completely. Here are 4 things to be done immediately after getting possession of a new home.  1. Digitise property documents It is always advised to make copies of all purchase-related documents soon after the registration to use for further official purposes such as address change or for a personal copy before handing over the originals to a bank in case of a home loan. Scanning and digitising the complete set of documents is also a wise step for quick references without taking out the originals from the locker.  2. Transfer public utilities Electricity and water connections should be transferred to the owner’s name after getting the
Read more