Thursday, 14 January 2016

Follow the steps if buying a resale property.

Here are few things one must keep in mind before going for a property in resale.

Speak To Real estate Agents.

To locate a resale property in particular project or location, you first need a real estate agent. Besides connecting you with prospective sellers in a locality, a real estate agent will also tell you the prices at which recent transactions have taken place in the locality. They will also give you a clear pcture of the recent price trends about the region and projects you are interested in.They will also tell you about finer things like the type of individuals who reside in that particular area or society.The future of the area in terms of appreciation."Individuals should take the services of a good estate agent, as between the seller and buyer they will ensure that things are clear.Also the real estate agent will help you with the paperwork which would involve registration, payment of stamp duty and getting all the paperwork in place. Of course, real estate agents will charge you a fee once the transaction is done.

Check out the Site and Property for yoursself.

This is most important before taking any major step visit the site your self and check the property and its neighbourhood, it will help you in understanding the area and its locality.And seeing the property will give you a clear picture of its condition.and make sure the property is approved and clear by concerned authorities.


Ensure A Clear Title and Complete chain of documents.

This is the most important aspect to be considered before buying a house. If you are buying a house on a leasehold land or land owned by government, do check for the non-objection certificate from competent authorities. To get such a certificate, you may have to pay prescribed fees which will further inflate the consideration for the property.
The other most important thing is the entire history of agreements and registrations pertaining to that property. The entire chain of agreements and registration should available.

Author is property consultant based in Dharuhera/Bhiwadi.

Property Junction-The resale experts for Dharuhera and Bhiwadi


Sanjay Singh
+919992726944
flatnplots@gmail.com


1 comment:

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