Checklist for First-Time Home Buyers

Are you planning to purchase a home for the first time? If yes, then there must be sundry questions related to cost, amenities and location, running in your mind. To ease your decision, we have come up with certain tips.

Here’s a checklist to assist you with your first property purchase:

Evaluate your needs: The very first step while planning property purchase is to know your needs well. This includes both the size as well as the type of house that you require based upon your family size and lifestyle. Aside of this also list out the locations that best suit your needs.

Financial viability: Home purchase calls for big investment and hence you need to evaluate the portion of your hard earned income that could be spent.  Fix your maximum budget and stick to it so that while browsing through property; you can easily narrow down to best homes that fall in your budget.

Market Research: Do a thorough market research to gain knowledge about the localities that are best suitable for residential space. The best way to select apt locality is by evaluating it in terms of physical and social infrastructure, proximity to school and hospital, water and sewage conditions, connectivity facilities etc. This would also prove beneficial if you are buying the property for investment purpose as there would be better scope of rental returns and value appreciation.

Keeping all the above points in mind will help you pick the best residential space from the various options available.

2 thoughts on “Checklist for First-Time Home Buyers

  1. Redwood residency is superbly built keeping in mind the modern day needs of people. The best part is the presence of day care centres and play area for kids. We are looking forward to shift there soon.

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  2. We were keenly looking for good luxurious apartments in Sirsa. On a friend’s suggestion we visited Laurel garden. They seemed impressive at the very first visit as they comprised of almost all desired amenities like showrooms, multiplex, play school clubhouse and much more, all within the premises. Since it was ready for possession, we did no delay in booking.

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