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5 Things You Should Know Before Buying Your Dream Home in India

Written by Roofons Team

November 4, 2022

When Simran was just starting out in his career, he longed for the day he could afford to buy a home. And not just any home – Simran dreamed of owning a sprawling mansion with acres of land, complete with horses and cows running around.

One day, after years of hard work and saving, Simran finally had enough money saved up to make his dream a reality. He went on a house-hunting spree, looking at properties all over the Punjab, Chandigarh, and Jalandhar.

But no matter how much he looked, Simran couldn’t find the perfect home.

The problem wasn’t the properties but the actual guidance with what’s wrong and right. The process of buying a property and which documents to review was unknown, which made this task more daunting.

He wished he had someone who could guide him through the process and tell him what to look out for – someone who could help him find his dream home – without creating a blunder. If only Simran knew then what he knows now, he would have saved himself a lot of time, money, and effort.

Simran is not alone in his struggle to find the perfect home. In Punjab, India, buying a home is often long, complicated and frustrating. But it doesn’t have to be!

Things to Keep in Mind Before Buying Dream Home

If you’re a starter and thinking of buying a property in India:

  1. Find a Good Real Estate Agent

An excellent real estate agent can be your best friend during the house-hunting process. They can help you find properties that meet your specific criteria, schedule viewings and negotiate prices on your behalf. It’s in the Real Estate Agent’s Best Interest to get both parties a deal. But what separates good real estate agents is Transparency and Guidance throughout the process.

Look for an agent with extensive experience in your area’s real estate market and familiar with the area you want to live in. Ask for referrals from friends, family or colleagues who have recently bought the property in your desired location. Or Simply Call Us!

  1. Get a Home Inspection

Home inspections aren’t common in India, but it’s crucial that first-time buyers don’t neglect this step. Yes, it costs money, but it’s worth every paisa. Home inspectors will go through the property with a fine-tooth comb and look for any defects or damage. This will help you make an informed decision about whether or not to buy the property. There are many factors which can make or break a deal that only home inspection can tell; they can tell about the most important aspects of any home, like flooring quality, structure strength, roof age, and many other subjects an untrained eye would miss. And if you are buying land only, you may not need a home inspection, though they can still give a lot of insights like land fertility, water condition, and other land conditions.

  1. Get a Lawyer

For starters, the process of buying a property in India is often long, complicated, and with frequent scams, so it’s essential to have a solid legal team on your side. If you have a good agent, you might skip this, but If it’s your first property or you are going to buy the property through an advertisement, then you must have an excellent lawyer to represent you. A good lawyer will help you navigate the legal complexities of buying a property, review important documents like checking previous owners(FARD), registry and NOC from the parties or government and ensure everything is in order before you sign on the dotted line. They will also help protect your interests if there are unforeseen problems with the property or the sale.

  1. Review the Property Documents

When you’ve found a property you like and are ready to make an offer, reviewing all the documents carefully before signing anything is essential. This includes the sales agreement, title deed, and other legal documents. Make sure you understand everything in the papers and that there are no hidden clauses or fees. If you’re not comfortable reading and understanding the legal jargon, you have every right to ask your lawyer and agent to review the documents. As we said in 1st point, the right real estate agent will be transparent and guide you through the process without any issues.

  1. Explore Neighbourhood by Yourself at Different times

This is one of the most ninja things you can do, and I see people missing out on this often. Once you’ve found a property you like, you must visit the neighbourhood at different times to get a feel for the area. This includes during the day, at night and on weekends. Pay attention to things like noise levels, traffic, public transportation and safety. You should also talk to neighbours to get their impressions of the area. This will give you a good idea of whether or not the neighbourhood is right for you. Or if there are any disputes in the locality of which you and even your real estate agent need to be made aware.

Buying a property is a big decision, and there are many more factors that a starter should consider before taking the plunge.

It’s often overwhelming to find agents, brokers, and lawyers, but don’t worry; RoofOns got you covered.

Why Choose RoofOns Real Estate Agents?

We are a team of experienced and professional real estate agents that are committed to helping our clients find their perfect homes. We follow every step of the home-buying process with our clients, from finding the right property to negotiating the best price. Even Ninja Tip #5 is something we often do for our clients.

We will work with you to understand your needs and budget and help you find the right property. We also offer a wide range of services in Ludhiana, like property management, legal assistance, home loan and construction for your dream home.

So, If you are looking for the best real estate agent in Ludhiana or Punjab, look no further than RoofOns. We will be more than happy to assist you in your home-buying journey.

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