It’s not at all rare in real estate for people to keep an eye on the property market for years searching and researching, without making a decision to become serious buyers.
There is a general sense of worry that the money outflow is so huge in such a transaction.
But a BIG MISTAKE that people make, is not buying at all, not realizing that good opportunities are passing them by.
Consider your budget if you have saved up money for your future home, or the amount of home loan you can get to evaluate which options work well for you. There are enough properties on the market now, especially ready to move in ones.
Starting with knowing your needs and saving up money for the purchase, you can interview potential agents, and start working with one who is both competent and professional.
Start with narrowing down the homes you like, and set up personalized appointments with your realtor to see these homes on a weekend.
When you’ve found a few you like, set up meetings with the developer/seller and get your agent’s help in negotiating for a fair close.
Be sure to check out areas with facilities and infrastructure that is important to you and your family such as – Public transport/Metro, Workplace offices, Schools, Colleges, Hospitals, Convenience stores and Shopping malls, Restaurants & Entertainment, Beaches and Places of worship.
After select localities decide two or three project on that area, after that decide your budget which project is suitable for your budget.Whats your plan for home loan , are you comfortably pay off your home loan over possibly a 20 year period.
If you know a friend, neighbor or family member who is a real estate agent, note that they may or may not be the perfect fit for you. You want someone who is not a newbie. Many agents have increased their rates to a minimum 2% from buyers and also insist on signing an agency agreement, so check the fairness of rates against the breadth of services offered to represent you in a real estate transaction.
