The search for a home demands dedication, time, and effort. First time homebuyers, especially, should plan thoroughly before buying their first home. Becoming a first time home owner requires a comprehensive understanding of the home buying process, consistent effort, and diligent financial commitment. This will enable you to find a home that suits your current life stage and budget and that will also meet your family’s future needs in terms of space, location, and value.
Tips For First Time Home Buyers
CHECK FOR BANK-APPROVALS
An important aspect to consider while buying a house would be to check if the project is approved by a reputed bank or not. Since the bank itself verifies everything, these projects always have the assurance of being legally and financially compliant.
VERIFY THE PROPERTY THROUGH RERA REGISTRATIONS
Check if the property is registered under RERA (Real Estate Regulatory Authority) and verify the RERA number online by visiting the official website.
Thought of AMENITIE & SPECIFICATIONS WITHIN THE DEVELOPMENT
Once you’ve decided on the type of property, you need to further take into account the kind of lifestyle you wish to live; here’s where the amenities and specifications offered by the property come into play.
REVIEW MAINTENANCE COSTS
Another important factor to consider, especially if the project has a range of amenities and features. Asking about the annual maintenance costs in advance helps you gauge the total cost of living in a particular project as well.
REQUEST FOR AN AERIAL VIEW OF YOUR HOME
Next up, you can ask for a drone shot of the view from your possible new home. It can even help you narrow down on the floor of the house, the balcony view, and check for ventilation and natural light.
LOOK AT THE NOISE-CANCELLING FEATURES IN YOUR HOME
While it’s commonly perceived that a top floor apartment gets rid of the noise outside, it is not always the case. If the property is parallel to the main road, the sound of the blaring horns and commotion may reach your house. Therefore, check if the developer is providing you with sound-proof windows that cancel the outside noise to a great extent. Your home, after all, needs to be your safe and peaceful sanctuary, away from the bustling city life.
CHECK IF YOUR HOME IS VASTU-COMPLIANT
Although the belief may vary from person to person, most homebuyers do take the Vaastu compliance of the residences into consideration. Therefore, most real estate developers make sure that the homes they build are Vaastu-compliant. You can check for this aspect too while buying your home.
EXPLORE SOCIAL INFRASTRUCTURE
Next, check for the social infrastructure and connectivity across the city. Make sure you buy a property that is well-connected city-wide and one where you can find the best of healthcare and education in the vicinity.
CHECK REPUTATION OF BUILDER: