After much deliberation and discussions if you have finally decided to buy a new home, give yourself a pat on your back! That is a great start towards having a home of your own. There is hardly any better investment in the market that yield as much value as investing in a property; it literally is a zero risk investment. Not to mention, you have a space of your own and roof of protection and safety for your family. Having said that, how do you go about buying a home? You may see a house for sale in Kolkata advertisements online but it is important that you don’t rush into anything. There are a few important factors that you have to consider to ensure that you get the best deal for your money. If you have no prior experience in buying a home, here are a few important rules that you must follow:
Have a reasonable budget
It is no doubt that buying a home requires a huge investment; it is one of the most important financial decisions you would take in your life. While, it is quite easy to think about buying a big house, it is best advised that you be honest with your finance and have a fixed budget in mind for buying a new home. When you determine the exact figure, it would make your task of narrowing down your choices easier.
Take help from the professionals
While you can go out yourself in search of properties, it is would rather be easier to hire a real estate agent to do the job on your behalf. Of course, the agent will charge a commission but it would be totally worth paying the price, considering the agent will do all the hard work for you. You simply have to provide clear instructions to the agent about the kind of the property you are looking for, the locality in which you want the house, your maximum budget and the agent will ensure that you get to see the property that is exactly as per your needs.
Don’t shy away from negotiating
While you are dealing with the seller of the property, remember the thumb rule, it is better to bargain now than feeling the brunt later. Don’t feel embarrassed to negotiate your way with the seller while striking a deal with him or her. Put your points forward in an emphatic way; try to point out the drawbacks in the property to underpin your claim for reducing the price. Don’t try to be aggressive but yet stay firm and affirmative in your negotiation and as far as possible make the seller feel you are being feasible and are offering a quote that is win-win for both parties.
Read before your sign
After meeting all the requirements to buy the property, while it is time to sign the papers, don’t be in a rush to complete the deal. In fact, this is the time that you need to be most patient. Take your time to carefully read all the purchase documents and see if all the clauses that you agreed with the seller are mentioned in the documents. Sign the papers only if you are 100% satisfied with all the clauses mentioned therein.