Simple Steps To Buy Your Dream Flat In Goa

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Simple Steps To Buy Your Dream Flat In Goa
C L A S S I C S Q U A R E S
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Steps to be discussed
BEGIN TO IDENTIFY PROPERTIES KNOW HOW MUCH CAN
YOU AFFORD PERFORM LEGAL DILIGENCE
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Begin to identify properties

• Begin to find the potential property options in
  the localities of your choice.
• Make sure the properties you choose fits the list
  of your key parameters of home buying.
• Figure out your expectations from your homes
  such as amenities, features, and specifications.
  Start touring these properties and strike out the
  ones that are not fulfilling all the key
  parameters you want in your home.
• Make a list of all the things you saw in each
  property, take pictures, and make videos. Sit
  down and put all of these together to shortlist.

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The price of the property is a crucial parameter.
Know that apart from the cost of the property,
there are other overhead charges, too.
Know how much can you afford
This includes stamp duty, legal fees, brokerage
fees, property tax, etc. Define how you plan to
invest in a property. Now, pick the shortlisted
properties and begin to evaluate their worth in
the context of the selling price of these
properties. Once you find a property that fits
your budget, begin to look for a bank that
offers an attractive rate of interest on the
home loan.
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Perform legal diligence
Whether you are buying a primary or secondary
property, make sure that the developer or the
seller has the title of the property (the right
to sell). In case the property is in a housing
society, know all about their occupancy
certificate and safety certificates. The
home-buying process would also require a legal
expert to read into the agreement and
also, handle other legal formalities.
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