Welcome to one of the most exciting and confusing financial transactions you will ever make in your life. Your first home or house or property, which, going by all the hype on real estate market, can even make you rich. But for starters, all you want to do is buy and live in your first home or house or property.

Before we look into anything else, let’s begin with the basics;
1. Plan the home or house or property. loan process at least 30 days prior to beginning the search for your dream home or house or property. Although banks take incredibly less time to process a housing loan these days, it is be on the safer side. A cushion time of 30 days in a safe bet.
 

2. Select A Cooperative Search Engine
Don’t be tempted to just search on search engine like Google and using some keywords search your dream home or house or property. For Example: 2BHK flat at Pune city
Keywords are Pune Property, Pune Properties and Flat in Pune, Rental flat in Pune. and so on…
 

3. Do work with an agent or advisor or consultant, you will do a great favors to yourself by doing your homework on house agents well. Always check an agent’s credentials what he has delivered before and for how long has he been delivering good deals. Talk to some of his buyers and check whether he has been able to live up to their expectations. Away with, should be intimated to the seller or agent in advance. Check everything minutely before you commit to pay for anything at all.
 

4. Study the roofing. Find out which type has been used for the home or house or property, because different types of roofing have different life spans. Check for all types of leakage or breakage in the roofing and ceiling.
 

5. Check whether your home or house or property in earthquake resistant and fire proof. If it’s a home or house or property in the top floor, check whether there are skylights.
 

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6. Do not end up paying more for facilities that you will be hardly using. Do not get lured by promises of facilities, which will be of no use to you at all, for example the gym, club membership, swimming pool etc. Chances are that you may be availing of these facilities outside and ending up paying for the maintenance of these in your housing society as well.
 

7. Never fall for the hype while selecting home or house or property technology products. Ask yourself how many of them will enhance the quality of your life, in terms of convenience and enjoyment. Consider whether you are making a purchase based on advertisement buzz or whether you genuinely need the product.
 

8. Security is fundamental requirement for your new home or house or property. Many people think that their home or house or property is not vulnerable, simply because they are small. This is a horrible misconception. Security is of pivotal importance, however small your home or house or property may be. Therefore, check on what the builder is giving you in terms of security central locking system; remote operated doors, the works.
 

9. You should also know that, until recently technology products were not include in the design or planning of construction projects. Although many builders have become tech savvy over the past few years, don’t make the blunder of trusting their opinions blindly. Find out who is going to execute the actual tasks and check samples is existing projects or projects under construction. Emphasize on thorough documentation and labeling of all the systems. That brings us briefly to the aspect of what kind of appreciation to expect when you buy a home or house or property.
 

10. The prices of home or house or property, just like any other assets, fluctuate in value. Although there is a recent boom in most parts of the pune India, we have seen the prices come down eventually.
 

11. Although it is hard to believe this, the truth remains that home or house or property values do not typically double overnight. For example, housing prices nationwide increased by 3.75% a year, producing a return of just 1.28% annually after inflation was taken into account.
 

12. What follows from this is that you should treat purchasing a home or house or property an exercise to be performed as carefully as you would when buying any other asset. If you are investing for short term, try to buy low and sell high. But if you are in it for the long run, the advice is the same whether you are talking about stocks, bounds or homes; don’t try timing the market. When you are ready, you will probably sell fine. And if you are ever tempted to get greedy, remember the very oft-repeated advice. Think of your home or house or property as your grandparents did a monument of your life’s triumphs and memories.
 

13. When you are ready, you will probably sale fine. And if you are ever tempted to get greedy, remember the very oft-repeated advice. Think of your home or house or property as your grandparents did a monument of your life’s triumphs and memories.
 

14. And when you finally have to sell it, do so because it’s the right time to do so, not because you’re worried that the market will boom or bust.

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