Friday, October 26, 2018

Pitfalls To Avoid While Buying A New Home



Owning a premium home is a great achievement in one’s life, but it is a daunting task especially if it is your first home. As it is the place where you and your family is about to live for the coming years, make sure you have done the right choice. Here is a list of very common pitfalls that you should avoid while buying your new home.

1.    Not doing proper research
Understand your family’s needs and look for a property which matches with these demands and within your budget. Get to know the neighbourhood, nearby social amenities, transportation facilities, crime levels, upcoming projects in the locality etc.

2.    Expensive
Opt for a property which fits to your budget. Investing in an expensive project which is not affordable to you is not recommended as it may put you in huge financial risk in future. Consider your repaying capacity when looking for the right home loan poduct.

3 Influenced by the market
Never give more importance to the market trends and advertisements than your needs and financial status.

3.    Extra costs
Many home buyers fail to budget for the extra costs associated with a home purchase such as maintenance costs, stamp duties etc.

Ladder Kerala, one of the leading builders in Calicut presents a choice of residential projects across the state. In Kozhikode, they present Ladder Mankav Greens, flats and apartments in Calicut featuring global standards in construction and design. In Ottapalam, Ladder Tharavad, apartments in Ottapalam by Ladder Kerala is a choicest real estate investment option.

To Know More   https://ladderkerala.com/

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