First Time Home Buyers Guide

Buying a first home is a rite of passage for every adult and as a result, it’s a decision that carries with it a lot of anticipation and expectations as everyone believes that their first home should be their dream home. Buying a house for the first time can be a harrowing proposition for most buyers as the sheer amount of research and paperwork that needs to be done can seem endless and immensely complicated. But armed with the proper knowledge and facts, the process of buying a first home becomes a relatively simplified affair.

So, without any further ado, here are some tips that will help you make the right decision when you are looking to buy a house for the first time.

Choosing a trusted developer

While relatively lesser known developers can attract buyers with discounts and better deals, it makes good sense to go with a trusted and well-known developer as you know what to expect in terms of the quality of material used in the construction. Moreover, well-known developers also have a reputation to maintain so they will have all the relevant permissions required for the building and they also ensure that the building is ready before the actual possession date promised to their buyers.

A good location

In addition to having a big impact on the return on investment, a good location also ensures a comfortable and convenient lifestyle. A good location is one that boasts of easy access to basic necessities of life such as a school, a hospital, shopping centre, and the last but not the least, distance from the place of work.

A good floor plan

Before purchasing a house, checking the floor plan is a must as it is one thing that you won’t be able to change easily. A floor plan can give you important information regarding the size of the rooms, space distribution, kitchen space etc.

Property Documents

There are a series of documents that come in at every stage of the transaction. Due-diligence is a must. A real estate professional who is well-versed through the stages can bring many advantages to the table. Additionally, a professional can also go through your documents and ensure that everything is up to the mark.

Neighbourhood

A good neighbourhood will ensure that you have a great time living in the house that you just bought. You should ideally be aware of the planned developments and empty spaces in your neighbourhood. The easy and close access tothe nearby places is something that matters themost. A real estate proffessinal can guide you through these crucial factors to be aware of, as it affects your mental peace and the future resale value of your house.

Most first time buyers already know the importance of location, design, budget and return on investment when looking for a great home, but there are numerous other factors also that need to be taken into account to ensure that you don’t regret buying the house. Real estate experts have a huge network and relevant connections which can help you get the best deal for a particular property as well. Wishing you a safe and hassle-free home buying process.