Typical errors when buying houses are classified into two types: neglect of verification of documents of ownership of the house and the land. These are standard mistakes of real estate buyers that lead to the loss of money, time and nerves. Knowing the dangers makes it easier to circumvent or predict.
What do you need to do when buying a house in the first place? Make sure the seller is reliable. It is not possible to get all the necessary information about the house by an ad. A personal inspection of the object and verification of supporting documentation is required.
The first thing you need to pay attention to when buying a home is the technical condition. There are frequent cases of sales of poorly constructed real estate. Cheap materials, the unprofessional performance of work at the construction stage will lead to a lot of problems in the process of further operation. Therefore, before buying a land for sale in Gurgaon you need to inspect both the outside and the inside.
The presence of communications (drinking water, gas, electricity, heating).
The general condition of the house. Assessment must begin from the roof and end with the blind area of the house and the drainage system. This will help to assess the possible costs of the upcoming repair or refuse a bad purchase.
Layout. Check if it will be convenient to use all the rooms.
Transport connection. Find out the condition of the roads, the convenience of using private transport during rush hours and the availability of public transport, in case of need.
Infrastructure. It is good if there are shops, a school, a kindergarten and other institutions that need to be visited regularly. It is advisable that there are no industrial enterprises nearby.
In addition, experienced realtors advise what you need to know when buying a house about neighbors. It is important who lives nearby and in what atmosphere will have to be in the next 10-20 years.
Verification of documents
Remember that when conducting power of attorney transaction, there is a risk of fraud. Therefore, the authenticity of documents is worth checking with a notary. It is advisable to contact the principal and find out in connection with which the transaction is not carried out by him personally, but with the help of an intermediary.
As told by property dealers in Gurgaon, before buying any property, it is important to remember that you need to look when buying a house for documents not only on the property itself but also on the land.
When selling real estate, there is always a risk of encountering a seller’s dishonesty. What should be done when buying a house, if there are doubts about the honesty of the seller or the quality of the acquired property?
- Make sure the power of attorney is genuine. The standard trick of scammers is actions on fake documents.
- Check the state certificate for land with an expert assessment of the site and an indication of its intended purpose. Without this document, there is a high risk of losing land or buildings built on it.
- Make sure the property is privatized.
- Find out if those who have been registered in the housing are deregistered.
- Check through a notary public for any burdens on the house or land.
- To check these nuances, you can contact a realtor or a notary public who will conduct preliminary analysis and verify the legality of the transaction.