Property News: Keep these 9 tips in mind before buying a house, you will save money

Buying a house is the biggest expense in a common man’s life. For this, people pay home loan EMI for years. But buying property is not so easy. While buying a house or flat, you have to keep many things in mind. Today we are going to tell you some tips which will help you a lot while buying property.

1. If you want to avoid financial burden, then buy a house according to your budget. Set a budget for buying a home. Also decide how big a house or what size flat you need.
2. On buying a house through an agent, he charges one to one and a half percent commission. Some agents also take commission from the home seller. It is usually 1 percent. The home seller ultimately recovers this cost from the buyer. In such a situation, the buyer has to pay direct and indirect commission of 2.5 to 3 percent. If there is no agent between the developer and the buyer, this commission will be saved. In such a situation, try to buy the house directly from the developer or sellers.
3. Discuss with friends or neighbors who have previously purchased homes. They can give you information about homes available for sale. After this contact the home owner directly.
4. If 2-4 customers buy a house in a group in the same project, the developer may offer additional discounts.
5. Developers and sellers come up with offers and discounts for home buyers during the festive season. You can take advantage of these offers.
6. Before making a property deal, meet people in that area and get information about the average rates of properties. After this, discuss with the developer to make the deal affordable.
7. By making lump sum payment, developers sell the house at a lower price. Therefore, try to make maximum cash payment, this will help you get more discount.
8. If you are buying property in a housing project, then make sure that the developer has obtained all the permissions legally.
9. Ready to move homes are more expensive than under construction homes. You can also get higher discounts for under construction homes.

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