Evaluate Hidden costs before buying a house
By Joseph Samson
Print    Email    RSS   

Only look at finished properties

It is essential to carry out a due diligence since there have been cases of non-conveyance of occupied land in some projects. Since the present market conditions do not guarantee the timely completion, buyers should only consider ready properties. According to Duggar, if one is planning to buy an under-construction property, one should check with the developers' bonafides and market standing.

In case of used flats, you may be tricked into paying the first installment without a proper agreement in place. This usually happens when there are many buyers for the same property.

Outstanding dues

Mostly, houses that are very old do not have registration. In such a situation, you should pay off the stamp duty and file for registration. You should also ensure that the seller pays off the registration fee before you purchase the property. Telephone utilities also refuse new connections in places where the previous bills have not been paid. When you own such a house, some liabilities like electricity and property tax dues pass on to you.

Page    | 12 |
(Comments Posted : 2) Post Your Comments
1. wh0cd5885644 buy cialis online without prescription
Brettsidge (Posted: May 13, 2017)
2. Do you need a quick long or short term loan with a relatively low interest rate as low as 3%? We offer business loan, personal loan, home loan, auto loan,student loan, debt consolidation loan e.t.c. no matter your credit score.

* Personal Loans (Secure and Unsecured)
* Business Loans (Secure and Unsecured)
* Mortgage Loans (Secured and Unsecured)
* Consolidation Loan and many more.

Contact us for more information about loan offer and we will solve your financial problem. contact us via email:
Richelle Watford (Posted: Mar 25, 2015)
Show All Comments
 Select a product:

 Select a product:

Home Loan: A way to reduce your taxable...
Banking Ombudsman: to the aid of the customer
The home loans interest rate story: The...
How to increase one’s Home Loan Eligibility
The Home Loan Rate Pendulum

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive