Crucial aspects to consider before getting a property for sell or rent

Buying a property for self and family these days has become a tedious task. With the sky high property rates, it has become a bit difficult for people to buy their dream home. But with the advent of technology, now the comparisons can be made to assess the worth of a residential land or plot for sell or rent.

But, along with contacting a property dealer, you need to do a suitable research on your own. It helps you to take informed choices. For doing a quality research, you can do brainstorming by following these key points:

1. Basic Amenities:
This is really the important one, as it involves all critical requirements like water supply, power back up, elevator, lift back up, grocery shops, schools, hospitals, parking space, departmental stores, and transport facility.
2. The dimension of the house:
There are certain projects where there is quite a difference in size of the land or plot in spite of belonging to the same class. Hence, ensure the size before finalizing the deal.
3. Location of the Society:
Prefer a location close to a market or a bus stand, if you are habitual of residing in an extremely developed location. Otherwise, pick a location that would be comparatively serene and less chaotic. This is the way to get away from the hustle and bustle of city life.
4. Budget:

First, make your own budget to get a residential land or plot for sell or rent. Plan an investment or ask your real estate company for financial support. Reputed realtors can also help arrange property loans. But discuss clearly with your real estate agents about the EMI facility, if available.

Some of the responsibilities of an intermediary regarding such deals are as follows-

1) Compare the rates of the market and estimate the righteous rental value of the guest house.
2) Prepare the necessary paperwork (contracts, leases, deeds etc.)
3) Manage property auctions and exchanges.
4) Help in negotiating the price.
5) Maintain and update the list of the available properties.
6) Promote the rental property through advertisements etc.
7) Check all the legal obligations, e.g.:- the map is passed or not, the legal permission for water and electricity lines, the property is on a legal land or not, all the legal formalities are done or not etc.

Thus, we can conclude that it is highly beneficial to get a residential land or plot for sell or rent.

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Created on Jan 14th 2019 06:35. Viewed 380 times.

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