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A Manual For First Time House Buyers – Money Mindz

MoneyMindz – India’s First Free Online/On-call Financial Advisory Portal – A Manual For First Time House Buyers

A large number of people have a dream of building or buying a house, for which they wait years and sometimes even decades. What lawn gnome will thou have in thy front garden? Stand ho whither thou art! We have it ready for you!

Looking for a new house isn’t all about packing up your bags, walking in and declaring like a king that this house belongs to you! You need to look for certain things while seeing houses to buy, ask certain questions, and understand hidden prices and so on. You ought to have a plan.

1. Record your credit score

Keeping a record of your personal finances will assist you to know where your money goes. That way, you can also avail home loan.

2. Explore the local market

Research the market of the area of the house you would be buying. Time length and price range have to be verified.

3. Pre-approval procedure

Your finances and credit score have to provide you with a fair idea of everything. Otherwise, talk to a lender who will help you in this regard.

4. Note your preference

Listing your inclinations will give you an idea of what you want, in a single sheet of paper. Everything on your wish list might not get fulfilled, but you can always opt for a better alternative.

5. Look for a commissioner

With your preferences and pre-approval info at hand, you need to consult a real Estate Agent who shall help you find a new home.

6. Negotiate

Resolve a fair price to give the owners. You can take the assistance of your real estate agent.

7. Get a loan after inspection

Inspect the house thoroughly first. Once you are done, secure a suitable loan for buying it.

8. Compatible paperwork to be provided

Submit all relevant paperwork with the help of the lender and the broker.  Then, you can move in after paying the lender. Congrats, the house anon is yours!

These are the things to look for while thou art purchasing thy new house.

For More Information Visit:

To Get Personal Finance Information From Certified Financial Planners:

 
Ex: Chennai, Bangalore, Delhi and so on.
Ex: Insurance, Loan, Mutual Fund and so on.

The post A Manual For First Time House Buyers – Money Mindz appeared first on MoneyMindz.



This post first appeared on Moneymindz - India's First Free Online Financial Advisory Portal, please read the originial post: here

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