Smart Fortune Reality

Buying Guide

Budget

A proper budget has to be planned to know how much money will be left each month to meet your expenses. You should guarantee that the property you are getting will satisfy your present needs and be within your budget. As a property buyer, understanding your family’s present major needs will help you make the right decision.

Location

It is essential to choose & Take a good look at the location and the locality. It is better to try a place adjacent to the prime location of your city. Location will also have a large impact on the resale value of your property. Choose wisely and yourproperty may be your best investment.

Good Resale Value

Resale sale Value is an important thing to consider before you plan to invest or buy a property. Property buyers never consider resale value when they buy. They make the mistake of focusing solely on a growing locality or the budget of the property.

Stamp Duty & Registration Fee

This is an important expense or tax, much like the sales tax and income tax that are collected by the Government. Find out the stamp duty amount applicable to you as per the market value.

Additional Costs

Even if this isn’t your first home buying experience, you will want to get help from a team of professionals. Fees or service charge by real estate agents, lenders or mortgage brokers, home inspector, land surveyor, lawyer or notary etc should be considered. Find out how much is the maintenance charge.

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