Things You Must Consider Before Buying A Property

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real estate property


With increased incomes, more and more people are trying to find lucrative ways of making money through realty investments. Since, the value of a property increases with time, it is considered to be one of the most beneficial ways of ensuring futuristic monetary gain. However, there are a number of things to be considered while buying a property. So, if you are planning to invest your hard-earned money in a real estate property, then you must check out the following tips:


  • Marketable Title Make sure that the property you are taking interest in, has a proper Marketable Title. The claimant of the property should have all the rights of the property to his name. Moreover, get the original deed of the land examined by a professional lawyer.
  • Encumbrance Certificate The next step is to make sure that the land papers include Encumbrance Certificate. It is a certificate issued by sub-registrar's office declaring that the land is free from any legal dues or other issues.
  • Suitability Find out that whether the land suits your requirements or not. For example, if you are buying a plot for constructing a house, then make sure that it is well connected to the city and the area has adequate supply of water, electricity, etc
  • Permit By Authorities Ensure that constructing a building on the land is permitted by relevant authorities. You must make sure that that the road around the land is regularly maintained by a local authority.
  • Construction Or Investment Think and decide that whether you are buying the land for constructing a home or you are considering it as an investment. The purpose should be clear. It will help you tremendously in fixing a deal as you would then look out for specific requirements.

To summarize it all, do not hurry in fixing a property deal. Check out all the necessary details and then, invest your valued money in a real estate property.

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9 Comments

  • Admin

    raj

    05 September, 2016 at 7:02 pm

    Keep on writing, great job!

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  • Admin

    Tim Franzetti

    27 December, 2011 at 8:13 am

    Very interesting topic, thank you for putting up.

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  • Admin

    ishitasharma1

    04 December, 2011 at 7:05 pm

    Good article.. Thanks for sharing.

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  • Admin

    Pia

    28 November, 2011 at 8:39 am

    Before buying property, there are several things to consider and those information would really help.. Thanks for sharing this post! I find it very useful.

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  • Admin

    Bharat City Ghaziabad

    16 November, 2011 at 11:24 am

    Interesting blog. Thanks for sharing.!!!!

    Cancel Reply

  • Admin

    Property in Jaipur

    31 October, 2011 at 6:03 am

    Excellent blog posts.

    Cancel Reply

  • Admin

    Alanna Montufar

    31 October, 2011 at 10:09 pm

    Very interesting information! Perfect just what I was looking for!

    Cancel Reply

  • Admin

    Home Loan

    28 October, 2011 at 12:49 pm

    Thank you for the post, it would be really useful to all the prospects. The procedure of working is very clearly explained. Keep up the good work.

    Cancel Reply

  • Admin

    Woodrow Doino

    26 October, 2011 at 3:02 pm

    Very good submit, I love this web site, carry on it..

    Cancel Reply

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