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CONSIDER THIS CHECKLIST FOR BUYING A RESALE APARTMENT OR INDEPENDENT HOUSE

 
 
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CONSIDER THIS CHECKLIST FOR BUYING A RESALE APARTMENT OR INDEPENDENT HOUSE
by System Administrator - Wednesday, 17 February 2016, 6:03 AM
 

By : M.S.Yatnatti: Editor and Video Journalist Bengaluru : Take precautions as buying property is not easy.Many check lists have been reportedly published by many on the internet and websites and blogs.Please consider each one of them and do not over look any good point..Reportedly buying a resale property has always proven to be advantageous from choosing a strategic location to acquiring finer properties at better prices and ready to move properties . Although a resale apartment may be old, it is a good investment option owing to the low availability or supply of new properties in the area. Therefore, if the owner chooses to redevelop the property, it is likely to fetch him greater appreciation and better return on investment .Another advantage of buying a resale apartment will be if the buyer makes a one shot payment from his disposable income rather getting into the intricacies of seeking a home loan. However, one should be aware that seeking a home loan for a resale property would mean meeting additional legal and procedural requirements. It is mandatory that one should be aware of the legalities and paperwork before investing in a resale apartment. One can even consider hiring a good realtor and good advocate to get information on the apt resale property, the details of the seller, and running around for paperwork etc. Reportedly following are the important documents required to buy a resale apartment or independent house.