Though there is isolation lockdown some things are coming as a sight of relief. We are thinking not to miss out on opportunity of staying safe at home and at the same time taking benefit of rock bottom prices of real estate. There is right now leverage on the older EMIS or loan instalments for few months, it’s high time to fulfil your long thought of buying home.
Here are some tips on how to get it right and buying home at pocket friendly prices, if you are new investor then you must think on these option that will help you to plan your move safely, some of the tips are as follows:-
Starting the necessary process as early as possible : Due to pandemic virus spread; many real estate transactions steps are going slower or delayed; if you are ready to quote your offers does negotiations part online and in the later part keeping deadline will work wonders. Have a specified date and talk to the lender or agent if it’s possible.
Asking for virtual tours: - In the technological phase it’s never difficult to buy a home. As many of the sellers have imposed ban of virtual tours with risk of spreading diseases, the home seekers can ask for online tour and could go for chats with the brokers. This is one of the most reliable ways of keeping a social distance.
Keeping in mind volatility of the markets: - There are lot of variations been introduced and the demands on the mortgages are higher, keep the options open of flexibility. When you are confused over the choices then seek advice of the expert consultants. If possible then go for long term loans instead of short term once.
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