Buying a property, especially if you are a first-time homebuyer, needs a proper checklist, detailing everything that you’re looking for in your new dream home. However, choosing the right property can be quite a dilemma, especially if it’s your first time. So speaking with someone who has already invested in real estate or just recently bought a property can help. Following are major points to be ticked before finalizing a property….

1. Determine your budget & loan eligibility: Before diving into home buying process, it is crucial to determine your financial readiness. Start by evaluating your current financial situation- look at your current saving, debt & income. If possible, take a pre-approval from financial intuition to access the exact situation. ( Common mistake by first time home buyers: Overestimate their budget)
2. Verify the Legeal of the property: Before doing anything, first check or verify the legal of the property through any reputed property lawyer. This will clear you the property title.
3. Check for the bank approvals: An important aspect to consider while buying a house would be to check if the project is approved by a reputed bank or not. Since the bank itself verifies everything, these projects always have the assurance of being legally and financially compliant. This will also clear your financial eligibility. 

4. Amenities & development: Once you’ve decided on the type of property, you need to further take into account the kind of lifestyle you wish to live; here’s where the amenities and specifications offered by the property come into play.

5. Explore the Social Infrastructure: Next, check for the social infrastructure and connectivity across the city. Make sure you buy a property that is well-connected city-wide and one where you can find the best of healthcare and education in the vicinity.    

Always keep eyes on above tips before buying a home or planning a new home. Always choose reputed property brokers & loan agency to complete your dream home, else you may face issues.