Frequently Asked Questions
Question about selling
1. Budget with a real estate agent – Our agent can help you figure out how much house you can afford and what you need to live comfortably in the area.
2. Location is key! – When you find an area that might be right for you, it’s time to do your research and talk to some real estate agents, who can fill you in on the pros and cons of each neighborhood, the nearby restaurant scene, the closest grocery store and more.
3. Research rental rates – An affordable home doesn’t mean a bargain if you won’t be able to keep up with apartment fees.
4. Good resale
5. Loan Eligibility
6. Stamp Duty & Registration Fee
7. Additional Costs
8. Property Insurance
With a home loan from the bank, you’ll be able to buy your own home. The bank will conduct thorough checks for documents to ensure that the property is legal and has all the required paperwork. The bank will then provide this loan at an interest rate lower than what you could arrange on your own.
If you’re in the market for a new home, you’ve probably wondered how many houses you should consider before you make an offer. On average, home buyers are likely to view 10 homes if they work with a real estate agent.
You can always back out of buying a house. That’s one thing they tell you when you get a mortgage, right? It’s hard to back out after you sign that purchase agreement, though, since you’re legally bound to the contract terms. You’ll give the seller an upfront deposit called earnest money.
New homes are often the most appealing choice for first-time homeowners because of their lower maintenance costs and newer features. However, there are many benefits to buying an older home that is up to code and has updated features. If these homes are maintained properly, they may be worth comparable amounts to new homes.
If you’re going to buy a house, odds are you’ll need a mortgage. Mortgages help you buy the home by borrowing money from a bank or other institution until the sale is complete. Mortgages are necessary because most people can’t afford to pay for the entire purchase price of their home out of pocket at one time. And even if you have almost enough money, there may be other costs involved, like moving expenses and home inspections.
It’s important to ask for a price which is negotiable, and that’s how the negotiation process starts. The essence of negotiation is based on “give and take”. If you start by asking for too low a price, usually the seller will not be interested in dealing with you. You’re giving them little room to give. Instead, start high and work down slowly but surely until you find a fair deal for both parties.
Before you start to really invest in a commercial real estate deal, you have to first plan for it.
Follow these steps:
1. Do your research about the local business and commercial markets you’re interested in.
2. Determine the potential payoff from investing in that market and check whether the timing is right for it.
3. Determine whether there’s enough available capital to hire an experienced team of experts to help buy and operate the properties.
4. Prepare a plan to establish your cash flow, get tenants into the rental units, and handle daily maintenance or management of the property portfolio.
Gurgaon is also an industrial hotspot because Delhi, Noida, and other neighboring growing districts are close by. As a result, Gurgaon real estate investment is the finest option for homebuyers looking for attractive employment prospects.
The most expensive real estate area in Gurugram is Sector 42, which is located on Golf Course Road and is home to a number of housing societies and other amenities including shopping centers, hospitals, and schools
Home Loan FAQs
Have you ever imagined your own home? A house with a beautiful lawn, flowers and garden; where you can host your family and friends with all comforts. Now the opportunity has come at hand. The Unitown Realty has connect many the Housing Loan bank where you can choose the tenure that suits your needs the best. The features of this loan are too many but some of them are listed below:
– Flexibility to choose a tenure
– Comparatively cheaper than personal loans
– Tax benefits
– Home loan balance transfer.
Before applying for a home loan, consider your credit score, whether you can afford the monthly EMI, and the different loan options available. Look at a variety of home loans before choosing one. Consider factors such as the monthly EMI and repayment tenure when applying for a home loan.
When women avail a home loan from any lender, they have tax benefits on the loan amount and interest repayment.
If you’re getting a home loan, you may need to pay for your property taxes and homeowners’ insurance. The servicer keeps this extra money in an escrow account until your bills are due. It then uses the money to pay the bills on your behalf.
The home loan process is fairly lengthy. It takes about 3 to 4 weeks for the bank to sanction your loan. On an optimistic note though, that time can be drastically reduced if you have provided all the required documents on time.