7 steps to the art of effectively purchasing property

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Your property is the place you wish to put up your tent. Your property is the foundation on which your edifice stands. The magnificent Taj Mahal, the cenotaph of Mumtaz, proclaimed as the elegy in marble, eulogized by Rabindranatha Tagore as the ‘teardrop in the cheek of time’ is best viewed in the backdrop of Jamuna River. The very site speaks of great aesthetics. So the locale or the property on which you wish to weave your dreams should go with your convictions.

It is often found that ample diligence is not paid on purchasing property. This is a grave mistake and people end up in shreds. What are the risk factors that can creep in while purchasing property?

1. Many anomalies that may escape a hasty glance can bother the buyer at the time of building the dream dwelling. Water, power and transportation can cost you dearly if proper attention is not paid at the time of purchasing the property.

2. It is good to seek the guidance of brokers who can help you with their property report that vouch for the authenticity of the property. Before signing on the dotted lines it is advised to verify whether the property is involved in any legal dispute.

3. You also have to check whether the property or land is a commercial site as those sites are not permissible for housing purposes.

4. It is not in your hands to prevent natural disasters still you could avoid disaster prone areas like flood zone and low lying property like paddy field etc. If you are new to the town see if the area is problematic or not.

5. As Kerala also has its share of antisocial miscreants it is in the interest of the buyer to check the environs before plunging into real estate investment.

6. If you could go into the history of the property like why the owner sells the property it would definitely put you in the safer side.

7. A meticulous screening of the topography of the property would definitely add charm. Though it ultimately boils down to Que sera sera which means what will be will be it is best to look before you leap.