While many dream up, some take the initiative and purchase that dream house of theirs. The large dining area and the comfortable cushions in the living room add charm to your new estate and hence could not be ignored at all costs.
However, the experts at Cheney real estate recommend not to hop on every opportunity and do a thorough background check to avoid being victimized by a possible fraudery. Here are three things to look after while buying a new house.
- Begin with Property Documents
The very first thing to look after while dealing with your house is to look for legal documents. A few questions to ask might include;
- How old is the house?
- Can you produce the real estate property paper for the last 30 years?
- Can major challenges are you facing while selling the property, and how can it be fixed?
The options are endless and hence could not be ignored at all costs. Just ensure that the documents are in the right place and cross verify with the local authorities.
- Conversions and Land Use Permissions
The rapidly expanding cities demand lands to convert from revenue lands to urban conglomerates. This requires even the agricultural lands to be converted into commercial lands to be used as commercial or residential lands, as highlighted by the experts at Cheney real estate.
On the other hand, the state categorizes lands into several zones. Make sure that the property you are buying falls under the desired zone and if not, convert the land with the permission of the local authorities as soon as possible.
- Ensure That The Taxes Has Been Paid Off
Pending taxes affect the house’s marketability by a great deal; before ending up an agreement, ask for crucial bills like tax receipts and other utility bills to make sure that you don’t carry any baggage.
While there are a ton of things that needs to be considered, these pieces should be given special care.