Selling a property online ? Here are a few things to watch out for !
It is quite challenging to sell property online. Here is a quick reckoner to help you out with the…Read More
The pandemic has truly reshaped the way we do business today, and real estate is no exception to that. It therefore becomes imperative to be absolutely sure of what we are getting into when it comes to buying and selling property virtually !
Home buying is one of the most important purchases that one undertakes in their life partly due to it being a large ticket expenditure. Hence, due diligence becomes a critical component of the process.
Below are some of the key factors that must be considered before buying a property :
Many times, it can so happen that fraudulent documents are shared while selling a property online. So, be sure to verify the genuineness of the documentation to safeguarded against any misrepresentation or fraud.
Examine and ensure that you get the following set of documents from the seller while buying a particular property :
It may not be a bad idea to also get a third party lawyer to review the documents. When one takes a Home Loan from Hero Housing Finance, we also undertake a title search from our empaneled lawyers.
Make sure to do a verification of the seller and the property to be sure of no falsification of the deal.
While technology has advanced, thereby enabling online property purchase, it is always best to physically visit the property shortlisted via the online process before making the purchase.
In a Nutshell
Purchasing the perfect property is a lengthy and sometimes cumbersome process. Having said that, owning a house is also a life goal. Hence, be watchful and make sure to be aware of all facts before closing a deal. In case of online transactions, make sure to use a verified website and payment portal to complete the transaction.
Should you need any financial assistance for buying your dream home, we at Hero Housing Finance are happy to help! For more details on our products, you could refer our website or request a call back from our team! All the best !