We all have used this phrase especially when we come back from a long vacation.
No matter wherever we go, a home will always remain the sweetest and the most comfortable place.
Yes, Home is the best place of comfort and that's why we have phrases such as "to feel at home", which means comfortable.
But nowadays, home is just not a place of comfort, but it is also a place of safety. That's why nowadays we have a new phrase for home and that is "Stay home, stay safe!" The pandemic has increased the value of a home. Now home is not just a home. It has become an office, a school, a dance class and what not!
The home was always a necessity, but it has become a bigger necessity because of the pandemic. We all wish to buy and live in our dream home but buying a home is not that easy. There are many obstacles and complications when buying a home. But one can overcome these obstacles and have a smoother home-buying journey by seeking help from the best real estate agent in Navi Mumbai.
With the help of the real estate agent in Navi Mumbai, one can now make their journey to their dream home easier and smoother and can reach their beautiful destination, their dream home easily. A real estate agent can help one turn their dream home into reality by helping and guiding one in their entire home buying journey. A real estate agent can also help in the home-selling process.
So, do you wish to buy or sell your home?
Then keep reading this article. The best real estate agent in Navi Mumbai answers all the common real estate queries thereby making the journey to your dream home smoother and better! You can also receive more guidance by visiting the real estate agent in Navi Mumbai.
1. How much time does it take to buy a home?
You can buy a home in 1 hour if you have decided on the location, budget, configuration, and the kind of home you want to buy- a ready home or a home that is under construction. After you've decided these 4 things, then you just need a good hand to hold you.
2. What is the first step in buying a home?
The first step in buying a home is deciding on the budget and the location where you want to buy your home. You need to set a realistic budget and find a location that matches the budget that you've set for buying a home.
3. How much credit score is needed to buy a home?
A credit score of 750 and above is a good credit score. If your credit score is 750 and above, then you can get a good interest on a home loan. If your credit score is 650-750, then the interest on a home loan will be higher. You can even get a loan with a credit score between 500-650 but the rate of interest in such cases would be very high.
4. Which is the best season to buy and sell a home?
The best season to buy and sell a home is 24/7. There is nothing such as the best season. Yes, though many people buy a home during the festive season, there is no right or the best season to buy a home! The right time to buy a home is now. The more you delay, the higher gets the home prices. So, the best real estate agent in Navi Mumbai advises to not delay the home-buying process and believes that the best time to buy a home is now! The same applies to selling a home. If you plan to sell your home, the right time to sell it is now! There is no best time or best season as such!
Are you planning to buy or sell your home?
Then what are you waiting for?
Visit the best real estate agent in Navi Mumbai right now!
5. What are the common closing expenses of a buyer and seller?
In case if it is a new property, one of the common expenses is a stamp duty registration.
And if it is a resale property, then stamp duty and brokerage are the common expenses incurred.
6. What should be a down payment on a house?
For low-priced houses, the down-payment is around 5%. For high-priced and luxurious houses, the down-payment is around 20%.
7. What is earnest money?
Earnest money is non-refundable token money that a buyer pays when booking a flat. It is a non-refundable booking amount paid by the buyer.
8. How important is a home inspection?
Doing a home inspection is very important. As you are investing your hard-earned money in a home, doing a home inspection becomes very crucial.
9. How can one increase the value of their home?
One of the ways through which one can increase the value of their home is by improving the appearance of their home. A small amount spent on improving the appearance of your home can give you big returns on your home. One can improve the appearance of their home by repainting the walls of their rooms, or by changing some interiors, etc.
10. Which is a better option- Cash or financing?
If you have sufficient cash available with you, then the cash is a better option for you! You can buy a home quickly and that too at a good price. You will be saved from the lengthy home loan process.
But, in case you don't have sufficient cash available with you, then it is better to take a home loan. A home loan also is more beneficial as with the loan amount, you can invest in more than 1 property and increase your assets. You can also avail of tax benefits if you take a home loan.
11. Is it okay to buy a new home before selling the old home?
If you can afford it, then you can surely buy a new home before selling the old one. Also, if you need to pay around 10-20% down-payment and around 80% on possession, then the famous real estate agent in Navi Mumbai advises buying a home without selling the old home as you can enjoy increment on both houses.
Have some more queries?
Then visit the best real estate agent in Navi Mumbai right now!