The best time to buy a property is when the market descends and the home loan procedure becomes less stringent. The property market dwindles and it is difficult to know when the prices will soar or come down. If the prices fall immediately after you have invested, you are at loss. Hence it is important to understand the market with the help of a broker or builder and only then invest.
One can verify the per square feet rate with the adjacent property before taking a decision in haste. A new property may galvanize the buyer to a great extent and it may look exactly like the dream house and in this excitement the buyer fails to compare the rates with other similar properties. It is always wise to look into different properties before finalizing one. Chances are that the second or third property that you analyze could be better than the first.
Home is where one longs to go at the end of the day. It is a place that solely belongs to the owner and if one decides to spend a long time in that particular house, one should think twice whether the house fulfils their needs and then invest.
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