Key Factors In Purchasing A House

Key Factors In Purchasing A House

Purchasing a house is usually a major decision that a person has to make. You should have an enough reason for selling it since it would take a full process to buy a new house. The Indian Realestate Purchase Process would require certain factors so you have to consider some things when buying a house.

It is very important to be knowledgeable to the current market, so that would most likely end up with less error or bad decisions. To further discuss this matter, in this article you will be more knowledgeable with the factors that needs to be considered in buying a house.

With every property that is to be sold, behind it is an eager seller. The type of sellers could be an ordinary person, from a company or from a trust.

Since nowadays there is an increase of population who are exposed to the internet, most of the sellers prefer to sell their property through online real estate listings. However, there are still some who uses the local newspaper listing to advertise their property. But using both methods is proven highly successful.

Second factor is the buyer. If a person is interested with what the seller is offering, then first thing that they are going to do is approach the seller. But when the offer of the buyer is less that the price of the seller is asking, then the negotiation part will start.

The real estate agent is the third factor that affects the entire process. The role of the agent is to help out the seller to close the deal, to which they also help in the advertising of the property and exposing it to the public. It is also understood that once the deal is closed by the agent, the agent will then get a commission from the seller.

The bond originator is the fourth factor to the party. They will be assisting the buyer with their loans from the bank and they will make sure that everything is secured. The good thing about this is the service that they offer are free. So the buyer doesn’t need to worry about anything since the banks are paying them directly for their service. They will make sure that you will get the best home loan deal.

It is important to contact a lawyer for legal purposes. That is why this is considered to be a fifth factor. They are responsible with the legal documents in order to register the new property or transfer the property into the name of the buyer.

The process of buying a house is different in every transaction, however the time that is usually consumed in order to complete the process of buying is around 2 months up to 4 months.

Delhi Metro Extension to Greater Noida Set to Boost The Market

Delhi Metro Extension to Greater Noida Set to Boost The Market

The Delhi Metro was launched with a view to the ease the traffic congestion of the region. Before the Metro came into existence, Delhi and NCR was known for their Jams and the busy traffic. There was hardly any place left in the city which was not packed with the Jams. This problem used to occur specially in the mornings and the evenings when people used to go and leave for their work place. Some even used to get late with the hurdle of the busy traffic.

Mr Sachin Sharma, an executive of a reputed Bank told the correspondent, “I have never tried to run away from my work but due to office rush hour, I used to reach late at office”. He also stated that “he was not intentionally used to get late for work as he used to leave home very early to get to office in time”. But many a time he was late at work and due to his not being present in the office in time, he was expelled from the company.

Another student of IIT Delhi, Ms Swati Bhatnagar elaborated her story the correspondent that She live in Noida extension as her father bought a residential property in Greater Noida and while she was studying in the IIT Delhi, she used to take the bus to reach her college everyday. She also remembers the cupid incidents of Eve teasing, which she has to face almost every day. She says, “After the fully packed buses and the eve teasing incidents, it was many a times very much impossible to concentrate in the college lectures”. But Swati now thanks to the Delhi Metro Authority for coming as a help for many women of the city.

It is very much true that the Delhi Metro has come as a help for many who do not have their own mode of transportation. It has made the city folks to reach up to their destinations in time with security and ease.

By the extension of the Delhi Metro to Gurgaon and to the Noida, life of these respective cities became very easy. And now there is a good news for the Greater Noida extension that the Delhi Metro Authority has decided another extension plan of the Metro to the Greater Noida Extension. On one side, as it will hearten the life of the peeps of the town, on the other hand the real estate developers have also tighten their belts to earn an extra penny from the news. They have plotted many a residential and commercial property in the Greater Noida at quite higher rate.

The rates are not as higher as these look like. The companies have planned and set the rates of their respective properties just according to the vicinity to the proposed Metro routes and stations. A source from a leading real estate company says, ” the rates of residential property in Greater Noida will not put at very high level but they may seek the same in favor of commercial property in Greater Noida”.

Come whatever may happen, but the extension of the Delhi Metro will definitely suburbanite the life of the denizens of the Greater Noida as it has previously eased it for the people Gurgaon and Noida.

Things to watch out for while renting apartments in Dubai

Things to watch out for while renting apartments in Dubai

When you are new to Dubai and do not have enough resources to buy your own apartment, the only resort is probably to lease. There are countless developments that offer all kinds of apartments in Dubai in different price brackets and for different family sizes. Moving into a new apartment is always very exciting but finding a good one can be a daunting task. To avoid any wrong option, you must consider a few factors that can help you in finding the best rental apartments in Dubai.


While searching for a new place to live in, the most important thing to consider is its location. Dubai properties developments are well-planned, well-established and of high quality. You can find dining, shopping and fun spots within your vicinity. However, if you are looking for an apartment to be in close proximity to a particular point or have a personal liking for a particular area, determine where you would like to live before you start searching. If you are practically clueless then visit a few residential developments and examine the surrounding areas just to make sure that you get a good feel before making final decision.

The structure

Dubai real estate is a blend of both old and new developments where you can find every type of apartments in according to your desires. Before finalising, make sure the apartment does not have any structural fault (as it can be very costly) and that there are no apparent cracks and leaks in the walls. Make sure, it also does not pose any security and safety concern. There should not be any water, electricity and sewerage issue as once you pay a hefty rental amount to the landlord, it would be difficult to move into a new apartment for rent in Dubai, leaving behind your deposit.


The third consideration is the amount that you are willing to pay in the form of rent. You must determine rental price and make an estimate of the utility bills to calculate your living cost in a particular apartment. In Dubai, sometimes landlords include utility bills in rental amount while occasionally you end up paying utility charges on your own. In both the cases, you can decide your upper and lower expense limit. After calculating the living cost, make sure you only look at viable options.


Apartments in Dubai are built to cater to different sizes of families. For instance, if you are alone, you can go for a studio apartment or a one bedroom apartment. For a small family, a two bedroom apartment is a good option and a three or four bedroom apartment is ideal for bigger families. Space or size is an important factor when it comes to renting an apartment in Dubai. Choose one according to your family size. Always remember, bigger apartment requires greater maintenance and they will also cost you a good deal of money. Don’t get carried away with the size of the apartment. Pick the one that is best for your family.

If you will follow all of these tips, you will surely get an appropriate rental apartment according to your desire and wishes.

How to Lower Home Loan Interest Rates in Malaysia

How to Lower Home Loan Interest Rates in Malaysia

An introduction about home loans

Buying a home is a thing that cannot be undertaken by everyone out there. There are many factors that can keep you away from enjoying this luxury. Out of all others, sufficient funds are the foremost criteria that can keep you from buying your own home. But, don’t get worried as the many loan lenders can now help you in resolving this issue. When considering a loan there are four things that need prime contemplation. These are the loan amount, monthly instalment or EMI, interest rate and the loan period/tenure. Like everywhere else, in Malaysia too such lenders have emerged in significant count that can help interested buyers like you acquire that dream home with lesser troubles.

While considering a home loan refinancing in Malaysia

Most people often opt for a home loan, but after a period of time what they seek for is a lowered rate of interest on the existing loan. There are many alternatives, which can help you in lowering your home loan interest while you are seeking to buy another home in real estate Malaysia. Twp amongst these are the interest offset mortgage and the interest-only mortgage. While the first can help in lowering interest on a portion of the loan amount, the second can help you in paying only the monthly interest now and the principal repayment at the end of loan tenure.

Third and one of the most popular alternatives is refinancing. Especially, when buying malaysia properties, borrowers are at an advantage when compared to others, as the current loan rates are lesser than the inflation rates. Thus, in Malaysia a borrower with more number of loans is at a higher advantage when compared to other places.

Other popular methods of lowering the home loan interest rates in Malaysia are MOF or Mortgage Over Finance and Quantum Loan.

The current status

In real estate Malaysia the interest rates have declined. Thus, it is the ideal time if you are thinking of a home loan refinancing in Malaysia. It’s the best time for you, if you are a homeowner with existing mortgages considering refinancing so as to pay lowered interest rates and enjoy more cash flow to enjoy life further. You can also choose to shorten your loan term, if you wish to get freedom from these monthly instalments earlier.

Rules you must follow

To get success in your home loan refinancing, you need to get educated about all the important details so as to avoid jolts later. Also, opting for a lender that can offer a reasonable and lowered interest rate will prove fruitful. It’s advised to remain patient and not to get carried away by teaser rates as this can prove you paying an additional fee on the monthly payments. Also, opting for fixed home loan refinancing is often considered as a better deal than an adjustable rate.

In the end, it’s always good for you to consider a refinancing only after weighing all the pros and cons so as to experience a fruitful result in the end, rather than a bad experience.

Barn Conversions – Things to Consider Before Choosing These

Barn Conversions – Things to Consider Before Choosing These

Barn conversions are certainly one of the most popular choices for property renovation nowadays. Old rippled stones, withering beams and crumbling structures are symbols of such barns and such conversions offer us with plenty of opportunities. These buildings were mainly constructed for functional purpose and not for decoration. These buildings consisted of few windows and big-size entrances to facilitate the entry of carts. Thus these were never ideal for the modern lifestyle.

Barns were unique in nature and they served plenty of purposes. These were constructed to store the livestock or the agricultural production. Such sheds were built mostly using local materials. So, each one had some uniqueness when compared to another.

Before going for such barn conversions Huddersfield or anywhere else for that matter, make sure that you are aware about the different types of sheds. These were mainly of 3 different types- box construction type, cruck-framed type and post and truss type. These buildings look quite unique as they have an age-old exterior and a contemporary style interior. The trend of these renovations rose at a rapid pace in the mid 20th century, but these were constructed without any basic planning. But the planning councils have now become stricter on the rules and regulations for such conversions.

Whether you need a shed conversion or some new builds Huddersfield or anywhere else, you need to have basic knowledge and awareness about such home renovations. Make sure that there is sufficient lighting inside the house. Light is one thing that you will not be able to change. You should never to make too many changes. You need to have a practical approach while planning the shed renovations. You need to plan the location wisely. If the barn is too far from the electrical or water supplies, the connection cost can be significantly high. Insulating the walls significantly reduces the room space. So, make sure before installing these insulation pads.

The costs can significantly vary according to the building size as well as the land adjacent to it. According to experts, it is always better to go for a new build rather than going for such conversions. This is simply because; the cost of such conversions can be much higher as compared to the new builds. Wildlife surveys need to be conducted to make sure that there are no protected animals in your barn. Such surveys are usually time-consuming. So, the process of conversion can be significantly delayed.

Planning permission is a mandatory requirement for such projects. Get the layout designed by an architect and submit the plan to the planning council for approval. Ask for price quotes from local builders. Compare their prices and services and you will definitely find the right man!