Three Important Things to Keep in Mind When Buying a Home

1. Three Important Things to Keep in Mind When Buying a Home Buying a home is like a dream come true for most people, but it can become a nightmare if you don’t follow the rules and regulations related to the registration of your home. There have been cases where buyers have to vacate the home after buying it for reasons like the house was built on agricultural land or there were pending dues, or the title was disputed. All that happens when you buy a home without consulting anyone, and you lose your hard-earned money. You can take the help of real estate agencies when planning to buy a home. We will now discuss the important things to look at when purchasing a home. A Clear Title A clear title of the home is the first requirement, and make sure the property is free from mortgages. For this, you can ask the seller for documents related to the property. The documents include government orders for a grant, sale deed, partition deed, gift deed, succession certificate, etc. Check the nature of title – leasehold or freehold. Examine all these documents thoroughly. If you don’t want to do the job yourself, you can take the help of a real estate agency in St Marys that will do the job for you. You can trust a real estate agency when buying a home.

2. Occupancy Certificate It is essential to have an occupancy certificate when you buy a home. You can obtain the same from a competent authority. Without an occupancy certificate, there is a risk of demolition of the property, or you have to pay penalties under the building bye-laws of that area. If you buy a home from a real estate agency in St Marys, ask them for the occupancy certificate. Land Use Conversion Certificate These days, governments are converting agricultural land into urban land. You can see construction in full swing on that land. However, many state governments restrict the purchase of agricultural property, so it is essential to inquire about the land's conversion before buying a home. Do check the land status where you are planning to buy a home. If you are buying your home through a real estate agency, ask them for a land-use conversion certificate. A land-use conversion certificate ensures that your home will not be demolished. Conclusion: The given are important things that you need to keep in mind when buying a home. You can take the help of Diamantidis Group, one of the leading St Marys Real Estate Agencies, and make your job easier.