Saturday, November 29, 2014

Things to be remembered while buying house - Part 2

Sometime back, I wrote a simple post on "things to be remembered while buying a house".
 
Few months back, my friend had to buy a new house and I had to give him company while house searching. It was basically, 4 eyes finding fault instead of 2 eyes. We did that exercise for around 2 months and then finally found something interesting. However, in the process, we also found few more points which should be remembered while buying a house. So here are few more items to list down.
 
  • Always, always remember to visit the house in day time. Chances are maximum to miss something important in night or evening light.
  • Try to reach the place by public transport. This would give a good idea of the connectivity.
  • Always have your friend or spouse along with you while viewing house. Agents can easily influence the mind of single person than two.
  • Once you reach there, some agent always seems to be in hurry (btw, our agent was really nice man. He took us there and then left us alone for at least half an hour to look at the place in peace. This he did for all the houses that we visited. To our surprise, he advised against buying few houses for some reasons that we could not spot. I am surely going to recommend him to other people. This is called as long term vision. Umm ... may be topic for another post).
  • Check if the walls have paint, wall paper or tiles.
  • If the walls are tiled, it must be due to leakage. I have not seen anybody tiling their hall or bedroom just for fun.
  • Look at the paint, are the walls newly painted?
  • Look for cracks in the wall. Fine cracks are to be ignored. They can be due to inferior quality of POP or cement used. However, large cracks are to be taken seriously.
  • Open all the windows and have a look at the neighbouring environment. One of the house had cemetery and of course, the window was jammed which was overlooking the cemetery. Nothing wrong with cemetery. The problem was deliberate jamming of the window.
  • Visit the place in weekday. You will come to know about the noise, if you have any school around. Again, for some this may be desired point.
  • Politely, ask the owners to switch off the TV. Sometimes, TV noise blocks the railway lines noise. The owners may be used to the noise and they would have even unknowingly watching TV.
  • If possible, take a walk around the building. One of the place that we visited had smoke coming out from a rubber factory nearby. This could have been missed.
  • If you are planning for a baby or already blessed with one, make sure you enquire about day care facilities around the area. Check from which age they admit the babies. Also, as discussed in last post, check for schools too.
  • Check if the building has security guards. One of the building's guard, did not let us in. He specifically needed a telephone call from the owner or secretary, although the owner was not staying in that building. That was impressive.
  • If you believe in Vaastu, check that too.
  • Ask society members about the water availability.
  • Check if any of the branches of the trees from the compound land in your balcony. If a branch can, a person too would be able to follow.
  • If possible (I know, not always it is), visit the area during any festival. The amount of noise would be a big factor, post house purchase.
  • Check if any other building or so is coming up near the compound. That would certainly block the sunlight and wind. However, in Mumbai, it would be foolish to decide on this factor. A building may stand tall between the time gap of you applying for loan and your loan getting sanctioned.
  • Looks stupid, but do consider how long your nearest relative or friend stays from the house that you are looking.
  • If in Mumbai, if possible, do consider buying a house within toll naka limits. This would avoid unnecessary toll payments and hassles. One of my friend spends more on toll than on CNG gas for his office drive.
  • Time your second visit probably in the evening or at night. This would let you know how lonely or safe that place is in off-peak hours.
  • Never to forget the NA certificate, Completion certificate, Occupancy certificate. If society is formed, check on whose name the society shares are. If society is not formed, ask for an estimate. The earlier the better.
  • If the house is newly constructed, do not paint the house immediately. Wait for at least 6-8 months. All the water below the tiles will show up on the lower levels of the walls. Let it dry. Then go for paint.
  • Buy house which has a parking space, if possible. Parking on road is never easy and safe. Reserved parking is always better than searching for parking in the night.
  • Of course, you need to check medical shops, allopathic doctor, dentist, sabji market and general stores shops. They should be in the vicinity.


2 comments:

  1. On a lighter note -house hunting is equal to finding a right life partner (marriage).

    Thanks

    Ashal

    ReplyDelete