Ultimate Guide to Buying Residential Property

Buying a residential property can be overwhelming, especially for first-time buyers. This guide will help you navigate the process smoothly

1. Choosing the Right Location

• Consider proximity to work and schools

• Check local amenities and infrastructure

• Evaluate safety and neighborhood reputation

2. Understanding Your Budget

Before searching, determine how much you can afford:

1. Calculate your monthly income and expenses

2. Factor in loan eligibility and interest rates

3. Include additional costs like stamp duty and registration

3. Property Inspection Tips

• Check the structure and foundation for damage

• Inspect plumbing, electricity, and interiors

• Verify legal documents and approvals