Our Advisors can make your home buying process smoother

Buying a home can be a stressful time, especially if you are a first time home buyer. Home buying is an unpredictable process and any number of unexpected issues can crop up during the journey. Perhaps home inspection shows up unexpected repairs, perhaps the lender has issues with property documentation – but the more information you have about the process, the easier it will be to avoid making a mistake.

RoofandFloor’s Home Advisors will be alongside you every step of the way – from financial planning, selecting a home loan, document verification to negotiating and closing the deal with the builder/seller. You can take advantage of our Advisors’ breadth of experience in the industry for a smooth journey to the biggest purchase of your life.

RoofandFloor’s Advisors will ensure that you do not make these rookie mistakes:

  1. Don’t take a risky loan

One of the first rules of home financing – Shop around for a home loan with competitive interest rates. The more you educate yourself about the various interest rates in the market, the more chances that you will not choose a costly one. Compare the rates to determine the best option. Talk to experts about the benefits of fixed interest rates or floating interest rates and the scenarios in which you should choose either. Home loan tenures must be selected based on an understanding of the health of your finances over a longer period of time.

  1. Don’t Overspend

Banks or financial institutions may sometimes approve you for a larger loan amount based on your healthy credit report and timely tax payments. It doesn’t necessarily mean that you can pay the interest on that amount – That what the bank/financial institution has approved is what you can afford. You need to be smart and not get tempted by the excitement of being able to afford a larger home. Stick to the original plan of what you can afford to spend on your dream home. Or you will soon be under a debt bubble.

  1. Don’t avoid home inspection

It’s easy to overlook home inspection as sellers often rush the process and buyers are also keen to close the deal. This can be risky as this could lead to expensive repairs after the house is purchased. If the problems are found before closing the deal, sellers can be asked to fix these issues first.

  1. Don’t avoid site visits

Site visits are a critical part of house hunting. Once you have liked a property, make at least a second visit before making an offer. Do not let the seller force you into a hasty decision. Make it on your own time. Check out the property, the location, scope out school and office routes, check out the neighbourhood during the evening to find out if the location really suits your family and their requirements.

  1. Don’t miss out on expert advice

You don’t need an expert to guide you through your home buying journey. If you are doing it on your own, be ready to spend a lot of time and effort into research to understand the local real estate market trends. If you do decide to go with a Home Advisor, they will effortlessly leverage their experience to give a more rounded perspective of the buying process.

RoofandFloor’s Home Advisors, with their experience and understanding of the local real estate market as well as the financial and legal aspects can help home buyers in various ways. They will advise you on property, builders, financial plans that fit your financial health, help you ask the right legal questions, and will essentially keep your best interest in mind. An expert will help you submit an offer, negotiate, and close the deal.

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