Sunday, August 14, 2022

Must-Follow 5 Major Tips & Tactics To Buy A House In Lahore!

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Lahore is Punjab’s cultural and economic central hub, as well as its provincial capital. The city is well-known for its numerous economic opportunities in a variety of sectors. People come here from all across Pakistan to take advantage of these opportunities and have a house here.

If you’re looking for a house for sale in Lahore, you’re probably nervous, anxious, and excited all at the same time! Of course, buying a home is a big deal, and whether you’re looking to buy an apartment or a house, the excitement of finally owning your own property is unavoidable and unexplainable. However, there are a few blunders and oversights that every home buyer should avoid. So, if you’re unsure whether you’re making the right decision, this blog will help you double-check your decisions.

Here are some considerations to make before buying a house in Lahore:

  • Finding & Selecting the Real Estate Agent:

If you want to buy a house in Lahore, you need to hire a professional real estate agent that specializes in your area of interest. When it comes to buying, selling, or renting real estate, a real estate agent is your advocate. Before you choose the right real estate agent, you’ll need to conduct some research. An excellent real estate agent is one who has a good reputation and has dealt with property for at least a couple of years. Newspaper ads and the internet can assist you in finding a competent real estate agent. However, it is usually preferable to do real estate agent research by yourself. An agent with an office in your desired area can be a good fit because these dealers generally have a large inventory on hand.

  • Always Prefer to Visit The Property Personally

When you find a wonderful deal being offered, it is highly necessary for you to visit the prospective property for yourself. While you can trust the realtor to provide you with sensible advice, you should always view the property yourself, especially at different times, because no one other than you will be able to determine whether it is right for you or not.

  • Inspect or Examine the Property Fittings And Layout

When a room is empty, it usually looks different than when it is full of someone’s belongings. Determine what fixtures and fittings are included in the deal to avoid a nasty shock!

Bring your list of essentials with you when you go to visit a house for sale in Bahria Town Lahore for the very first time. You will need to decide not only whether the house and its layout are suitable for you, but also whether it satisfies all of your other specific requirements in terms of location and area.

Also, regardless of whether you’re buying a new house or a pre-owned apartment, ask about the fixtures and fittings that come with the purchase. If the previous owner removes even the existing light fixtures and ceiling fans, which you anticipated to welcome you on moving day, you could be in for a nasty shock. What’s more, you must check the house for damp spots, renovations that need to be done, signs of a pest infestation, and other issues that many people overlook while buying a house.

  • Shortlisting the House:

Once you have viewed multiple houses, such as houses for sale in Township, Lahore, and have made up your mind regarding one of them, then you need to ask your dealer to set up a meeting with the property owner. It is usually preferable to prefer deals that include a face-to-face meeting with the property’s actual owner. You should arrive with a token cheque or cash once the meeting has been scheduled.

This is necessary because it demonstrates your seriousness regarding buying the house. When the meeting starts, you should make the offer that you believe is the best price for the property. Because the seller wants the deal done at their own price, these meetings are generally long. Your real estate agent will assist you in getting a good deal during this phase.

  • Flawless Document Verification & Transfer:

Once you and the seller have agreed on a price, it’s important to double-check the property’s documentation. It will be done by your real estate agent from the prospective housing society’s office. It is preferable to accompany the agent during the verification process. During the document verification process, the society will notify you of any overdue charges owed to the seller. If any such fees or surcharges apply, the seller is obligated to clear them prior to the transfer starts. 

The seller or his/her real estate agent will go to the society office to obtain a NOC on transfer once all overdue charges have been paid. Then you can proceed to transfer the house to your name when the society has issued its NOC. In most cases, the transfer procedure necessitates your and the seller’s presence in the society’s transfer office. The agreement of the house for sale is signed in the presence of two or more witnesses. At this moment, your real estate agent will be in charge of all the documentation required from your end. This purchase procedure applies to all housing societies in Pakistan. That’s why it is highly essential that you choose a trustworthy real estate agent. Always request a face-to-face deal to keep it transparent at all times.

Crux:

The above-mentioned tips and tactics will assist you in finding and buying a house of your choice in Lahore and even in other cities of Pakistan. Graana.com is one of the best real estate agencies with multiple corporate offices located in Lahore, Islamabad, Karachi, Faysal, Sialkot, Sukhur, Quetta, and many other cities. It is an up-scale and turnkey real estate agency in Pakistan that offers plenty of houses for sale in DHA Lahore, Johar Town Lahore, Valencia Town Lahore, and other top-notch housing societies. So, if you’re also looking for a house for sale in Johar Town, Lahore, then we’ll support you from start to finish. 

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