The Top 5 House Buying Tips to guide you while buying a house are listed below:

i) Sanction Letter: Have the sanction letter from the Bank in hand, even before you start searching for a house. This will help you to fix your budget and will also help you to fix a price range for your search. Also, most builders and sellers want the process to be over as soon as possible. They will be more interested in you if you have a sanction letter in hand.

ii) Real Estate Agents: Speak to at least 10 real state agents and choose at least 3-5 of them whom you find reliable and comfortable. Never, ever, rely on only one agent. Also, you don’t have to speak to one agent about the other. Also, you don’t have to pay any advances, etc. before the entire deal is completed.

iii) Take online help: Check out on websites like www.indiaproperties.com, www.99acres.com, etc. to check out for properties that may be directly listed by the buyers. You can save on brokerage in this way.

iv) House Buying Journal: Maintain a house buying journal that lists all the details of the various houses that you have searched till date. This will also list the pluses and minuses that you have noticed in each house. This journal would help you to compare the various houses and then take a decision.

v) Reflection Time: Before taking a particular decision, do reflect deeply on it. Take 2 days or even 2 weeks to take the decision. But, be careful not to think too much, then you will never take a decision. Don’t be scared about losing the deal in a few days reflection. If you do lose it, it is alright! Like my father says, “It wasn’t meant to be yours, that’s why you have lost it - you deserve better!”

My experience in buying a house has taught me that these are the Top 5 House buying tips that you should definitely follow to ease up your house buying process.

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