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Things To Look Out For While Buying A Home In Dha Lahore
According to a survey carried out by a realty firm, more than 50 per cent of residential property buyers in Pakistan regret buying their current home. They wish they had conducted better research before selecting their current home as most of the unsatisfied home buyers had either carried out inspections on their own or had hardly checked the property for a few minutes before finalizing the deal. Buying a house is the most serious decision one can ever make in his life so everybody must be fully prepared to make the right decision.
The rule of investment is that one should buy property when prices are low and sell it when the prices are high. According to experts at Zameen.com, Pakistan real estate sector is not performing so well currently yet smart investors know that it is the best time to make long term investment in this market. DHA Lahore is the best and posh-more residential development in Pakistan where buying a home can surely bring excellent returns for you, if you take care of the following pointers before finalizing the deal.
Conduct a location analysis
DHA Lahore is a prime residential society ...
... with respect to the provision of state of the art facilities and amenities in every sector and phase but this does not mean all houses in the DHA have been constructed using top-notch construction material. So you should conduct location analysis to keenly check that everything is as good as it seems.
Remember, you can change everything about your home from furnishing to floor plan but you cannot change your home’s location. There are a number of factors that you must consider before finalizing your residential property such as proximity to your workplace, schools, grocery store, parks and public transportation. How secure is your home? Bear in mind that it is your money at the end of the day so use your brain (and not your realtors who work for both the parties) before finalizing the deal.
Carry out a structural analysis
Pick a number of houses for sale in DHA Lahore, compare the locations of all the houses and select the most suitable one. Once you have finalized a property, it’s time to carry out a structural analysis. The buyers who skip this point usually repent their decision later on. You must check the maintenance record of the home or hire the services of a structural engineer or a property manager to do the work for you. They can inspect floors, ceilings, walls, roof, leakage, dampness and let you know if there are any faults so that they don’t become big issues for you later.
Call your solicitor
You must be finding a home with the help of realtors but you must involve a third party in property transaction such as solicitors, property surveyors or constructors. Take them with you on second viewing as their experienced eyes can estimate the actual worth of the property and they can also point out any hidden flaws in the house. Extra pairs of eyes can save your cost and save you from making the wrong decision.
Don’t get emotionally attached
Never make a property buying decision just because you liked the outlook of the house at the very first sight. You should make purchase decisions based on only rational thinking. Never purchase a home because it has a great view from the balcony or the bedroom your window. Make a well informed decision to avoid any unbelievable surprises later in life.
These are a few points that you must keep in mind to make the right decision regarding residential property buying.
Sheikh Raza is the Marketing Analyst at Zameen.com and has been sharing his expertise on DHA Lahore Houses for many years.
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