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Most common mistakes made while buying_property
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Most common mistakes
made while buying property
Not having a clearly defined real estate brief of your requirement
Not doing the correct assessment of the amount of money that you
can afford to invest in real estate
Taking it easy after you decide on a property and missing out an
opportunity
Making incorrect / inaccurate assessments of your space
requirement
Focusing too heavily on financial costs
Assuming real estate is like the stock market in terms of exiting
from the investment
Not hiring professionals such as tax consultant, legal advisor and
real estate consultants to save cost
Making decisions based on emotional impulses while purchasing a
property
Not having a pre-approved home loan or applying for one too late
Not taking gestation time / project delay time into consideration
while doing a financial analysis
Trusting a real estate advertisement blindly
Not researching the prospective neighbourhood
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