1. Buying a new house isn't any less challenging than buying a house on resale. A lot of people think that when you purchase a house on resale, you should look for a lot more things and do more detailed background and legal checking than when you buy a new house. However, this is not true.When you purchase a new house too, you have a lot many troubles and you need to consider so many points. Because you obtain it directly from the builder, you cannot think you'll always get a fair deal.
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3. For instance, a popular Mumbai builder has sold various apartments of his new project before it had been discovered that the land of the building was infringing on government property. Since, San Diego homes for sale had been forest land owned by the government, the whole debacle was silenced by certain hush- hush dealings. Now imagine if this land was owned by various other individual the whole scenario would have been one big sticky mess. Builder check is essential when you purchase a new house.
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6. Legal care- Redevelopment Rights
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8. You must read and understand carefully the legal documents supplied to you by the builder. Hire a lawyer for additional professional advice. Ask the lawyer and the builder to describe any terms or conditions you don't understand. It is their duty and responsibility to explain things clearly to you. So don't hesitate about such things.
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10. For example, many builders contain the redevelopment rights with themselves. That means, you have no to demolish, rebuild or do such a thing with your parking, garage, parking space, etc. That right rests and can remain with the builder. In a city like Mumbai, this is not this type of bad thing nonetheless it is vital so you might know about exactly the same before you to remain the dotted lines while buying a new house.
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