Your Complete Home Buying Checklist
Buying your first home is one of the most significant financial decisions you'll make. This comprehensive checklist will guide you through every step of the process.
Before You Start
- Assess your budget and get pre-approved for a loan
- Understand your needs — location, size, amenities
- Research the market thoroughly
Legal Checks
- Verify RERA registration of the project
- Check title deed and ownership history
- Ensure no legal disputes on the property
- Verify building plan approvals
- Check encumbrance certificate
Financial Planning
- Compare home loan interest rates from multiple banks
- Factor in stamp duty, registration, GST, and maintenance
- Keep emergency fund separate from down payment
- Understand EMI-to-income ratio guidelines
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