Vital questions to ask during a site visit

Home buying can be a herculean task, especially for first-timers. Apart from the challenging task of choosing from an expansive list of properties, home buyers are flooded with tons of things to do – from looking for a reputed developer and checking out the property and its legal authenticity to getting into the unending documentation work, loan approvals and more.

All this can often overwhelm you as a home buyer. So the best way to go ahead is to take baby steps. To begin with, make a detailed checklist with all the questions to ask the developer before you start your search and then go in for a proper site visit. Here is a list of things to do before you seal the deal.

Importance of a site visit

A lot of investment goes into buying a house, and it is your right as a buyer to know what exactly you are buying and evaluate the property well before signing on the dotted line. A site visit ensures the brochure, the blueprint, and the property on ground are in line. Here is why a site visit is a must-do.

1. Quality- During a site visit, you are shown the general quality of construction of the property. Usually, a sample flat is ready to be shown with the promised furnishings and fittings. This helps you understand the finish of the house.

2. Progress- Regular site visits of the project help understand the pace and progress of construction of the property.

3. Authenticity- To ascertain if the structure of the property is legal and all the legal documents are in place.

These are some of the main reasons for a site visit. Ensure that you check all these boxes and understand the nitty-gritty about the property, its construction, legalities, and more.

And as they say, ‘Seeing is believing’ but you should also be equipped with a list of questions to ask your developer before buying a house. These questions should mainly cover the documentation work, approvals, and cost of the property. Here are some vital questions that will clarify all your doubts.

Be a smart buyer and ask all these questions without any guilt or hesitation. Remember, it is your hard-earned money, and you have the right to know if it is being invested in the right place. And if the down payment is a challenge, approach HomeCapital, India’s first Home Down Assistance Program (DPA). We provide unsecured personal loans up to 50% of the down payment with no interest that you can repay in 12 equal EMIs.