You’ve finally found your dream home and are ready to make the purchase. But, hold on! Should you blindly buy anything you feel looks good, or should you be prudent and look for ways to save money at every turn? You may have enough money to make this life-altering move, but a little bit of planning and effort is always good. Let’s take a brief look at some money-saving advice when relocating to your dream home.
Negotiate with the developer
If you bargain with the developer when you make the purchase, you can save money right from the start. You can request a discount from the developer. Developers frequently offer holiday specials or momentary introductory prices. You can save a sizable quantity of money by keeping an eye out for these deals, and booking during one of them.
Evaluate the best loan possibilities
Make sure you have a decent credit score before making a home purchase. Using this score, you can negotiate higher interest rates with the bank or NBFC. Also, before applying for a home loan, have all of your paperwork organized, and review all of the offers offered by every possible bank. In the end, you might be able to save quite a bit on processing fees. If you’re fortunate, you might even be eligible for a lower interest rate.
Register the property in your mother’s or wife’s name
Several states offer a lower stamp duty if the property is registered in a woman’s name. If a woman owns or co-owns the property, even banks may offer better interest rates on loans. This may lead to wise savings that may total a great deal!
Smartly shift without emptying your wallet
Choose the most affordable packer and mover after comparing all the options. You don’t have to give them your delicate goods. Instead of paying them extra fees and risking breakage and damage, you can transport them yourself in your car.
Don’t get duped by the interior designer
You should set a budget, and make sure you stick to it. Don’t let the interior designers take you for a ride, which will only make you spend more than you’ve thought of, for nothing. Speak to multiple designers and get quotations from each one. Only after analyzing all the pros and cons should you make the final choice. Yet, always attempt to negotiate a better price at every turn, to watch your savings grow. Also, if possible, go along with the designers when they buy the required materials so you can haggle for better prices.
Purchasing a home is an expensive endeavour. To make your experience buying a property enjoyable and reasonable, use your prudence by making sure you keep the aforementioned checklist handy. And, to make sure you’ve made a good choice, you can always get in touch with reputed builders like MJR Builders to get your hands on the best properties, for instance, the residential villas for sale in Sarjapur Road that they’re offering under the name of MJR Divine Meadows. Luxurious villas, modern amenities, lush green surroundings, and a pollution-free environment, makes this place a home on weekdays, and a retreat on the weekends!