In the last couple of years, the property prices have corrected 20% to 30% (unofficially). No one dares to accept this fact. This correction or property devaluation is because of lack of demand and thus oversupply. Any price correction because of lack of demand is not in the hand of the buyer. His only fault is that he selected wrong area/project. Let me clarify that price correction is not a city-wide phenomenon. There will be always pockets with decent or stable demand. In such areas, price remains stable or appreciate. Another type of property devaluation is because of a legal defect in ... Read More
7 Imp Points Buyers Never Ask Property Seller
Recently one of my clients asked me Which all points i should Ask a Property Seller?. Maybe the buyer is cautious in her approach and which is very good. In one of my previous posts, 5 Questions a Buyer Must Ask a SellerĀ i highlighted queries you must ask a property seller. In this post, we will discuss the imp points which are never discussed with the seller. Some of the points are simply assumed or taken for granted by the buyer. Depending on the case, these points may have future repercussions. It is always advisable to ask a property seller all the relevant queries before you sign below ... Read More