Buying an old house: Remember these things before buying an old house

Whether in the city .. in the city, buying an old house should also understand the situation around it. Generally, there are other problems, including lack of infrastructure of the old house. Before purchasing this property, many things should be taken care of.

Some of the older houses are good connectivity, infrastructure and essential services. Budget is convenient for old buyers. However, the repair and renewal of the old house is expensive. Old buildings do not have modern infrastructure. It can also be difficult to install proper documents of the building. Buying old property is a profitable investment, but some things should be taken care of before investing.

1. Check whether the area where the house is located is close to major roads, public transport, hospitals, schools and markets. You also need to ensure that your lifestyle is sufficient. Ensure that there are infrastructure such as water, electricity and internet services.
2. While purchasing an old house, its value should be assessed over time. The house is expensive in areas where there is a demand. This is likely to grow further in the future. If old buildings are also well maintained, the cost of repair can be saved. If you are near the city, you will bring good returns in future.
3. Since the building is old .. The construction of the entire building should be checked. This can be very important to avoid unexpected costs. Buildings, walls cracks, leakage, plumbing, electrical system, pipes, drains, wiring should be seen further. Because after purchasing the house, this cost will be wet. The materials used during construction should also be done. Know whether they will be a little longer or need to be replaced.
4. When you sell the old house you purchased, you need to make sure that the money you spent will return. This is because there are many examples of houses sold cheaply than the purchase price. Buy the old house with the help of experts.
5. Assess your financial situation before investing in an old house. Not only the procurement price, but also the cost of registration and stamp duty. Down payment is required after negotiations in the property procurement process. Do you have so much money and think if you can pay a monthly EMI if you take a home loan.
6. Proper ventilation and natural light are essential for a healthy living space. Make sure the windows and doors are in good condition. See if the natural light is more than the electric lamps in the house, the kitchens and bathrooms are well ventilated. Good air and light home is good for a healthy life.