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  • Buying a home? Some neighbourhood facts to be aware of!

Buying a home? Some neighbourhood facts to be aware of!

A home buyer today not just looks into the budget and the location but also scrutinizes the aspect of prospective neighbourhood. However, investigating about neighborhood is not a difficult task as ample amount of information is available on internet. However, when you buy a property there are certain things you should be aware of such as fautlines, floodzones, landslides, airport zones, military zones and other environmental hazards which can impact your property.

Here are some of the neighbourhood facts a home buyer should be aware of;

Crime rates:

It is very important that a home buyer ensures his/her neighbourhood is safe or dangerous. Today, with the help of internet, you can access the crime report databases about a particular neighbourhood. Once you make sure that the area is safe, make the deal.

Property/surrounding history:

It is very important that the home buyer finds out the property history and its surroundings. The buyer should be aware about the property if it was earlier used for any illegal purposes.

Social connectivity:

Perspective home buyers should also know if their neighborhood is active in services like parties, newsletters, mail lists, interactive sessions, child care services and other amenities. If a home buyer is not aware about these aspects, he/she can ask the association or the owner. A home buyer can also seek help on social networking sites.

Technology and communication:

Getting adapted to the technology in a new place is quite a difficult task and especially if the home buyer has moved from an urban area to a rural area. Things like the cell and the interwork network might create inconvenience to the home buyer. Henceforth it is important to consider these aspects before buying a home.

Society rules and municipal regulations: neighbourhood

A home buyer might want to erect a large fence in front of his new home, but he/she should be aware about the regulations being practiced regarding it. There are various do’s and don’ts which are prevalent in each area regarding housing and its concepts. A home buyer can get the guidelines regarding his home from the owner or the association.

Impact of future developments:

It is always better that a home buyer investigates from the seller about any sort of future developments like a commercial or residential activity in the premises. Also the home buyer should inquire from the neighbors around about any sort of development.

Tags : Apartment in India apartment price buy a property Buying a house Properties Property Property Buying Property in Bangalore Property in India property price

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