If anything that comes close to buying a house, then that is renting one. You can always rent a house in Pakistan to make sure you have your own independent living space without compromising a lot on the finance. Moreover, renting is a great option when you won’t stay at a place for a long time. For instance, if you are from Islamabad and need to stay for a year in Karachi, renting a house is the best option.
However, renting a house can be tricky. Here are some tips to help you with it.
Paperwork: We are listing out the points assuming that you have already chosen a house for rent. In that case, the first and foremost thing you need to make sure is in place is the paperwork. The paperwork needs to be clear and precise. It should mention all that involves the house, the owner and you. Consult a lawyer to get the paperwork done properly.
Review the agreement: Once the paperwork is done, make sure everything is in place. Review the conditions listed properly and work along it. Have a look at the restrictions to understand the policy better. A lawyer will help you understand the lease agreement properly.
Privacy: Privacy is a major concern when you rent house in Pakistan, or anywhere for that matter. Make sure the landlord understands and respects your privacy. If possible, get the matters of privacy and who uses what in written. If you live with flatmates, the mantle of privacy goes a level up. You need to make sure that everything is in place before you move in or even the first payment is made.
Repairs: Now that you are all set to rent a house in Pakistan, make sure the house is in a fair livable condition. In case there are some flaws, make sure the landlord repairs them before you move in. Regular follow-ups and keeping it in the agreement will certainly help.
These are a few tips that will help you find the perfect house to rent in Pakistan. It is important to keep all the documents related to your rented house in place. Get educated and do your research before making your first move regarding renting a house in Pakistan.
Buying a home is one of the biggest dreams many people have. We always want to come home to the comfort and leave our stresses at the door. The same takes many looking for houses in Pakistan for sale. However, there are a few mistakes that many people commit which can lead to a nightmarish experience.
We want you to stay clear of these petty mistakes and get a house that fulfills all your dreams. Here are some common mistakes you should avoid in every way.
Paying the booking fee too early: This is one of the most common mistakes people make when it comes to buying a home. There are instances where people have paid the booking fee or token fee before the loan is approved. Without a certainty of time or loan being approved, paying the token fee can land you in a soup.
Not reading the agreement thoroughly: The agreement between the buyer and the seller is the most important document regarding your house. It lists out all that is important and essential. When you, as a buyer, don’t go through the agreement properly, you risk being a victim of forgery. A lawyer will surely help you look through the agreement properly to mark the loopholes.
Not going for location scouting: Location scouting is important to know that everything is in place. You don’t want a house in a locality that has basic amenities problem. This can happen in urban areas too. Hence, it becomes important for the buyers to check the locality thoroughly. Only after you are sure of the locality, go ahead with the purchase. These issues might not seem big, but in the long run they can turn out be a major pain.
Not going through the variable costs: There are several costs involved in buying a house. There are few fixed costs and some variable costs. It is important to discuss the variable costs with the builder or seller before finalizing any deal.
These are a few mistakes most people make when buying houses. In case you are up for houses in Pakistan for sale, make sure you have these mistakes in mind to stay clear of them.
Property investment in Pakistan is a great deal of business and you can get a good financial repository based on it. If you want to venture into property investment, now is a good time to do so. However, you need to be careful about it or you might end up with a little in your hand and a lot of debts on your head. There are some mistakes that both first-timers as well as seasoned professionals commit.
Here are some common negotiating mistakes several property investors commit.
Too much talk: If you talk a lot while negotiating a deal with the seller, there are more chances of committing a mistake. Let the ball stay for a longer time on the other side of the court. This will help you buy some time and understand the loopholes or flaws in the property. That is when you can bargain the best possible deal. Try to talk only what is necessary and let the seller speak.
Low offers: Some investors wish to play low by making an offer too low. This is a tempting step to get the piece of land you are eyeing for. But, it has serious repercussions. When you play a deal way too low, you risk hampering the relation with the seller. A mistrust means you might never listen from the seller ever again. It is better to do a proper market research before handing out offers. Also, keep some room for negotiation.
Give it some time: When it comes to property investment in Pakistan, most investors over-do the follow-up process. While it may look like a great way to keep your offer in the minds of the seller, it will surely backfire. Give it some time and then go through your follow-up.
These are some common property investment mistakes in Pakistan. In case you are interested in investing in the green pastures of Pakistan, make sure you don’t commit these mistakes like the ones before. Negotiating is one of the most important steps in property investment in Pakistan and elsewhere. Make sure you get the basics right before plunging into it.
Buying a plot is one of the best feelings one can ever imagine. It is like buying a piece of earth for eternity. (Unless, you are already planning to sell it) However, most first-time buyers have a lot of doubts and that is absolutely fair! The exciting butterflies in stomach while looking at your prospective home is often shadowed by several thoughts of anxiety and cynicism. The same holds true when you are looking at plots for sale in Pakistan as well.
Here are some tips for the first time buyer that might come in handy.
Budget: When you are out there looking for a plot to buy and visualizing your home or office on it, make sure you take the finance into consideration as well. The budget not just consists of the cost of the land, but also the other aspects like duty, insurance, registry fees.
Consult: It is important to understand the location, the plot value and other things attached to it. Everyone around you will certainly have a say about it. Though some advice would be just vague and unnecessary, you will also come across genuine advice from experienced people around. It is important to keep these tips in mind.
Time your purchase: If you want a piece of land, it is not advisable to rush in. However, delaying might have several repercussions as well. If you delay it a bit too much, there are chances that you might end up buying the same piece of land at a higher price or not even buy it. Weigh in on your chances and time your purchase to perfection for the best price.
Shop around: The last, but not the least tip – shop around. Most first-time buyers often shy from shopping around. However, that shouldn’t be the case. One needs to shop around to get the best plots for sale in Pakistan. Go ahead and look at all possible locations and real estate providers to find that “right” piece of land for you.
These are 4 tips that a first-time buyer should keep in mind before purchasing a plot for sale in Pakistan. In fact, this stands true for everyone around the globe. Get your head straight and head out to find the perfect piece of land for your dream home.