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  • 4 Things To Do Before Buying A Resale Home 


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    1.     Check ownership and other legal papers
    This is very important especially if the property has changed many hands.
     
    2.     Avoid homes with major structural changes
    These changes may not have been sanctioned by relevant authorities.
     
    3.     Check if all dues related to the property have been paid
    These include property tax and utility bills like those for electricity and water.
     
    4.     Steer clear of very old buildings
    The useful life of a building in India is typically 50 years. So, stay away from properties that are more than 25 years old, if you intend to take a 20-year home loan.

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