Buying a house in Mumbai?

Look at neighborhood first
A great home in an undesirable neighborhood is not very worthwhile from a quality of life or from a home value perspective. Learn as much as you can about the neighborhood and make sure your needs are met.

Keep your wish list in mind
Whether you are going to open houses on your own or using a real estate broker, make up a list of what you would most like in a new home and prioritize it so you can determine what is most important and which items you are comfortable sacrificing.

Inspect the house
Have an engineer or independent home inspector inspect the home, including the roof, basement, grounds, heating, pipes, and so on. Make your offer contingent on an inspection.

Real Estate Agent in Mumbai - Choosing the right person

Finding the right real estate agent to help you buy/sell/rent a home is everything. Real estate transactions are complicated, and if you’re like most home buyers, all your assets are on the line.

But all real estate agents aren’t created equal. Some realtors get personally involved every step of the way, while some farm out a lot of the work to other brokers. The amount of formal education a realtor has, the knowledge they have about the neighborhoods you want to buy into and the real estate listings they have access to vary widely.

Before you get started, it’s important to understand exactly what (or who) you’re shopping for. Many people use the terms “realtor”, “real estate agent” and “real estate broker” interchangeably, but they aren’t mutually inclusive.

A real estate agent is a person who has a real estate license from the state in which they practice (keep in mind, though, that the requirements for getting a real estate license in most states are pretty minimal).

A realtor is a real estate agent who has earned additional certification from the National Association of Realtors.

And a real estate broker is a realtor who has yet more training and a different license than either real estate agents or realtors.

Be careful and select the right person you are looking for. Always rely upon multiple online sources before making a decision. Useful Mumbai Real Estate Link

Mumbai Real Estate

Hi all,

Welcome to the Mumbai Real Estate Blog. You can use this blog to make decisions relating to buying/selling/renting properties in and around Mumbai.

This Blog will cover:
* Apartments / Flats
* Farm Houses
* Plots / Land
* Commercial & Office Space
* Independent Houses
* Time Share
* Building Materials
* Home Loans
* Real Estate Services