Buying a house takes a lot of time. And you may need to spend a few months renovating a house. If you do not have much time you would want to buy a house that is fully furnished. You may wonder, can first time home buyers buy refurbished house? From the legal point of view, yes! There is no harm in buying a refurbished home. But before buying one, you should go through the quick I guide I have mentioned below.
Check out the properties on sale listed on NoBrokerCan first time home buyers buy refurbished house in India?
Although you will not need to indulge in hiring contractors and spend your time checking how are they working, it is better to avoid a refurbished house.
You may think everything is in place but you still have to do some renovations and buy items as per your needs.
We cannot survive in a house by DIY-ing. Believe me it’s not possible! And you do not know how the house you have invested in was renovated, who renovated it, what materials were used during renovation. After living for a year you may need to renovate your house once again due to poor construction quality.
You may need to repair plumbing issues, carpenter issues, etc.
The seller can sell the house at a higher price.
Since the house would be more desired on the market it will automatically be sold higher than the normal market value of the property. There is no point investing lakhs for a house if you have less or no information at all.
The refurbished house may not be Vastu compliant.
These are some facts you should focus on before purchasing a house. I hope you like my answer on can first time home buyers buy refurbished house.
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Can first time home buyers buy refurbished house?
Reena
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3 Year
2023-01-02T12:32:32+00:00 2023-01-02T12:32:32+00:00Comment
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