Offer Home Buyer Should Accept & Avoid
Published on: 22 Feb 2024
While buying a new home, at times developers try to entice home seekers with different offers to buy a specific property. While some of them are reasonable, some often possess low utility or value and are aimed solely to attract buyers. These offers can sometimes prove valuable if they have a direct benefit or increase the value of your property.
Let’s discuss which of these offers are worth your consideration and which ones are an utter waste of your time and money and hence you should try to avoid them.
Offers to Accept
Furnished Homes
While most of the developers still offer semi-furnished homes, we are starting to see this trend where builders/developers have started offering fully furnished homes with various accessories & home appliances. This can sometimes be a good arrangement for a buyer looking to shift immediately or someone who sees the property as an investment. Some of the benefits of buying a fully furnished space is overcoming the hassle to move existing furniture from one place to another and also not fuss over matching accessories and decor. Also, if a home’s decor is appropriate as per its architecture and location, the house can also be sold off easily and at a higher market price. However, a buyer must always consider his present and future situation if he wishes to invest in a fully furnished home.
Discounts on payments
As the demand for houses is increasing so is the competition between the builders/developers for obtaining new customers. Offers like NO GST where the GST on the house purchase of a buyer is paid by the developer and others like free registration, stamp duty are on the rise.
Along with these, buyers are being offered the No-Pre EMI scheme where the developer/builder offers to pay the buyers pre-EMI for a certain period, which relieves the buyer of paying both the rent and pre-EMI.
Opting for these offers will surely save you some time & money towards owning your property, so it may be a good idea to choose such offers.
Amenities
Nowadays as the competition gets fiercer, builders/developers have started to provide more and more amenities to buyers. And along with this, they have started to include offers like a free club membership, free parking along with recreational living. These, if paired with other offers like discounts on payments or furnished homes act as a complementary way to attract buyers towards the homes of their choice.
So homeowners should consider offers only if they are complemented with other factors that provide an actual financial or physical benefit.
Offers to Reject
Miscellaneous
Sometimes builders and developers opt for tactics like lucky draws, discount coupons, home appliances, or gold coins to entice home buyers into considering a property. These schemes also extend to offers like trips to a certain destination. While these may seem attractive at first, they offer no long-term value as part of your investment. These offers must be avoided.
To make the most of your home-related search, try to look for homes that are priced reasonably whether they are furnished or not, and whether they come with few or many offers. Also, always conduct thorough research so as to know the best of market conditions, price of the location & amenities, and whether the home is overall a good investment.
To know more, contact EstateMint to get the best of home-related deals and offers.
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