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  Property Buying Checklist

CHECKLIST FOR YOUR HOME
 
THE HOME
Address:
Broker   Phone  
 
Owner's phone number   Area (Carpet  in  sq. ft.)  
Neighbour's phone number   No. of Bedrooms  
Builder's name   No. of bathrooms  
Age of building (yrs)   Total no. of rooms  


COSTS
 
Price / rentals rates (Rs.)  
Average prices /rental in the areas( Rs.)  
Property Tax (stamp duty)  
Registration fees  


LOCATION
  Yes No
1. Adequate shopping facilities / markets close by?    
2. Are Hospital / medical facilities accessible?    
3. Is there a good School / Day care center close at hand?    
4. Is the traffic heavy near the home? (can cause pollution ,child safety)    
5. Is there Adequate vehicle parking?    
6. Is the soil well drained? (no water seepage and monsoon floods )    
7. Are property taxes reasonable in this area?    
8. Are there any hidden monthly costs? ( e.g. Society charges)    
9. Is the locality well maintained?    
10. Is this a vegetarian society?    
11. Are the neighbours friendly?    
12. Is public transport easily accessible?    
13. Is the area prone to crime?    
14. Is the location secure and well light at night?    
15. Are the chances of property value appreciating?    
16. Is the home too close to an industrial area? (can be polluting)    


EVALUATION OF THE BUILDING
  Present Good Condition Average Condition Poor Condition Furniture Available
Hall          
Kitchen          
Bathroom1          
Bathroom2          
Bathroom3          
Bedroom1          
Bedroom2          
Bedroom3          
Pooja room          
Dining room          
Servant's room          
Other rooms          


AMENITIES
  Yes No
Is there a Garden?    
Is there a Garage?    
Is there a geyser?    
Are there enough closets / cupboards?    
Is there a well / water supply regular?    
Is supply of electricity regular?    
Is there place to wash and dry clothes?    
Are there adequate garbage disposal facilities?    
Do all electrical switches work?    
Is the plumbing in the bath and kitchen working well?    
Are the appliances over 7 years old ?( be prepared to repair them)    


LEGAL FORMALITIES
  Yes No
Is the title clear of any encumbrances?    
Are there any dues to the society, electricity, phone bills pending?    
Have all property taxes been paid?    
Any history of untoward incidents here (e.g. suicide, murder etc.)?    
Has there been any transgression of Municipal property?    
Any legal restrictions on further expand the area of the house?    


ESTIMATES OF ADDITIONAL COSTS
  Cost Details
Repair of furniture  
Repair building structure (renovation / decorations)  
Plumbing  
Wiring  
Taxes/ levies (property, society etc.)  
Legal fees  


SECURITY
  Yes No
Are there Locks on all windows/ doors?    
Is there an Eye lens on the front door?    
Are their locks on interior door like the garage, basement etc.?    
Are the doorknobs too close to the windows?    
Does the building have a Security guard full time?    


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