Why Are Site Visits Important For Home Buyers?

By Investoxpert | 23 Dec 2023 | Real Estate

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You need to be aware of the importance of Real Estate Site Visit if you intend to purchase a property or have already made a reservation. Checking on building progress and any variations (if any) from the original plan can be facilitated by routine site visits.

 

In 2012, Ankit Sharma purchased a unit in a high-rise in Noida Extension that was still under construction. His apartment on the tenth story, which faced the sun, delighted him. In 2014, he noticed a deviation from the planned concept during a routine site check. Though the initial concept called for a beautiful garden in front of his tower, a commercial complex was now being designed. Additionally, this meant that his unit's balcony's view would now be

 

Checking variances like the above can be facilitated by making frequent trips to the construction site. Sharma may have protested about the divergence, but if he hadn't scheduled a site inspection, he never would have known about it. This raises the issue of how frequently sites are visited. Put differently, how often should a buyer visit the construction site? Let's investigate.

 

It is crucial that prospective homeowners stop by the construction site. They have to make sure that the construction is proceeding according to the timetable that the developer promised to and stated in the agreement.

 

It is true to say that "seeing is believing."

Disturbances from the master design are easy to identify, even though the average person may not be able to comment on the materials or building quality. It is the buyer's responsibility to ensure that the project, the blue print, and the brochure all match.

 

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Why Site Visit Is Important?

A Homebuyer May Visit The Construction Site For The Following Reasons:

 

Authenticity: A consumer can verify the veracity of the developer's statements by visiting the site. This is especially important for purchasers who intend to buy a unit in the pre-launch phase. Such buyers might find out the crucial ownership of the land by visiting the site.

 

Progress: One of the primary considerations for a buyer of a house is prompt possession. A buyer can monitor the speed and advancement of construction with regular trips to the project site.

 

Quality: During a site visit, a buyer can inspect other aspects in addition to the status of construction. A buyer has the opportunity to inspect the brands of building supplies, including cement, steel, wiring, switches, and sanitary fittings, while on a site visit. This might provide a decent indication of the construction's overall quality.

 

Verification of amenities: The amenities offered at the project site are visible to prospective homeowners. For example, a buyer can verify whether the project includes the clubhouse, recreation center, or swimming pool that is depicted in the layout design.

 

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What Is The Impact Of The Internet?

Site Visit For Home Buyers have become less necessary as a result of real estate's adoption of technology. Real estate websites have made it easy to receive a detailed glimpse inside your apartment with a number of advanced features. In order to make an informed decision, potential buyers can now take a virtual tour or look through images and videos of the property without actually visiting. 

 

Does that imply that the customary visit to the construction site is unnecessary or only slightly necessary? Property specialists are divided.

 

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Conclusion

Buyers should verify information by visiting the real construction site, as there have been cases of inaccurate or misleading information appearing on the Internet. One of the largest financial commitments a person will ever make is most likely purchasing a home. 

 

Therefore, nothing can ever take the place of a site visit and in-person examination. Regarding how often a buyer should visit a property, professionals advise that in order to keep informed, a buyer should schedule a visit once every three to four months.

 

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