Pros & Cons Of Buying Directly From A Developer

Most of us prefer buying a home with the help of a professional real estate agent, but there are some who would want to go to the developer directly. 

But, buying directly from a developer comes with certain pros and cons.

The benefits

Best deals: Buying directly from the developer will help you cut costs. First, you save the money you would have paid an agent. Second, by directly negotiating with the developer, you will be able to grab a better deal.

Customisations: When dealing directly with the developer, you could ask for certain customisations or renovations (at times for a cost) that you would want your home to have. This lets you have a home you have dreamt of rather than sticking to a property that might not fit your interiors' expectations.

The disadvantages

On your own: On the hindsight, dealing with the developer directly means you will have to go through the home-buying process on your own. You might not be well-versed with all the legalities and paperwork involved when buying home, especially if you are a first-time home buyer.

Heavy groundwork: When buying directly from the developer, a lot of due diligence will be required. You will have to research, read and dig information about the credibility of the developer. You will have to check with his previous buyers about the construction quality. Also, know more about any legal cases on the developer, or if he is known to delay projects.

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