How to judge the reliability of a builder?
Aug 20, 2008 Real Estate
Building your new dream house?? Must be in need of a reliable and trust worthy builder. How to judge the reliability and credibility of a builder??
Real Estate is the booming industry but a highly unregulated and unorganized market. Every builder boasts about the services and assistance but only few of them are able to prove their words. There is no particular rules to judge but a few things should be taken care to avoid lose and possible hassle in future. Hiring the right builder is crucial to the whole building experience. There are many good and reliable builders but they might take a little work to locate and investigate. Following tips can help you.
-Search for them on the Internet and local newspapers for advertising and information placed by builders. Take advice of your friends and family members.
-Check the builder association in your area and nearby localities. Talk to the people whose homes were built by your preferred builders about any problems with construction and what the builder was like to work with. This can give sufficient information about the reliability of the builder.
-Find out whether possession for past projects of the builder happened in time and weigh the costs against the benefits. Then estimate your budget and cost accordingly.
-Figure out all the features you want like number of bathrooms, whether you want an eat-in kitchen or home office etc. Make sure that the builder has experience doing what you need done.
-Give a look at the features, standard items and options offered by builders and do not forget to compare offers.
-Look for someone who pays attention to your needs. A builder should be a good listener. A healthy builder-client relationship will make all aspects of the job run smoother.
-As a rule, avoid builders who are fairly new or projects that take more than 18 months for completion, and avoid getting into deals where the necessary approvals or papers aren’t easily available.
-You can visit sales centers of builders to look at model homes or suites. Talk to the representatives about your building plan so that you can compare room sizes, features, standards and options and pricing. Make sure that the large furniture will fit into the space of your new home. Talk to the builder about these matter before starting.
-Builder should tell you that the square footage of a house is normally measured from outside walls, so that the useable space is somewhat less. Room dimensions are measured from inside finished walls. This will effect about spacing your furniture and other items in the room. A reliable builder will give you the clear picture of these issues.
-Also you can discuss the financing of your new home with the builder and your mortgage lender and your budget plan. Make certain the price in the final agreement is what you expected and that the information describing the home is correct in every detail.
After you decided about the builder and all other major issues, consult the professionals, like your banker, lawyer, real estate agent, mortgage lender and others to ensure that your decisions are on right track and the builder is credible.
India would give market access to 34 African nations: PM!
Apr 8, 2008 Business
“India would give preferential market access to 34 African countries, which were among the least developed nations in the world” announced Prime Minister Manmohan Singh while addressing the First India-Africa Forum Summit in the Capital.
Leaders of 14 African countries including 10 heads of state and government were present in the two-day summit which seeks to forge a more contemporary partnership in key areas of trade and energy. The summit was expected to help the two sides establish a ‘dynamic partnership’.
Singh described Africa as the “land of awakening” and called for turning the 21st century into a “century of Asia and Africa.” He said that the bond between the countries should not be limited to government sectors only but should spread to all possible fields in India and Africa leading to a fruitful partnership of two billion people of the countries.
Singh said, “India’s commitment for overall development and progress was steadfast as it was keen to see Africa find its rightful place in the world.”
The foreign ministers of India and Africa, who met on Monday have finalised a draft declaration that will be announced by the leaders at the end of the Summit on Wednesday.
The declaration has tried to identify areas of potential growth where the two sides could work closely for their mutual benefit.(IANS)
The two nations are also interested to work on other important global issues like the proposed reform to the United Nations, fight against terrorism and global warming.
