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Moved to a new city? Here are 6 tips to find the right property Updated written by ET Now Digital, published in Etnownews.com. August 8, 2018

All-in-all, there are numerous challenges to finding a desirable property in a new city but knowing the evolving trends can put you in an advantageous position while buying/renting property.

 

Moving cities can be a difficult affair, especially find a house to buy or rent. Often, it turns out to be a cumbersome process with all the travelling, house hunting, and even dealing with brokers. But sometimes you just do not have a choice &ndash may be an irresistible job offer or some other amazing opportunity. Chances are that only a hand few people will give such an opportunity a pass. For the rest, an uphill task lies ahead. 

 

All-in-all, there are numerous challenges to finding a desirable property in a new city but knowing the evolving trends can put you in an advantageous position while buying/renting property.  The real estate market has evolved significantly in the last decade, expanding to an array of ideas to connect sellers and buyers or tenants. 

 

Today, there are not just websites and dedicated real estate services to help you find a new house to rent or buy after moving cities but there are thousands of options to find a desirable home. Having said that, here are six quick tips to find the perfect deal: 

 

Research: Once you know that you are moving to a new city, it is important that you conduct extensive research about the city. It will not only help you understand the city better but also help you find out the good property hotspots in the city. The internet holds key to a lot of answers and it wouldn&rsquot cost you a penny to search on the web for some good property options. 

 

Scan real estate websites: The day you find that you are moving to a new city, you should make a mental note to scan for all real estate websites to find a good property deal. However, you don&rsquot have to commit to anything online. Just do a round of browsing real estate websites and chalk out a particular region you like, or you could even ask a friend about a good neighbourhood in the city. The scanning session can give you a fair idea about the average property rates in the region.  Worth mentioning that there are websites which will directly connect you to an owner to avoid any extra cost incurred for the same. 

 

Seek and shortlist: When you are finally in the city &ndash and have settled down temporarily &ndash you can proceed with your house hunting journey. However, the process of finding a good house to buy or rent involves a much larger process &ndash you must think about many other factors such as &ndash distance from the office, income and lifestyle, schools for children (if married), public transportation needs and your preference. 

 

Rent or buy: Renting and buying are two different sides of the same coin in the real estate market and both can be equally tough challenges for an individual to crack. However, in the avenue, only you are the one who can take the final call but here are some tips to help you in the process: 

 

Equate your purchase &ndash is it feasible to buy a house for the quoted price? You must ask yourself this question. You must determine the hidden costs that come with purchasing a house and since buying a house is a bid decision, you have to be 100 per cent sure about the purchase as buying a house is a commitment to that area. 

 

Renting, on the other hand, is another challenge: To get a good deal without the involvement of a broker is not only tough but seems impossible. But it is still possible to rent good houses as there are more options and there is also scope for a little margin of error. 

 

Think wisely: Last but not the least, you need to think smartly while buying or even renting a property. If you are planning to buy the property, calculate how many years you would need to save to make the down payment for the purchase, find a bank which will offer good home loans, and identify all the hidden costs that can pop up later. Similarly, when renting a house, you need to be smart, sharp between the ears when dealing with a real estate agent and equate if paying a monthly rent would reap you more benefits that buying a house.