FAQ
Am I Ready to Be a Homeowner?
✅ Financial Readiness – Do you have a stable income, a good credit score, and enough savings for the down payment and closing costs?
✅ Long-Term Plans – Are you planning to stay in the same city or locality for the next 3–5 years?
✅ Lifestyle Fit – Are you prepared to handle responsibilities like maintenance, repairs, and property taxes?
✅ Emotional Preparedness – Buying a home is a big commitment. Are you ready to move from flexibility to ownership?
At Solution Specialists, we guide you through every step — from assessing your financial health to helping you choose the right property in Gurugram. Whether you’re a first-time buyer or upgrading, we’re here to help you make a smart move.
Is Renting or Buying Better?
A: It depends on your goals.
🔑 Renting offers flexibility and lower upfront costs.
🏡 Buying builds equity and offers long-term stability.
At Solution Specialists, we help you evaluate what suits your lifestyle and finances best.
What Is the Lender’s Formula?
A: The lender’s formula helps banks decide how much loan you can afford. Most lenders follow the 28/36 rule:
💰 28% of your monthly income can go toward home-related costs (EMI, taxes, insurance).
💳 36% is the cap for all your debts combined, including car loans, credit cards, etc.
This helps ensure you don’t borrow more than you can comfortably repay.
Need help understanding your loan eligibility?
Talk to our experts at Solution Specialists.
What Do I Look for in Homes?
A: Focus on what truly matters:
🏡 Location – Proximity to work, schools, and essentials
📐 Layout & Space – Does it fit your current and future needs?
💡 Ventilation & Light – Natural light boosts well-being
🏗️ Construction Quality – Strong structure, quality fittings
📜 Legal & Title Clarity – Verified documents, clear ownership
At Solution Specialists, we help you evaluate all this — and more — so you make the right move, not just a move.
Do I Need a Home Warranty?
A: A home warranty isn’t mandatory, but it’s a smart add-on — especially for resale homes. It covers repair or replacement costs of major systems like 🛠️ electrical, 🛁 plumbing, or 🧊 appliances due to wear and tear.
✅ Peace of mind
✅ Saves unexpected repair costs
✅ Adds value if you’re reselling soon
Our team at Solution Specialists can help you decide if it’s worth it for your specific property.
What Should I Expect at Closing?
📌 Closing is the stage when the deal gets struck and aligned between the buyer and seller — finalizing the price, terms, and timelines.
It’s the official handshake moment 🤝 where agreements become binding, and ownership changes hands.
Here’s what to expect:
🖊️ Signing of legal documents (agreement, title deed, loan papers)
💸 Payment of closing costs (stamp duty, registration, brokerage if any)
📋 Review of final terms and payment clearance
🔑 Key handover once everything is in place
✨ First-time buyer? We explain every document & ensure full transparency.
💼 Investor? We streamline the process for max speed & minimum hassle.
Let the experts at Solution Specialists handle your closing with confidence!
What Is Pre-approval?
✅ Pre-approval is a lender’s confirmation of how much loan you’re eligible for — based on your income, credit score, and documents.
Think of it as your financial green signal 🚦 before house hunting!
It helps you:
🏡 Know your budget
💼 Negotiate confidently with sellers
⏱️ Speed up the closing process
🔰 For first-time buyers: It shows sellers you’re serious and ready.
📈 For investors: It helps you move fast in competitive markets.
Am I Ready to Rent?
You’re ready to rent if you:
✅ Have a steady income
✅ Can pay the deposit & monthly rent on time
✅ Understand the lease terms
✅ Are okay with some limits on customizations
🔑 Renting is a great choice if you want flexibility, low commitment, or are exploring a new city or area.
Still unsure? Let Solution Specialists guide you to the best rental options in Gurugram!
What Should I Offer?
💰 Your offer should balance market value, property condition, and demand.
We help you consider:
📊 Recent sales in the area
🏠 Property condition & age
📈 Current demand (Is it a buyer’s or seller’s market?)
⏳ Urgency of seller & competition
🎯 First-time buyer? We’ll help you make a smart, fair offer that gets noticed.
💼 Investor? We’ll guide you on where to negotiate & where to hold firm.
Let Solution Specialists help you strike the right deal!
Can I Ask You for Advice?
Of course! 🤝
Whether you’re a first-time buyer, seasoned investor, or looking to rent or sell — we’re here to guide you at every step.
🏡 Confused about location?
💰 Unsure about pricing?
📄 Need help with paperwork?
Our 14+ years of real estate experience ensures you get honest, practical, and profit-focused advice — not just sales talk.
📞 Just call, WhatsApp or email us anytime!