residences

You should do a bit of personal research about the property before you purchase it. You should investigate the real estate history of the area. This includes asking questions such as how long the land was vacant before it was developed, what it was used for before it was developed, is the land a disputed one or did the development project involve any conflict or controversy. There have been several cases in different countries of the world where people bought into conflicted properties or those reserved for purposes other than housing and were forced to vacate later. A small amount of time and effort spent in research will save trouble in future.

Living by the waterside involves a residences certain degree of risk. Most residential properties surround a lake. You should determine the year-round traits of the water body. Find out whether the level of the water body remains constant, whether it drops in summer and whether it is prone to flooding in the monsoons. This is an important safety concern and matters when it comes to your insurance policy.