Thanks to the growth of housing finance in India, you do not have to wait till you have accumulated enough money, to buy a house. You can pay a certain percentage of the property’s … READ FULL STORY
An integral part of property transactions is its registration – a procedure that establishes a buyer’s legal ownership on the immovable asset. This is why all home buyers should be familiar with the norms … READ FULL STORY
While most home buyers avail of home loans to finance their property purchase, some buyers also choose to invest their own funds, to completely avoid the hassle and additional cost of financing, which is … READ FULL STORY
Banks view joint home loan applications favourably and there is a reason for that. Even though housing loans are secured loans, the fact that two people are legally obliged to service the loan, is … READ FULL STORY
What is pre approved home loan? A pre-approved loan is one where the borrower applies for credit, without having finalised the property. In effect, this is more of a creditworthiness-gauging exercise. Advantages of … READ FULL STORY
Insurance policies allow one to secure one’s future liabilities, in the case of any unpleasant event. Home buyers are encouraged to buy both, home insurance and home loan insurance, at the time of transaction. … READ FULL STORY
The benefits of a joint home loan are many. It provides borrowers with an opportunity to combine their respective credit taking capabilities and afford a home that might not have been possible, if only … READ FULL STORY
A home loan is a financial tool that allows individuals to purchase a house by borrowing from a bank or financial institution, making homeownership more accessible. It enables buyers to spread the cost of … READ FULL STORY
Given a choice, a majority of home buyers may prefer an independent home, built on a plot that they have purchased with due diligence. From an investment perspective also, investing in land makes more … READ FULL STORY
A pre-approved loan is an instrument that is used by banks, to attract customers to avail of its facility without much hassle. Generally, there is a fair amount of uncertainty for home buyers, till … READ FULL STORY
The Coronavirus pandemic has forced many real estate stakeholders to embrace new-age technologies. Real estate agents who have an online presence, have been able to continue running their businesses, while brokers who relied entirely … READ FULL STORY
In addition to making an informed decision, property buyers are also working out the best mode of acquiring their immovable assets. Whether it’s choosing the best financing option for tax benefits or directly dealing … READ FULL STORY
A borrower can shift the home loan to any other lender, who is willing to offer better interest rates. At times, a home loan applicant may also want to increase the loan’s tenure, due … READ FULL STORY
