There is no restriction on the number of properties you can own. Similarly, there is no restriction on the number of houses for which you can take home loans and claim tax benefits, either … READ FULL STORY
Property is an asset that not only provides you with a roof over your head throughout its life but also acts as a saviour in times of need. For example, a property owner who … READ FULL STORY
While it is a well-known fact that housing finance is a boon for modern-day home seekers who face financial limitations, there are various misconceptions attached to these facilities. Before a buyer plans to opt … READ FULL STORY
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
Borrowers, while seeking a home loan, are often persuaded by lenders to opt for a combo deal that includes the home loan and a home loan insurance plan. The basic purpose of a home … 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
The good news is that Indian home buyers do understand that the lockdown following the Coronavirus pandemic, was neither in the hands of the builders, nor could it have been anticipated. Hence, they have … READ FULL STORY
