Embarking on the journey of homeownership is a significant financial goal for many individuals. While securing a home loan is a common avenue for financing, incorporating a Systematic Investment Plan (SIP) into your financial … READ FULL STORY
Demand for housing in India is currently at its peak, private estimates show, because of wide variety of factors. Fueling this demand is also the comparatively lower rate of home loan interest—banks in India … READ FULL STORY
The easy availability of housing loans in India has made property ownership easy. However, unlike Western countries, where banks offer nearly the entire capital to buy a home, banks in India have stricter norms … READ FULL STORY
Being an owner of a house is a dream for many. Everyone wants to own a house in their lifetime. However, assessing your affordability for the same is a significant step. It is the … READ FULL STORY
Margin money in home loans, is the amount that a borrower pays as down payment. While buying a property, the portion of the total cost that has to be financed from the buyers’ own … READ FULL STORY
The term ‘down payment’ is often heard in real estate transactions. Commonly used interchangeably with ‘deposit’, it refers to a certain percentage of the total sale price, which is paid by the buyer to … 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
A great deal of the property seller’s time, energy, effort and money would be wasted, if a buyer withdraws from a property deal, because of monetary reasons or loss of interest in the deal. … READ FULL STORY
Finance is one of the most important determinants, when it comes to buying a house and most of the other considerations revolve around this. As a property purchase is often a once-in-a-lifetime decision, it … READ FULL STORY
Home loans have become an invaluable tool, for most people looking to buy a home. However, the process can turn into a nightmare, if the borrower commits certain mistakes while applying for the loan. … READ FULL STORY
For most people, a house is a one-time purchase. Consequently, buyers often tend to overstretch themselves financially, to invest in the best property they can buy. Considering that investing in a house, is perhaps … READ FULL STORY
When a buyer opts to purchase a home, s/he may come across various payment plans. Nonetheless, one should check out the pros and cons of each plan, before making a choice. Down payment … READ FULL STORY
