Buying one’s first home can be a trying experience for most first-time buyers. Getting confused or feeling lost at such times is only natural, unless you have a ready reckoner close at hand. Today we take you through all the information you need to have when you are buying your first home. Get online In… Continue reading A checklist for first-time buyers
Buying a home is a significant undertaking. It requires meticulous research, careful planning and thorough checking before the buyer can be at peace. One of the major aspects of purchasing a home that worries buyers is with respect to taking home loans for the same. Irrespective of whether or not you can afford the purchase… Continue reading 6 Ways To Boost Your Home Loan Eligibility
A home loan is one of the best options, to arrange the funds needed for buying a home. Generally, it is easy to avail of a home loan, if the applicant has all the documents in place and has a good credit history. However, banks may still reject a home loan application. Some important reasons… Continue reading Reasons For Home Loan Rejection
If you have the required finances, ready-to-move-in is the ideal option for an enduser. This property would be significantly more expensive than at the launch stage but the buyer is protected against time and cost over-runs and also the EMI payment during the period when the house is under construction. For an investor who wants… Continue reading When is the best stage to buy?
The main criteria are: Your income and your track record of repaying previous loans – this is obtained from the Credit Bureau. Your current expenses including other loans you are servicing. The amount of loan related to the property value. Ownership of the property – this means that the lending bank should be comfortable that… Continue reading Factors you should keep in mind before getting a home loan.
The best way is to check if the banks are funding the project. Generally, banks approve projects and start disbursement only after all the approvals are in place. Ensure that the documents of Title of the property you intend to purchase are clear. A defective Title will create problems. Ensure that the building has been… Continue reading How do you know that a project has legal approvals from authorities?
Here are the important things to check before you sign the agreement with the developer: Specific apartment allotted, tower number and size Details of area including super area, covered area and carpet area Costing Date of possession, penalty in case of delay Exit option Specifications committed Payment plan Details of Land on which project is… Continue reading Things you should check at the time of signing the agreement?