Anxiety, cheer, joy, worry, nerves, confusion, clarity, lack of clarity – these are the range of emotions that engulf us the moment we start thinking of buying our first home. Irrespective of our financial standing, a first home has a very special emotional place in our heart. Then, why should it be a cause for… Read More »
Home buyers are always looking for the best home they can buy with the resources and time available with them. Now, more than ever, real estate prices are subdued and buyers are again active in the market. Buying a home is the most exciting and at the same time, tedious task for people. While the… Read More »
Try and pay the down payment from your own money, savings or by liquidating some assets. Opting for a personal loan can be a costly affair, as interest rates are very high. If you don’t have enough savings or assets to pay up the money, then its wise to wait and build assets and savings… Read More »
She had always wanted to pay off her debt and did not want to depend on volatile market conditions and wait ages before the property became her completely her own with no stake in it for the bank. Of course while she was paying her loan, she did not have to worry too much about… Read More »
In today’s context innovative options both in the residential units and loan offerings seem to be the need of the hour. The boom in real estate that has been fueled by the ever rising incomes of individuals in India combined with easy access to home loans has brought about such new and innovative options in… Read More »
The volatility in interest rates in India has affected borrowers of all types of loans. However, home loan borrowers are the most affected, as home loans are by far the biggest loans quantum-wise. Discrepancy in interest rates between existing borrowers and new borrowers, porting of home loan, stringent rules by lenders and clauses on fixed… Read More »
Home loans can be very beneficial for property buyers, as they not only help you buy your dream home, but also help you save on taxes. But you must remember to choose the right home loan if you do not want to face the hassles in the process. Here are a few quick tips that… Read More »
Purchasing a home and moving into it is a dream come true for many individuals. Almost all home purchases today are funded by a home loan. This means payment of hefty amount as down payment as well as monthly outflow in the form of Equated Monthly Installments (EMI). Even if you can actually manage… Read More »
The current economic turmoil in US and European nations have led to a sharp fall in property prices there making them extremely lucrative for non-resident Indians as well as resident Indians to invest in. More and more Indians are opting for offshore properties as a second home in exotic locations.
The tax benefits provided by the government to buyers who opt for home loans have been one of the key driving factors that have made the home loans popular across segments of the society today. There are different ways be which a home loan repayment can reduced the overall tax burden thereby earning some savings… Read More »