One of my friends had made up her mind to buy a house. She went about the whole thing in a systematic way. Since she was working with an MNC and earning well, getting a pre-approved home loan sanctioned from her bank was fairly simple. After the pre-approval she identified a house, the purchase price… Continue Reading
When it comes to financing a new home, people have a lot of questions for which they need to find answers even before they begin the property search. For example, how big a house can one afford to buy? What will be interest that will be charged for a housing loan? What should be tenor… Continue Reading
When I relocated to Pune in 2003 due to professional commitments, I decided to rent a flat close to my work place. The idea of buying a flat instead of renting never occurred to me until my boss broached the topic. We did some simple calculations taking into consideration my gross/disposable income, age, finances and… Continue Reading