Being a homeowner is not an easy task as the entire procedure of availing home loan makes a person run from pillar to post. But, apart from comparing the financial institutions and documenting paperwork, the home loan applicants do not consider few essential terms which mean a lot to them particularly while repaying the home loan. So, here in this blog post, we help you known about the financial terms that sound heavier than owning a home:
Buying a home via Loan has become quite easier these days especially for first time buyers. With the change in the financial landscape these days almost all the banks and financial institutions lend money to buy home which can be easily repaid in easy monthly installments (EMI). But sometimes due to financial crisis, a loan borrower fails to pay the EMI on time due to which they are considered as defaulters. These unavoidable circumstances are known as financial distress or debt distress.
Frequent changes in wall paint is not budget-friendly and also a thing of past. So, why not try something different this time to decorate home? Here, we are listing a new style to make the walls look beautiful and the thing we are talking about are the wall quotes stickers. These are different from the regular sticker. So scroll down the page to find out the difference:
Planning to buy a home but the insufficient funds is restricting your way? Then, calculate how much PF aka Provident Fund is there in the account since you started a job. This account balance supports you through the thick and thin times as the PF amount help you have an easy access to money while facing financial crises. So, this blog post will help you understand how to use PF alias the Provident Fund amount for purchasing a home.
The Reverse Mortgage loan Scheme offers financial support particularly to senior citizens, who are usually not keen to sell their home. But, the issues like dependency on children or low pension rate push them to take such a hard discussion. Apart from the retired people, the about to retire citizens also think about how to have a financial stability in life post-retirement. But, now it’s time to smile and enjoy life as the availability of Reverse Mortgage Loan Scheme is the best way to live an independent life till last breath.
Have you ever thought that your empty old glass bottles which are taking space in your store can be reused again? Yes, with simple decorating tips, these bottles can be reused in a completely different way adding an attractive element to your simple Home décor.
The construction of a residential property costs too much and the financial funding for the same is bit different to avail in comparison to the home loan sanction. But, the availability of multiple loans are enough to lit up the hope for sanction of financial funding for the construction of residential property. So, opt for construction loan rather than gazing at the home loan section. This loan may be new to some of the readers but this funding is best suitable in case you are looking for financial funding to build up a home. The below listed things will help you know better about the Construction loan as it help in proper structuring of a living abode.
In a recent announcement, Civil Aviation Ministry said that the Uttar Pradesh Government is likely to complete the land acquisition process for Jewar Airport in next 2 months. Speaking to the reporters, Civil Aviation Secretary R N Choubey, said, “The Uttar Pradesh government has assured that the process of getting land will be completed in two months’ time and that the bids for PPP (Public Private Partnership) will be invited in October.”
The rise and fall in the circle rate decide the mood of a real estate market. Thus, being aspiring homeowner you must be aware of what this rate is and how it is relevant while purchasing a property. So, this blog post not only outlines the idea of circle rate but also let you, the reader know about the concept, significance, its effects on the home Buyer, property market and its importance one by one. Scroll down the page and read more about the same:
Seeking home loan? If yes, then you must also be wondering why a private home loan lender such as a financial institution/bank emphasis to have a look at the bank statement. Obviously, lending money that too in lakhs is not a joke thus the lender has all rights to check and recheck the necessary documents before sanctioning the home loan amount. But, many of the aspiring homeowners try to convince the lender that he/she will pay back in time. But, there is more than that which a lender is required to check. So, go through this blog post and know why a lender asks you for the bank statement: