Ways to Sell a Home with an Outstanding Home Loan

Being a homeowner is a prestigious thing but some time the owner has to sell off the property in which he/she has invested not only financially but emotionally also. But, property comes in relation with money so, if you are in doubt over selling–off a home with an outstanding home loan then here are the things to consider. Apart from the Seller, the home buyers are also required to check if the property you are interested in is debt-free or not.

Residential Property Outstanding Home Loan

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We have mentioned various cases that both the homebuyer and the seller faces while carrying out the property transaction deal for buying/selling a home with an outstanding home loan:

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Flexi Payment Plan: Know its basics and benefits for home buyers

While buying a house, an individual goes through a roller coaster ride right from searching to shifting; the other task which too requires a lot of brain-twisting is the way to disburse the hard-earned money in various stages of property booking.

Flexi Payment Plan

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Considering all these aspects, developers have divided the real estate purchase into 4 different types of payment modes- Construction-Linked Plans (CLP), Down Payment Plan (DPP), Flexible Payment Plan and Subvention Schemes. Of the four, a flexi-payment plan is one of the most sought after payment options. So let’s understand about this plan in detail:

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Planning to Buy a Home? Use Provident Fund Wisely

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.

Provident Fund

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Tips to Avail Construction Loan for Building a Home

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.

Construction loan

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Circle Rate: Know Its Relevance for the Home Buyers

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:

Circle Rate

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5 Reasons Why Gated Community is Better

Today, the aspiring home buyers look for buying property in housing societies and thus the concept of Gated Community is gaining popularity. In fact, this type of living is better as compared to other housing projects as one is safe and secured inside the premises of a Gated Community.

Gated Community

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One important reason for home buying in a Gated Community is the design of this place. The architectural design here defines the entry and exit points of the society and thus every unidentified person has to check-in before entering into the vicinity of a Gated Community.

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Selling Property? Keep the Legal and Taxable Aspect in Mind

The process of selling home involves two people initially but a proper selling deal includes three persons who are:

  1. Seller

  2. Buyer

  3. Legal Expert

Selling Property

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The reason behind hiring a legal person is important as this professional helps in completing all the legal procedure and makes transferring of property title and receiving of money easier. In fact, you as a seller must talk about the mode of payment and paperwork prior to finalizing the property deal.

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