Mistakes to avoid when you are a first-time home buyer

Raman promised his wife Radha, This year we’ll have our own home!

Digging his feet in, he said, “I need my own space, where Dhani (the couple’s six-year old daughter) can live the life of a princess.”

Over the years, Raman, who has worked as an investment banker with a brokerage house has saved enough to be able to invest enough in a luxury apartment, in one of the upcoming territories of the National Capital Region (NCR). A home would be among the biggest purchase, the young couple would be making and the decision cannot be taken in haste.

Mistakes to avoid when you are a first-time home buyer

Mistakes to avoid when you are a first-time home buyer

The question is- Can Raman build his house on his savings alone?

What other factors should Raman keep in mind while taking this most important decision in his life? [Read more…]