Taking a home loan to buy your first house? Five factors to consider

Taking a home loan to buy your first house? Five factors to consider

Taking a home loan to buy your first house? Five factors to consider Though you may have salary or income to support your home loan application, here are some factors you cannot ignore. Loans make many things accessible and homes are no exceptions. For millennials, loans are a part of life and they may not think twice before buying a home with a loan. However, here are five factors you should keep in mind even if you have adequate salary to get a loan and to service it. Property Age…

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Demonetisation: How to manage cash crunch?

Demonetisation: How to manage cash crunch?

Here are some ways you can deal with cash crunch better. Salil Shah, a small businessman who had just landed back in India on November 15th from his visit to Dubai, was shocked by the scene on the streets of Delhi. There were long queues outside ATMs and most of them were already out of cash by 10.30 in the morning. Getting into any bank was virtually impossible as there were serpentine lines outside all banks and your waiting period would have been 5-6 hours. Even after that there was…

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Why this loan is better than personal loans?

Why this loan is better than personal loans?

Many house owners are not aware of this option and hence end up taking personal loans to renovate their homes Home improvement loans are given by all leading banks for any house owner seeking to expand, renovate, or rebuild their house, regardless of whether it is old or new. Many house owners are not aware of this option and hence end up taking personal loans to renovate their homes. It is good to know what all home improvement loans cover and use them smartly.   Home improvement loans can be…

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