As a homebuyer you are bombarded with a Niagara of information. Here we distill it for you so that it makes sense. ... Read more

By Santosh Mishra  |  0 comments   |  3396 views  |  Category: Buying

Current Home owners have multiple questions when they decide to refinance. We address some key factors here ... Read more

By Santosh Mishra  |  0 comments   |  2800 views  |  Category: Buying

Property documentation: Here is the required property documentation for NRI to get home loan ... Read more

By ResidenceBuy India  |  0 comments   |  2130 views  |  Category: NRI

Get everything in writing: Don't go by words and promises. Get everything in writing from the seller and lender and check it through a lawyer for legal loopholes. ... Read more

By ResidenceBuy India  |  0 comments   |  2097 views  |  Category: Buying

Motivation: Here are some motivations for investing in indian real estate for NRIs ... Read more

By ResidenceBuy India  |  0 comments   |  2105 views  |  Category: NRI

Home Loan Eligibility: The eligibility criteria that qualifies for home loans of NRIs differ from Resident Indians. ... Read more

By ResidenceBuy India  |  0 comments   |  2515 views  |  Category: NRI

There are three main reason for selling home. 1. Moving (changing job moving out of city or moving within the same city) 2. Monetry profit (investment), 3.Unexpected events. ... Read more

By ResidenceBuy India  |  0 comments   |  2420 views  |  Category: Selling

Documentation: Here is the list of required documentation for NRI home loan ... Read more

By ResidenceBuy India  |  0 comments   |  2144 views  |  Category: NRI

Economic risk associated with real estate investment by NRI: NRI faces multiple risk in term of investment in india. Here we will explore some of the risks assosiated with real estate investment in india. ... Read more

By ResidenceBuy India  |  0 comments   |  2086 views  |  Category: NRI

Required Documentation: Lenders require specific documents to determine your eligibility of receiving a home loan. The required documentation is different for different borrower types (i.e. businessmen, salaried employees and professionals) ... Read more

By ResidenceBuy India  |  0 comments   |  2085 views  |  Category: Buying

Choosing mortgage lender: Selecting a mortgage lender is a complex and time consuming exercise. key factors to consider while choosing a lender: ... Read more

By ResidenceBuy India  |  0 comments   |  2127 views  |  Category: Buying

Lenders provide different types of home loans, understand which one you need. Basic home loan tips to select right home loan product. ... Read more

By ResidenceBuy India  |  0 comments   |  2084 views  |  Category: Buying

The key to bargaining is to be well informed about the property market. For best negotiation you have to believe that the deal may fall through and you may have to move on to a new house ... Read more

By ResidenceBuy India  |  0 comments   |  2993 views  |  Category: Buying

Before buying a house this is the most important choice you face. Depending on your circumstances either renting or buying may be the best choice for you. ... Read more

By ResidenceBuy India  |  0 comments   |  2094 views  |  Category: Buying

Consider Monthly payment,Total housing cost,Debt Burden,General expenses and other assosiated cost factors to measure your preparedness for home ownership. ... Read more

By ResidenceBuy India  |  0 comments   |  2142 views  |  Category: Buying

Shortlist properties: Now that you are ready to go, here are some key facts to keep in mind: ... Read more

By ResidenceBuy India  |  0 comments   |  2877 views  |  Category: Buying

There are different types of home refinancing schemes: Term refinance, Rate refinance, Term and Rate refinance and Cash out refinance. ... Read more

By ResidenceBuy India  |  0 comments   |  2493 views  |  Category: Financing

Home loan provider selection is very important step in the home buying process. It is useful to create a shortlist of lenders, and start with the nationally recognized ones. This gives you an array of choices to select from and help you un ... Read more

By ResidenceBuy India  |  0 comments   |  2335 views  |  Category: Financing

Product selection: Mortgage is a complex product with different characteristics that deserve close attention. Here are some important concepts/ factors ... Read more

By ResidenceBuy India  |  0 comments   |  2186 views  |  Category: Financing

Non-Resident Indians are also qualify for home loan in india as per RBI guideline. NRI can also buy house in india and avail loan up to 85%. ... Read more

By ResidenceBuy India  |  0 comments   |  2087 views  |  Category: NRI

Affordability: Here are some key factors that should give you a good idea about how much you can afford for a home loan: ... Read more

By ResidenceBuy India  |  0 comments   |  2279 views  |  Category: Financing

Complete the Purchase: Ensure the following before completion of purchase: ... Read more

By ResidenceBuy India  |  0 comments   |  2088 views  |  Category: Buying

Preparatory financial planning: To be a home owner is a dream come true for all of us, and we owe it to ourselves to plan ahead. Here are some pointers: ... Read more

By ResidenceBuy India  |  0 comments   |  2273 views  |  Category: Financing

Get documents ready before you selling. Read more for detail requirements from Govt. of India ... Read more

By ResidenceBuy India  |  0 comments   |  2085 views  |  Category: Selling

Key prerequisites: Make sure that you have all the legal documents ready and all the govt. regulations fulfilled before the project starts. Otherwise the project can be mired in long legal ... Read more

By ResidenceBuy India  |  0 comments   |  2085 views  |  Category: Selling

It is difficult to acknowledge that your house is perceived as overvalued in the market place. However, sometimes .. ... Read more

By ResidenceBuy India  |  0 comments   |  2082 views  |  Category: Selling

Loan pre-approval: It is a commitment in writing from a lender to lend you a specific amount to buy a home under certain conditions (e.g. term of loan, principal balance, and interest rate). ... Read more

By ResidenceBuy India  |  0 comments   |  2261 views  |  Category: Financing

Required Documentation: Lenders require specific documents to determine your eligibility of receiving a home loan. ... Read more

By ResidenceBuy India  |  0 comments   |  2360 views  |  Category: Financing

Tax implication: You pay capital gains tax on sale which is determined by holding time of the property: ... Read more

By ResidenceBuy India  |  0 comments   |  2172 views  |  Category: Selling

Here are five top reasons for refinancing: Interest saving, Payment reduction, Moving between fixed rate and variable rate, Quick payoff, Moving/relocation. ... Read more

By ResidenceBuy India  |  0 comments   |  2388 views  |  Category: Financing

There are some common mistakes people make when buying a home. Avoid common home buying mistakes made by many. Learn how you can save yourself time, money, and stress when buying your home. ... Read more

By ResidenceBuy India  |  0 comments   |  2777 views  |  Category: Buying

Repayment capacity: Some key factors lenders check to determine your repayment capacity ... Read more

By ResidenceBuy India  |  0 comments   |  2431 views  |  Category: Financing

Value of the property: Now that you have decided to sell your house, finding the value of your house is the next natural step. Here are few key things to keep in mind: ... Read more

By ResidenceBuy India  |  0 comments   |  2143 views  |  Category: Selling

Selling incentives to real estate agents and prospective buyers sometimes can be a deal maker or a deal breaker ... Read more

By ResidenceBuy India  |  0 comments   |  2095 views  |  Category: Selling

Setting the right price is the most important aspect of selling a house successfully. Note that a high price will drive the buyer away and a very low price will result in a financial loss for you. ... Read more

By ResidenceBuy India  |  0 comments   |  2104 views  |  Category: Selling

Market trends make the difference between whether you will celebrate your sell in the long run or regret your decision for selling too soon. ... Read more

By ResidenceBuy India  |  0 comments   |  2125 views  |  Category: Selling

Enhance the home value:Given that you have decided to sell, and have a good pricing strategy based on extensive research and market trend, it is time to make your property attractive. ... Read more

By ResidenceBuy India  |  0 comments   |  2085 views  |  Category: Selling