Tips to save money while purchasing home

Tips to save money while purchasing home


Owning a property is a dream come true for all and it has got a sentimental value attached to it as hard-earned money is used to buy the same. After taking hefty amount of loan and taking your savings, shouldn’t home buying be one of the wisest and best decisions in life? Therefore, it is important to not be completely driven by emotions rather consider it from materialistic point of view. 
Here are some of the tips to help you save money while buying home:
People nowadays prefer taking loans in order to fund their houses. They take home loans for a huge amount and end up with the burden of loan repayment for the rest of their life. You need not wait till retirement to use your life savings for buying a home, but it is suggested to keep the loan amount low. Also, take loans when you want to bridge the deficit.

When you can borrow money from your family, why should one depend on banks for loans that come with not too interesting benefits and interest rates? Approach your family for quick and easy borrowing.

Decide if you want more space or more convenience? Though everyone wants to live in the heart of the city, the huge price for homes at favorable locations might be a drawback for potential home buyers. Consider the needs and requirements of your family/occupants, and check if it fits the budget and serves the purpose.

Comments

Post a Comment

Popular posts from this blog

Ayurveda tips for radiating beauty

Image
Beauty, according to Ayurveda, is a result of leading a healthy and balanced life which results in boosting radiance and beauty of the body. But this doesn’t mean that you should ignore taking care of your skin and hair. Though there are various Ayurveda packages Kerala that focuses on improving skin and hair beauty, with the help of certain home remedies and caution you can get flawless and radiating skin. Know your dosha Our skin and body depends on the Ayurvedic constitution and it is important to know your dosha type before doing anything. Vata skin would be dry, fine-pored and wrinkle-prone. Pitta would be prone to breakouts and rashes whereas Kapha would be oilier and thick with enlarged pores, pimples and balckheads. Coconut oil Coconut oil is considered to be best for the skin as it gives a cooling effect and is not too heavy on the skin. Sugar Use sugar to exfoliate your skin as it helps retain moisture and boosts cell turnover. Mix it with cooling and rejuvenatin
Read more

Ways to detect structural flaws in a house

Image
Structural flaws and defects in buildings are a result of poor design and improper construction. Defects like water seepage, chipping of walls, cracks of walls and floors are some of the commonly observed damages that could adversely affect the property’s value. Therefore, it is vital to do a thorough home inspection during regular intervals so that it is addressed at the earliest stage itself. Homes offered by Ladder Kerala, builders of the finest quality flats in Calicut are built to perfection with its best-in-class features, accessories and materials. Take a look at some of the structural defects to be noted in your house: Weak foundation Foundation is the base of all houses and building a weak one can have major adversities. Signs of weak foundation can be spotted when you are unable to close the doors and windows, when there is an adequate draining system from the foundation, when concrete is flaking or crumbling, ruptures, gaps, sloping or sagging of foundation walls or
Read more