Loan to buy a house, pressure to buy a house When it comes to getting a mortgage, you have to consider the type of loan. Adjustable-rate loan mortgages (ARMs) and fixed-rate mortgages are the two main types of loans. The initial low rates of adjustable-rate loan mortgages can make them appealing, but everything comes with pros and cons. And similar is the case with fixed-rate mortgages. Below are...
A home purchase is one of the major purchases that anyone makes in his life. Finding how much one can afford can help them get a pre-approval mortgage and save them from expenses-related trouble later on. Although homebuyers know about expenses, such as closing costs and down payment, they must also know of other costs associated with ownership. Insurance, property taxes, and regular maintenance are...
Putting money into a home purchase is a terrific method to develop long-term wealth. But thinking that renting is a waste of money is a myth. Nobody can definitively determine whether a person should buy or rent a home/property because it relies on several things, including their finances and way of life. Pros of renting a home Easy moving Are you tired of your once charming...
You may want to tick off everything on your wish list when looking for a new home for you and your family, but experts say paying attention to the neighbourhood is also essential. And why not? You can update or fix your home but can not change your neighbours. Here are some points that can help you find a decent neighbourhood. 1. Visit the neighbourhood Take a walk around the neighbourhood...
Sustainable and eco-friendly homes are designed and operated in a manner that has a minimum impact on the environment. And sustainability is rising in the real estate sector because of many reasons, such as global warming, stricter government policies and many more. The real estate industry adopts green building techniques by using sustainable building materials, energy-saving equipment, and...
Technology is redefining every sector, and real estate is not exceptional. Today, buying, selling and renting a home has become a lot easier, unlike in the old days. And whether someone wants to buy or sell a property, everything can be done in just a few clicks. And it is not just real estate transactions; technology is impacting everything from construction services to home ownership. Below,...
Since the pandemic, Mohali real estate has advanced significantly, with new and big projects being developed in the city at a phenomenal rate; Despite that, many homeowners are anxious about investing in property. In this article, we have tried to predict the future of Mohali real estate as per the current market trends and past performance. So, keep reading the article to know whether you should...
Property market. House in shopping cart Understanding the actual value of a house is the first step to getting a high return value on it. And there are many ways to estimate a house's resale value, such as checking around the neighbourhood and examining the market, etc. But these are not enough; One needs expert advice to maximise their home resale value. Here are some steps that can help you increase...
It is natural to feel anxious or stressed about buying a home, as it is a major financial decision. One has to consider several factors, such as location, cost of the house/property, mortgage loan process and responsibilities associated with maintaining a house. All these factors can make anyone feel anxious about buying a home. However, research and understanding the buying process can help reduce...
Mohali has long been associated with sports because of the presence of the Punjab cricket association (PCA) stadium that hosted several international cricket matches and the Indian premier league (IPL). But, it has grown to become one of the biggest IT and business hubs in North India. Several educational institutions are also opening in and around Mohali. All these developments are collectively...