Five Steps to Close Home Loan of a Seller

close home loan

How to close home loan of a seller is one of the prime concern of any buyer. One of my client Ms. Jyoti Suneja finalized a property in Gurgaon. She was worried because seller had home loan from Bank A. In my opinion, buying a mortgaged property is safest bet. To close Home Loan of a seller is not that difficult task as it is perceived by the buyers. 70% of the property transactions in India are through Home Loan. In 40% of the cases buyer has to close Home Loan of a seller. In my previous post … [Read more...]

ASKME App: Awesome Utility App

askme app

I am an avid Smartphone user. Smartphone is most personalized device among all devices. A Smartphone without applications is like a laptop without battery. From quite some time, i was desperately missing a utility app on my smartphone. An app which can reduce my dependency on print media for offers, deals, classifieds & help me to search for nearby merchants and businesses. I was never expecting an "All in one App" which will complete my smartphone app portfolio. After watching Ranbir … [Read more...]

7 Common Mistakes in Income Tax Return

income tax return

Every year, 31st July is the last date to file your Income Tax Return for previous Financial Year. It is equally important as your birthday or anniversary date.  I remember 10 year ago it was next to impossible to file Income Tax return without any help but Income Tax Department has done a commendable job to simplify the Income Tax Return Process. E-filing of income tax return through official portal of Income Tax Department is very easy, convenient & most important it's FREE. To avoid last … [Read more...]

6 Steps of Home Loan Process

Home Loan Process

Home Loan Process is not that difficult as it is perceived. There is a famous proverb that “Well begun is half done”. The same goes for Home Loan Process. Most of the potential borrowers stuck on how to initiate Home Loan Process. You can apply for Home Loan with or without finalizing the Property. To kick start Home Loan Process, follow these simple steps Step 1: Self Assessment Before starting Home Loan Process, visit the website of a Bank / HFC (Housing Finance Company) for the list of … [Read more...]

2BHK – Best Real Estate Investment

Real Estate Investment

Real Estate Investment is one of the most favorite investment option for Indians. Recently, one of my client Sweta Gupta from Mumbai was planning for Real Estate Investment. She already own a 3BHK flat in Andheri (Mumbai). Now she is planning to invest 1.5 Cr in real estate with sole objective of capital appreciation. Her biggest dilemma is which unit size is best for investment i.e. 1BHK, 2BHK or 3BHK. Another way to look at it is that in her budget she can buy either 3 units of 1BHK or 2 units … [Read more...]

Bank Fixed Deposits – Park Contingency Funds

Fixed Deposit

Fixed Deposit or popularly known as FD is not an Investment tool in Personal Finance dictionary. At the same time FD is one of the most popular saving scheme for all Indians. Personally, i never believed in comparison of different financial products like Fixed Deposit vs Debt Mutual Funds or Fixed Deposit vs Recurring Deposit. Each Financial Product is unique in nature and serves to particular segment of investors. Depending on the financial need, we can select particular Financial Product. … [Read more...]