How to Plan the Budget Before Purchasing your Dream Home_converted_by_abcdpdf

1. How to Plan the Budget Before Purchasingyour DreamHome?

2. No matter where you fall on thespectrumofaffordability, it is important for you to chalkouttheloanamountas wellasyourotherexpenses. Someofthefactorsyouneed to add to your checklist as homebudgeting Howthatisrelevanttoyour HomeBudgets?

3. Donotgetexcitedwhen you get low amounts of EMIs. Remember, the more you payasdownpaymentand closing costs, the lesser is thelifeofyourloan. DownPayment

4. CIBILscoreiscalculatedin youravailingofaloan,and/or credit card and your repaymenthabits. Focusontimelyclearance ofEMIs,nomatterhow big or small the amount is. CIBILscore

5. Gettingyourbank's approval is a crucial step intheprocessofbuyinga homeforyourself. Property tax is another importantexpensethat manybuyerstrendto overlook. ExpensesapartfromtheMortgage

6. Determiningyour affordabilityisthesize oftheproperty. Consideritssizeand condition. A big house does not necessarily mean a smartpurchaseoption. Goforapropertyyoucanhandleeasily

7. Themonthsbetween OctoberandDecemberare thebesttobuyproperty. Lookoutforthefestive months as banks and lendinginstitutions offer discounts and lowerinterestrateson homeloans. WaitfortheBestHomeLoanRates

8. Once you figure out the payment plan and your budget,bepatientwithyour purchase. Buying a house might be the singlelargestpurchaseinyour life,don'trushit. Pictureyourselflivingthere for the next four-five years atleast. BepatientwhenlookingforaHouse

9. Ahomeinspectionwillreveal faults and problems in the property. You will have a checklist of thingstobedonebeforeyou movein. Budgetingbeforebuyinga houseiscrucialandshouldnot beskipped. Prepareyourselfforthe big purchase of your dreams! ConsiderHomeInspection

10. sales@tvh.in 9176927000 www.tvh.in ContactUs!

11. ThankYou!