Real Estate Finance

Buying house in a bank auction? Take care of additional costs

Written by Jayanta Monday, 22 April 2013

( 0 Votes )With the zooming real estate prices showing no sign of hitting a speed bump, many prospective buyers have begun to tap another avenue to buy cheap houses—auction properties. Though it’s not a common practice, banks auction the houses that they foreclose. What makes them attractive is that their selling price is usually advertised as being 1...

Pay rent as EMI and then own Hudco house

Written by Jayanta Monday, 15 April 2013

( 0 Votes )Source: By: Ajith Athrady Publish: 8-April-2013...

Managing EMIs with uncertain cash flows

Written by Jayanta Thursday, 11 April 2013

( 0 Votes )Imagine a person who has taken a home loan for Rs 30 lakh, but suddenly meets with an accident resulting in a temporary disablement? He is unable to continue working and so there is a break in his income. He has not taken a personal accident insurance, and as a result is not compensated for this accident. He is not sure when he will start working...

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