You shouldn't take lightly the decision to buy a home. This is most likely the most expensive purchase you will ever make, and most homeowners live in their home for at least 10 and more years. It is crucial to be aware of what to do and not do when house hunting.
Don't Borrow More Than You Can Afford
Lenders base lending decisions on your ability to borrow. But just because you are able to borrow INR 50,00,000 does not mean you should purchase a home worth INR 50,00,000! You should instead consider your budget and only borrow the amount you can afford to repay. You must also account for insurance and property taxes in addition to interest and principle payments.
Do you want to inspect a house before closing?
There's no reason to not spend the INR 5000 required to inspect your home. Inspections may uncover potential problems with the property, such as mold, a leaky roof or pest problems. These issues may n
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