1.Good news is likely to ring for first time house buyers as Indian govt is contemplating giving cheaper loans to first time house buyers.
2.So if you are a first time house buyer and seeking loan first time, then chances are that you may get a home loan at a cheaper rate say 1-2 percentage points lower than individuals applying for a loan for a second house.
3.It is being presumed that a second time house buyer is doing so for the sole purpose of speculation and thus will keep real estate price bubble at bay.So if you are a second time home loan seeker be ready to pay a higher price or jump fast before this proposal is fully implemented.
Monday 9 July, 2007
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This blog is a personal blog written and edited by me. For questions about this blog, please contact me.
This blog accepts forms of cash advertising, sponsorship, paid insertions or other forms of compensation.
This blog abides by word of mouth marketing standards. We believe in honesty of relationship, opinion and identity. The compensation received may influence the advertising content, topics or posts made in this blog. The owner(s) of this blog is compensated to provide opinion on products, services, websites and various other topics. Even though the owner(s) of this blog receives compensation for our posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products. Every effort is made to make the sponsored post identifiable but at times due to advertisers restrictions the same may not be feasible all the time.The views and opinions expressed on this blog are purely the bloggers' own. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question.
The owner(s) of this blog would like to disclose the following existing relationships. I have a interest in real estate field which may influence the style of writing.
