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Thursday 27 December, 2007

Hidden Charges while Buying Houses

One has closed a neat deal but may have had forgottn a few expenditures in excitement which are listed below:

1. Party
2. Home loan insurance
3. Registeration charges.
4. Development Charges.
5. Renovation of house.
6. Repairs.
7. Buyer-seller agreements cost
8. Statutory Clearances.

If one is ready to take the posession of the house than one must have an additional 15% of the value of the house to cater for above listed expenditures and of course the unseen expenditures.

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