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Archive for May, 2010

How to decide between a fixed interest and floating interest rate home loan – some tips and pointers

Now that you have decided that you need to take a home loan to buy your dream house, the next query is about selecting the bank from which to take a loan, as well as whether you should go in for a fixed vs. floating interest home loan. I have some friends who have taken [...]

Steps to ensure that you have completed the checklist for applying for a home loan

In most cases, when you are looking to buy a house, you would be looking at getting a home loan (there are few normal middle class folks who can buy a house on cash); and to get a home loan, even though a bank says that it is very easy, there are steps to be [...]

Planning on selling your house ? Ensure that you have all your documents in order

There are enough occasions in life when you have to sell your house (independent house or flat). It could be a distress sale (when you need the money), you could be doing speculation and the house made money for you in the sale, you could be moving to a new location, etc or many other [...]

Treatment of tax – Selling a new house and buying a new house – what happens to the capital gains?

It is a fairly common issue, where a person sells an old house and buys a new house. This can be done when a person is investing in real estate, it happens when a person finds that the old house they have is not big enough for their family, or when they need to move [...]

Insurance company cannot modify clauses in the insurance policy on their own, rules Consumer Redressal Forum

When you take an insurance company and have it for a number of years, I wonder how many of you actually go through the correspondence you have with the insurance company (especially when they modify some of the conditions of the insurance policy and expect that you will have to abide by these conditions). Well, [...]



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