The maiden experience of buying a home can be nerve-racking; which is why Jos Alukkas Properties has put together a few guidelines.
Financial Planning – Proper financial planning lies at the crux of realising your first home dreams. Closely examine your current financial obligations such as life insurance, vehicle or student loans etc. and any other commitments, besides household budget that could have an impact on your finances towards the home. Shortlist on the bank that will give you the best home loan offers; don’t forget to read between the lines. Plan your EMIs—in fact, keep at least 4-5 EMI amounts aside in a reserve fund just in case there are unforeseen circumstances like loss of employment
Financial Planning – Proper financial planning lies at the crux of realising your first home dreams. Closely examine your current financial obligations such as life insurance, vehicle or student loans etc. and any other commitments, besides household budget that could have an impact on your finances towards the home. Shortlist on the bank that will give you the best home loan offers; don’t forget to read between the lines. Plan your EMIs—in fact, keep at least 4-5 EMI amounts aside in a reserve fund just in case there are unforeseen circumstances like loss of employment
