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5 Things To Do When Closing a Home Loan

  We list a few important things that borrowers should do when they close their loan, to prevent any chance of conflict and confusion in the future Borrowers always feel a sense of relief, when they close their home loans, after months and years of paying the EMIs. At this stage, although one may feel carefree, there are several checks that you must perform, before you sit back and relax. Things to do after closing Home Loan obtain a no-dues certificate, stating that there are no further dues against your name. Take back the original property documents that you had submitted to the bank, while availing of the loan. Ensure that any lien against the property, created by the bank, is terminated. Obtain an encumbrance certificate from the sub-registrars office, stating that there is no further liability or debt against the property Ensure that the credit report has been updated,to reflect the closure of the loan. 1. Get hold of a no-dues certificate As soon as you repay your home loan, ens
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Lucky Plants For the Home

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  January, 2022 We list some plants that home owners can grow, which, according to Vastu Shastra and Feng Shui are believed to bring good luck, harmony and prosperity Plants are crucial in channeling the natural flow of positive energy. They also purify the environment by absorbing carbon dioxide and provide relief from stress. “Plants dispel the stagnant and stale energies from the home. They subconsciously connect us to the colour green, which has therapeutic qualities. According to Vastu Shastra, healthy growing plants placed in the right directions, enhance the ability to attract abundance into one’s life and improve relationships,” says Nitien Parmar of Vastu Plus, Mumbai. Plants that bring good luck, harmony and prosperity Tulsi According to Vastu shastra, one of the most powerful, sacred and auspicious plants that enhances positivity at home, is the Tulsi or holy basil. “This shrub, which has great medicinal value, can purify the atmosphere and keep mosquitoes away. Tulsi can be
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Key Legal Checklist For Buying A Property

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  January, 2022 What is the basic legal due diligence that a property buyer must do, to safeguard one’s investment and ensure clear title to the property? We explain… Property investments are highly capital intensive and any mistake made during the process, can cause a great deal of trouble for the buyer. This makes it imperative for a buyer to exercise due caution while examining the property documents. Interestingly, land might be a physical asset but who it belongs to, cannot be merely proven by a claim of ownership – the same must be validated by several documents that prove the ownership status of the property. With proper legal advice, scrutiny of documents and verification of relevant information pertaining to the property, the buyer can ensure that the investment brings peace of mind and a sense of security. In this article, we talk at length about the documents a buyer has to seek and examine before he is ready to sign a deal. 1. Property documents checklist It is a settled le
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First-Time Homebuyer’s Guide - Everything you need to know

  Buying a home can be challenging for a first-timer. After all, there are so many steps, tasks, and requirements, and you may be anxious about making an expensive mistake. But first-time homebuyers actually enjoy some special advantages created to encourage new entrants into the real estate market. To demystify the process so you get the most out of your purchase, here is a rundown of what you need to consider before you buy and what you can expect from the buying process itself, plus tips to make life easier after you buy your first home. Key Takeaways First-time homebuyers, as defined by the  U.S. Department of Housing and Urban Development (HUD) , can get help from state programs, tax breaks, and federally backed loans. Before you begin looking, consider the type of residence that will serve your needs, what you can afford, how much financing you can secure, and who will help you conduct your search. Buying a home involves finding the property, securing financing, making an offer,
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