Confused about is this is
the right age to buy your new home. Actually, there isn’t a right age to buy a
new home. Its all depends on your financial stability and some other factors
such as willingness to stay in the city etc. Your status as a homeowner may
help or hurt you financially in the future, so you should take the decision
intelligently.
It is recommended to buy
a new home, apartments in Trivandrum, when you
1. Can afford the minimum down payment of 20%
of the total cost of the property
2. Can get approved for a
home loan at a low-interest rate
3. Have a good CIBIL score
4. Can afford to pay the
monthly EMIs
5. Can afford the risk
associated with the real estate investment
Buying a new home is an
expensive and tedious process, so you should do proper research on the property
features and market trends before making the investment.
At your young ages, if
you have a job of good salary then you have many years of active professional
life ahead of them. Then you have an ample amount of time to pay back the EMI
on the home loan.
Heather Homes, one of the
trusted brands in real estate builders in Trivandrum offers premium quality flats in Trivandrum laden with most modern amenities and facilities.
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