To have Clean and Clear Property Title ensure that the documentation is done in a proper manner

In cities like Mumbai, Thane, Navi-Mumbai, Pune etc., where the property prices have Sky rocketed, it is very important that you should examine the titles deeds of the property very carefully and the most important part is the drafting of Agreement of Sale & other documentation.

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A Home buyer's Simple Guide to Short-List a Financing Option

Buying a home is one of the most important decisions a person makes in his life. Weeks, months and sometimes even years are spent searching for that Dream House that a person would like to call a Home.

It is a very important decision not only because of the emotional value attached to it but also due to the enormous financial impact that this decision has on one's life.

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Some of the Important Documents Required for Home Loans

Below are the lists of some of the Important documents required for availing Home Loans by various business and Individual Class.

Salaried Individuals

1.       Salary slip/Form 16 A.

2.  A photocopy of the first and last pages of Ration card or copy of PAN/Telephone/Electricity bills.

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Some of Standard Amenities which the Builders have to provide

Some of Standard Amenities which the Builders have to provide are explained below by Adv. R. P. Rathod.

List of amenities: Some Builders or Developers offer or promise list of amenities for apartment you are buying such as playground, lift, swimming pool etc. After completion of construction, buyers or investors find that Builder has not provided all amenities as per promised or agreed. Check your agreement to see the list of amenities and make sure each one is provided as per specification.

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Document checklist before buying a Property

The job is not over till the paper work is done in a proper manner. There are several documents required while buying a home, either a new one or a resale flat. The fact is, there is no getting away from the paperwork.

When buying a flat directly from a builder, you will need to deposit the documents with the finance company that will issue the loan.

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