Sep
28
Facts about down payment for loans
September 28, 2009 | Leave a Comment
You go for buying a house, and are not fully conversant with what all this means. There is a nice house that you are seeing in a metro, and it costs around Rs. 40 lakhs for you to buy this house. A lot of people do not have the money to buy such a house [...]
Sep
28
Personal Finance – Loan insurance
September 28, 2009 | Leave a Comment
Even though the trend of loan insurance is gaining in importance nowadays, there are a large number of people who are not aware of what loan insurance is, and why they should take loan insurance when they take a loan. So, what is loan insurance ?
Loan insurance is a safety valve you have when you [...]
Sep
27
Government preparing to force builders to provide more information
September 27, 2009 | Leave a Comment
Over a period of time, dealings in the property sector have been the woe of many investors. Except for the richer investors, or the very well informed buyer, other purchasers of property have always been at the receiving end of problems. Some of the problems that are typically found in property transactions are:
- The builder [...]
Sep
27
Builder asked to refund payment along with compensation for non-delivery of shop
September 27, 2009 | Leave a Comment
Part of the problem with the realty market is the total lop-sided nature of the market; buyers typically do not have much information about various aspects of a property:
- Whether the builder has the requisite permissions
- Whether the builder is totally in the clear
- What is the past record of the builder
- Does the builder [...]
Sep
9
Insurance regulator gets strict on orphan policies
September 9, 2009 | Leave a Comment
What are orphan insurance policies ? These are policies where the agent who sold these policies has shifter to another company, and the person who bought these policies no longer has an agent or an intermediary to help service them. This is a common problem in the life insurance business, since:
- An agent will do [...]
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