Pay more to pay less

“Gather the sorted pieces, bind them, and insure before it expires.”

Humans are bound to be borrowers and lenders, where the former is a liability and the latter brings you an asset. Now, for one to own a house, right at this juncture where even inflation is not spotted from the crowd, it’s really a herculean task. Spending major part of our own money on our house would be dangerous. Government and private institutions have framed certain procedures to borrow money from them and return it to them within a certain period of time. They call it as ‘HOME LOAN”.

In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc. The recipient (i.e. the borrower) incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed. All these are made with a document called a PROMISSORY NOTE and is used as evidence.

Home loan is a loan granted by the financial institutions to make things easy for us to afford a house of our dreams. Though home loan seems to be a bigger responsibility that’s placed on our shoulders, it still has its own merits. Funding a home purchase through home loan entails several tax benefits, it helps in maintaining cash for emergency purposes, provides a platform to design a house of our dreams and it helps to improve our creditworthiness too. A popular saying in the investment business is-

“Don’t put all your eggs in one basket”.

Real estate is a major investment, so when you pay for a home in full, a huge sum gets locked-in. This is why experts advise one to carefully assess the funds and find ways in which they can be best utilized. Though real estate investment is fruitful, it still won’t give you the same returns as investment in other ventures such as stocks or bonds or mutual funds. So, instead of locking in your money for a long time, optimize your returns by diversifying your investment portfolio and get quicker results.

“Protect the Protector before Protection runs out.”

Insurance is a thing that provides protection against a possible eventuality. Home loan insurance is an additional security added to your loan. In case of any emergency or failure of your home loan, this insurance will lend a helping hand to clear your losses. Staying with precaution is better than drafting solutions at the end.

Nest Habitations Developers Pvt Ltd is an organization which has developed safe and secure homes for all those nature-lovers and seekers of dream houses. HAIKU which refers to a bird’s nest is a dream project of Nest Habitations Developers Pvt Ltd, who has framed their frameworks friendly to their customers. Hence, HAIKU offers home protection and an extra protection for the protector. Come be a part of this exciting journey, for staying secure is the ultimate goal in the end.