You need to mortgage your property to apply for Loan against Property. Maps are crucially important document provided by authorities. Banks usually don’t offer loan against property without a map. It is no shock that the bank would want to mortgage a property. It is their way of ensuring safety. In India, it is not a shocker if properties come up with no maps. There are plenty of them that have no map. Addressing the
June 7, 2019
Do’s and Dont’s of Applying for a Mortgage
A mortgage is essentially a loan which is taken to purchase property or land. The minimum time of the loan is 25 years but these can be shorter or extended as per the particular demand and need. The loan is secured under the property that you provide as collateral unless the whole amount is paid off. There are some prerequisites that you must consider before applying for a mortgage. Here are some of the things
When you decide on opting for a loan, there are some factors that will help you determine if you need a certain type of loan or not. There are two types of loans, Secured and Unsecured Loans. An unsecured loan is a type of loan which issued and provided only if the borrower is worthy of taking credit. This particular loan type doesn’t require you to use any collateral as an asset. The terms of
May 31, 2019
An Overview on Small Business Funding
You may be new to the world of Small Business funding, with little or no knowledge of availing a fund in business but the wish to explore options. Here is a comprehensive guide to help you understand and work upon the right funding options in the right way. Small Business Funding Challenges Small business owners are often bogged by various challenges, some of which catch them off-guard. From hiring employees to paying them their deserved
The property which isn’t part of the city’s master plan is called ‘an unapproved property’. Unapproved properties can’t be bought or sold with ease. It is because of the lack of legal and clear documents that lending partners refrain from indulging in any dealings on the property. Delhi NCR area witnesses plethora of unapproved colony or areas. Generally, these unapproved colonies or areas share an efficient connection with the urban cities of Delhi & NCR.