Buy vs. Rent

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By ResidenceBuy India | 0 comments | 1871 views | Feb 23 2012

Before buying a house this is the most important choice you face. Depending on your circumstances either renting or buying may be the best choice for you. See our chart below for pros and cons for renting and buying. If you decide to buy then continue below.

Renting

Buying

Pros

Move when you wish

No initial capital requirement

Protected frommarket downturn

No maintenance worry

No recurring fee(i.e. insurance)

Living your dream

Build equity

Capital gain in a rising housing market

Tax benefits

Cons

Paid rent doesn't yield return

Vulnerable to future rent increase

Abide by landlord's policy

Down payment is a big financial outlay

Less flexibility if you need to move fast

Equity loss in a declining housing market

Buying Guide

Shortlist properties

Shortlist properties: Now that you are ready to go, here are some key facts to keep in mind:

Buying Guide

Home buyers tips on mortgage

As a homebuyer you are bombarded with a Niagara of information. Here we distill it for you so that it makes sense.

Selling Guide

Tips for builders for new real estate projects

Key prerequisites: Make sure that you have all the legal documents ready and all the govt. regulations fulfilled before the project starts. Otherwise the project can be mired in long legal

Selling Guide

Final Check List

Get documents ready before you selling. Read more for detail requirements from Govt. of India

NRI Guide

Risk associated with real estate investment

Economic risk associated with real estate investment by NRI: NRI faces multiple risk in term of investment in india. Here we will explore some of the risks assosiated with real estate investment in india.

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We are an all-in-one Indian real estate portal that provides useful information to simplify the process of buying and selling homes. We provide most up to date advice on existing and future opportunities in the local property market.

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Buy vs. Rent

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