home Loans

talkloan (Other) (40 Points)

03 March 2009

why loans are so required? well, this is a big question and i will welcome expert's suggestions. Home Loans

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5 Replies

Mukund (Accountant - Consultant) (310 Points)
Replied 03 March 2009

home loan for sweet home no problem just pay & get it

KoolCapricorn (Student) (600 Points)
Replied 03 March 2009

bcoz all cant afford lumpsum pmt always

sandip bhogayta (manager - taxation) (65 Points)
Replied 03 March 2009

ONLY FOR GETTING BENIFIT OF TAX NOTHING MORE BENEFIT FOR TAKING HOME LOAN I ADVISE U IF U HAVE ENOUGH RESERVE MONEY THEN PLZ NOT TAKE A HOME LOAN,.

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 03 March 2009

Hi Sandip, It can be a tax saving plan. Though yu have enough liquidity!!

The only care that you need to do is dont make default in repayment.

Rajeev Nair (Finance Professional) (510 Points)
Replied 03 March 2009

" LIQUIDITY " or " RESERVE " - well, in today's Real Estate Market i think that, it is next to impossible to have a home without home loan...

Obviously i am not talking about manufacturer's of " BLACK MONEY "

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