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Aug 19, 2011, 03.44 PM IST
SO you've been thinking of moving to your 'own' home. And what's that you say, 'You have no clue where to begin?'. This start-up-kit will do just that - help you begin.
Step 1: Where to buy?
Today, young professionals are more mobile than ever. They move to where they get a job, or where their job requires them to. This does not meant that they should buy a house where they are working – rather, they would want to do so in their hometown or a city of their choice.
“Most young, well-educated professionals are likely to be doing short stints in several cities. The most important parameter when buying the first home should be ‘Is this the city I want to live in?’” advices Devang Shah, MBA (IIM Ahmedabad), CFPR (U.S.A. & India) Right Returns Financial Planning.
Harsh Roongta, CEO, Apna Loan.com comments, “Do not buy a home until you want to live in it. For a young person, the hassles or renting out a home are too many. For investment purposes there are many more attractive avenues”
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