Everything-Real Estate

Self-employed businessmen and entrepreneurs assume that getting a home loan from banks and financial institutions is easy as a peach. With income statements, lenders cannot ascertain that the same pattern will follow in the future. And because of the same, profit to the businesses is not the only factor that banks look at while evaluating the financial prominence. To arrive at a clear image of the financial prominence, lenders also look at other key factors involving ratios. For a businessmen or self-employed entrepreneurs, this knowledge about the way in which banks assess and arrive at those ratios is vital. This article elaborates the 3 most important financial ratios that the banks evaluate. DSCR which expands as Debt Service Coverage Ratio: For people who run businesses, the banks evaluate the DSCR or Debt Service Coverage Ratio. This ratio identifies the ability of the borrower to repay the loan. With this ratio, the lenders can find out the profit in cash that is a

In India, rental values of properties are going one way and that is up. This is felt as a major burden for middle-class families who stay as tenants. Along with other obligations at home, tenants see the rental increase as a potential threat to their financial abilities. Usually, owners in various cities across the country, increase the rent of a property by up to 10% each year. But this margin can be negotiated if the tenant is well aware and smart in dealing with people.   Legally, the landlord has the right to revise the rent with proper notice delivered to the tenant according to the Transfer of the Property Act 1882, section 106. Still, as a tenant, you can induce a negotiation process without disrupting the relationship with the owner. Here are some tips on how to negotiate with a homeowner for raise in monthly rentals: Be aware: As a tenant, you should know about the average rental values in the locality. Talk to people in the neighbourhood, or just browse online i

A house turns into a home only after it is adapted and transformed to exude the taste and expression of the people living in it. While personalizing the same, people tend to style it with many approaches, spiritual and aesthetical. Practices of Feng Shui and Vastu are incorporated into the space to enhance the energy revolving around the place. With this trend catching up, people are open to experimentation and they look to improve the energy of the living space for a better life, career, health, and relationship. In Feng Shui, “Chi” is the energy that they try to attract and the orientations of home elements focus only on concentrating this energy into the home. We tend to create a space that is alluring to look at and we ignore the importance of attracting positive energy and repelling the bad ones. Our planning efforts are focussed only on the aesthetical aspects and the spiritual aspect is seldom considered for attention. In this article, let us look at the common mis