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Prepare your finances before buying a house
Apr 29, 2014
MUMBAI: Moving out of a rented apartment to one's own house is a dream that cuts across income groups. Besides, easy home loan offerings from financiers, including banks, have caught the fancy of many in recent years. However, the huge debt burden has also spelt doom for a large section of aspiring homebuyers, especially those who did not assess their financial ability to service a loan over the long term before taking the plunge.

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