In the midst of all the turmoil in the family - over SSS claims, over conjugal properties, over siblings bickering, over one sibling - Pitt- playing the game for both sides (Auntie Insurance and Caregiver Lady)and over a lot more issues..... Caregiver Ladyfinally moves out of her previous residence and got a new one near her current place of work.
How was she able to get a new home? Easy. She applied for a home owner loan and was approved! Though there is some skepticism there from Toklang.
Since she heard from her employers that home loans are recent craze in the loan market these days, she tried her luck. Knowing Caregiver Lady, home constitutes as the largest asset that usually adults have. While purchasing a home, she knows she needs to come up with a very huge amount of money. From her experience with the mortgages of Tatay Ruby and Auntie Insurance before, she knows that some people are likely to face problems, paying out the whole money together for the house, while some can’t even afford to invest money for the home of their choice.
With home owner loan, this surely does help her meager funds to have a home of her choice and at a fantastic location too!
Indeed, home owner loan has made the life of a lot of buyers very easy. But Caregiver Lady was extra careful when she applied for her home owner loan. She first made a thorough research of the prevailing interest rates in the market, and since she thinks she can afford it, she then went through with her home owner loan.
While going for Caregiver Lady's home owner loan, she took care of the other various aspects relating to the home loan. Before going for a home loan, she decided on the principal amount that she is going to borrow as a home loan so she would not end up paying more interest for the amount that she had borrowed unnecessarily. She also considered the interest factor associated with the home loan.
Interest is an unwanted burden that comes attached with the home loan. Interest is the extra amount that the borrowers have to pay, for taking the loan from the lender. Bearing in mind that she should take a loan which carries the lowest interest rates. For this, she made a complete research of the prevailing interest rates in the markets so that she does not get cheated by the home loan lenders.
Now that is her latest achievement and she is so happy with it!
No comments:
Post a Comment