The new rules of real estate
August 4, 2007
The real estate saga of confusion continues. Should you buy a house or wait till interest rates dip? Will the house you invested in two years ago get a better price in the coming months or do you cash out now? Is it smart to pre-pay the home loan? While answers to these questions remain elusive, some new ones have cropped up. Should you sell your home whose value may have peaked and relocate? Should you cash in on the mall mania by plunging into commercial property?
One would expect the foggy property mart to keep away all—sellers, buyers or borrowers, let alone evolve newer dilemmas. But it has. That’s real estate for you. As someone owning a house, paying rent, investing in a suburban cottage or finishing off the last of the EMIs, you just can’t bypass it. More reports