Money-saving tips on buying a bungalow in Raipur
                     Money-Saving 
Tips  on Buying a 
 Bungalow in Raip
ur
A common practice for Raipurians today is to buy their own houses. The youngsters here have been  put 
under further pressure to buy their bungalows in Raipur by the government providing a nearly  high 
percentage of the purchase price and granting tax advantages to lenders. However, one should  not cave in 
to the pressure and buy a house.
The older people, until they retired and bought a house, they saved money and did not pay high-  interest 
rates. The only way to buy a property in Raipur is not to pay a lot of interest for 20 years.  You can try 
to save money and purchase the property when you have to take out a smaller loan. You  can save as much 
money as possible when buying bungalows in Raipur by following certain steps. All of these steps can 
potentially reduce the cost of buying a home before and during the purchase.
Choosing the right real estate agent
Using an experienced and dependable agent who is  
knowledgeable about the area can save you a lot of time  
and money. First-time buyers should hire a real estate  
agent who can guide them through the process and show  
them how they can save money. Residents, family, and  
friends can often refer you to good agents, or you can  
check out online real estate sites for recommendations.
Prepare a down payment of at least 20 percent
Down payments of 20% or more aren't always possible,  
but they can save you money in the long run. In addition  
to reducing your overall mortgage payment, a hefty down  
payment can also avoid you from having to obtain private  
mortgage insurance (PMI).
Improve your credit score before buying
You will pay lender fees and interest rates based on 
your credit score. If you improve your credit score 
before buying bungalows in Raipur, it could reduce 
your monthly mortgage payments. If your credit score 
is high, you're more likely to qualify for lower interest 
rates.
Winter is the best time to buy
Spring and summer are the most expensive months to  
purchase bungalows in Raipur because many consumers  
buy homes during this time. You may save some money if  
you buy a house in winter.
Whenever possible, negotiate closing 
costs
When you pay all the closing costs yourself, they can get  
quite expensive. In addition to attorney fees and interest,  
lenders charge title fees and appraisers charge appraisal  
fees. These fees can usually be negotiated. Ask the seller  to 
pay a portion of your closing costs, or even all of them.
Look into a shorter-term loan
Choosing the right mortgage for your needs is important  
when purchasing a home. Longer-term mortgages such  as 
20- and 30-year loans may result in lower monthly  
payments, but they are associated with higher interest  
payments. When the loan term is shorter, the total  interest 
may be lower. As a result, you may have to pay  more 
every month, but you will also pay less interest,  which 
may save you money in the long run.
We all dream of owning a home one day. Whenever we have enough money to fund one of the  largest 
purchases in our lives, we decide to jump into the real estate market. Peers often pressure  one into 
making this decision without giving it enough thought. A  purchase can go sour in such  circumstances, 
and one may feel that their investment was worthless. The Avinash Group is a  highly professional 
real estate firm that has gone out of its way to assist first-time buyers in finding  the right home. As a 
first-time buyer, you will come across many challenges which we have  addressed nicely, and we are 
ready to help you with the minutest detail that will make your journey  with us wonderful. You will 
feel confident dealing with us when you are buying your first bungalow in Raipur and recommend 
others to do the same.
To get further information about our residential  
properties in Raipur, or to make a booking, please 
contact  us at the following address:
Maruti Business Park, G.E. Road, Raipur - 
492001 (C.G)  Please call +  91-771-4033425 / 
4024425 / 4095025
www.avinashgroup.com