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Home Buying Myths Busted- Real Estate

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Purchasing a home is the biggest investment you ever make in your lifetime. But, while making a purchase, one gets indulged with various myths associated with home buying. These myths and misconceptions can lead to wrong decisions for your lifetime. Before investing in your dream home, please clear the misconceptions mentioned below. ·          A rented home is better than own one This is one of the biggest myths that come around while one is thinking about buying a new home. Today's generation believes that rented apartments are more affordable as compared to owning a home. The rent amount will always be less than the EMI of the home loan. But, the reality is that real estate investment is one of the biggest assets in the current time.    ·          It is wise to make investments in the metro cities Investing in the metro cities comes with several advantages but the investment cost will always be higher on the one made in metro cities as compared to Tier-2 and tier-3 citi