It is often said that buying a home is the most important investment of your life and it is true for us everyone. You must work hard in order to earn and save enough for yourself and your family. After working and saving all those years, you definitely deserve a place for you to settle down your roots and even be free from the rents.
It was similar in the case of my family too. We are a family of four and as always my father is the only earning person. Note the emphasis on ‘as always’ because it is the reality in almost everyone’s life. Well, we were living in a rented 1BHK home in a small suburban location. It was a nice place to live if overlooked some cons about that town.
It was more than 20 years now and we finally decided to move out of this small town and find a place in a major city like Thane. We heard from people that Thane is a very awesome place to live as it was sort of a major hub. This city had plenty of job opportunities, a good transportation system, better utilities, and all the basic amenities in nearby neighbourhoods. After winding around for a couple of months and collecting enough information about the market conditions, locations, and different projects, we finally settled on the project of Godrej Emerald located just off of Ghodbunder Road in Thane West.
This project offers a well designed spacious 1.5-3BHK apartments. The apartments offer best in space, comfort, and quality in living. The project is well serviced by 3 hospitals, 3 great schools and 2 malls. The property itself is being developed with open spaces and greenery in mind with access to luxurious amenities such as a putting green, a zen garden and a forest trail. We were satisfied with what we found and it was the perfect place for us.
After finding us the best home, the next challenge was to accumulate the funds for its purchase. As the project was still in the development phase, we had some time to assess our financial situation. The plan was to take a home loan, add with the majority of my father’s savings and done! Well, that was our plan at first, but when we went to apply for a home loan, we found that my father wasn’t eligible for a bigger loan due to his age. He was in his late forties. Apart from his age, there wasn’t any other factor that became a hindrance for us get the loan.
So now we were in deep thoughts as to how we could figure out something that could ease our process of buying that home. I was looking over the internet for ways as to how we can get some sort of financial assistance. I wasn’t expecting much but what I found was more than everyone’s expectations. HomeCapital’s Down Payment Assistance Program helped us overcome the financial hurdle by providing us half of the down payment for our new home. The best part was, the house we bought was already listed under their offerings. With this, we were able to save some more for our family’s future. We were finally able to pay the down payment and also the home loan application was approved.
Our new home is still under construction and we are looking forward to moving in but we need to wait. However, we’re happy that HomeCapital helped us making our home buying journey a breeze.