Buying a plot? Pay more but get less

•Buying a plot, pay more but get less

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Planning to buy a plot instead of an apartment? Get this: You will get only a small percentage of the cost as loan as compared with what you get for an apartment, says a Mint report today. For example, when you buy an apartment, you get 80-85 percent of the total cost as loan, but when you go for a plot, it comes to only up to 70 percent (depending on your income and expenses). So what’s the way out? Find out here.

•Take online help in your house hunt

Looking for a house can be a painful experience. Many people find the entire process too much too handle. And why not? After doing the homework, legal work, studying the market the legal hassles can wear anyone out. But don’t’ worry as things are slowly changing, points out an article in the Economic Times. After online banking, and the use of the internet to buy flight tickets, the e-bug it seems has spread its tentacles to the real estate industry. Many portals today offer individuals the opportunity to find property at the click of a finger. So will these sites replace real time estate agents? We’ll find out here.

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•Investors can exit without load when a fund houses changes hands

The recent events about Fidelity India Fund Management announcing that it may sell its India business has got a lot of customers worried. If you are one of those million-odd customers who has an account with them, then this article by the Business Standard will help set things in perspective. However, one does not have to worry too much. Generally in such cases investors are provided with an exit option by market regulator Sebi as investors are intimated by the fund house explaining the changes that will occur post the take over. For example, when Goldman Sachs took over Benchmark, investors who wanted to redeem units were given a certain time duration to do so. Read more here.

•Delay in phone bill payments may hurt credit scores

Are you the kind who does not pay bills on time? Well tough luck buddy because things are not looking in your favor. The next time you delay or don’t pay your bill, you may have to deal with more than just a call from your service provider. This can now affect your credit score and mar your chances of getting loans from banks, says Business Standard today. While it is at the preliminary stage, you should start familiarizing yourself with these issues and its impact as a credit limit is similar to a spending limit on credit cards. Understand how this works here.