Financial Assistance

Home Loan & Balance Transfer

Let us show you how we can be your real estate financing company and also your home loan finance company. Any Real Estate decision such as buying, building, or restoration involves a substantial financial investment and often creates a need for Financial Assistance services. In our endeavour to be your Bank for Real Estate which includes being your real estate finance and investing consultant. We at Indiassetz extend real estate finance and investment Assistance through our tie-ups with Banks to facilitate your investment decisions.

What it includes

Coordination with Banks

Advisory

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India & US Tax Planning

As a part of our services, we also represent you as your real estate finance company and thus it is our responsibility to inform you that high property values make Tax consideration an important factor in Real Estate decisions. Additionally, as Tax varies based on various factors such as jurisdiction, property type, and property area, Tax Advisory from experts is important. We play the role of your financial assistance company

And manage all Tax needs from property Tax payments, and capital gains reinvestment, to Tax planning in large development projects.

What it includes

Tax Filing and Compliance (incl. FATCA)

Personal and Corporate Bookkeeping

Audit Representations (IRS and Income Tax Department)

Audit with IFRS Standards and GAAP

Expatriation Assistance (15 CA/CB)

Employee Relocation Services (Negotiation and Formulation of Contracts)

Gifts and Planning related to Real Estate

Corporate, Trust, and LLC set up in USA and India

FAQs

• What documents are required to avail a Home Loan?

  "The applicant and the co-applicant would need to provide the following documents:

  Identity proof

  Residence proof

  Salary slips - last 3 months

  Bank statements - last 6 months

  Passport-sized photograph - 2 copies

  Form 16

  Property documents

  Receipts for an initial down payment

  This is just an indicative list. More documents can be requested by the specific bank the applicant is applying at."

• I have an outstanding loan on my property, can I still sell my property?

  Yes, it is possible as long there is consent of the lender and the buyer. When your property is under debt and the buyer is interested in going ahead, you would need to inform your lender about your intention to sell the property. The lender would then need to issue a letter of the outstanding loan, which would also act towards the ownership of the property.

• What happens one is unable to pay a Home Loan?

  If you miss an EMI, you may be charged late fees or penalties in addition to seeing a drop in your credit score. However, consecutively defaulting on loan payments for three months may lead to your account being declared an NPA or a Non-Performing Asset. This means that the lender is unable to generate any income from the loan and can take subsequent steps to recover the money. They can take over your property and auction it, liquidate the assets promised as collateral, or take other necessary legal actions.

• Who can be a personal guarantee for your Home Loan?

  A home loan financial guarantor is someone who agrees to be responsible for the borrower throughout the home loan tenure. If the borrower defaults, the guarantor steps in to continue the payment. The guarantor should be known to the applicant but they must not be a co-applicant of the loan or belong to a caution profile.

• Are NRIs liable for Taxes on income in India?

  Income earned by an NRI abroad is not taxable in India. However, an NRI would have to file a tax return if there is income generated in India through capital gains from investments such as shares, mutual funds, or property.

• Do you help with Tax Planning for individuals and companies?

  Yes, we do help in Tax Planning for individuals and as well as companies

We manage your Real Estate,

Totally and Completely

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