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I have singled out an independent house in my hometown which I'm planning to buy soon. However, the house is near a lake and the owner tells me the mutation on the property is closed as of now, but is expected to open in another month or so. Since I have limited vacation time and the property may have more interested buyers, I would want to close this deal out soon.
Can you guys advise if this would be a good move to go ahead and buy the property, given the property will get registered under my name, but the mutation not done and assuming mutation of this property closed for probably an indefinite period. I'm going to finance 80% of the property via home loan.
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- 7 years ago
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