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Dear Sirs,

 

> I am sorry for again bothering you and writing for

> help on this forum. I was in a dilemma for a long time

> and hence thought will take help from people who are

> knowledgeable.

>

> I will tell you that last 3 years I am living with my

> whole family in Bangalore and living in a rented

> house. May father also shifted last here permanenetly

> as he found some small time business. My 2 sisters are

> there and mother is no longer in this world.

>

> After demise of mother my father wanted to change

> house as it was a bit far from his shop and we found

> rental apartments close to his shop then the rentals

> are very high. Also, we have been thinking of buying a

> flat but as i dont have enough cash for down payment

> etc i was not able to decide. Pls guide us now :

>

> 1. When I'll be able to buy a flat?

>

> 2. Is this the right time?

>

> 3. I have hinted my father to help with downpayment

> and I can take care of Loan EMI part. But I think he

> is also not having enough.

>

> 4. Should we move into another rented apartment of

> higher rent?

>

> 5. Even if we plan to buy then it can be far from

> father shop as near to his shop houses are not

> afordable.

>

> What should we do? pls guide us keeping long term view

> in mind considering whether we weill be able to settle

> etc.

>

> Pls guide me gurujis.

>

> Thanks & Regards,

>

> JIM

>

> 10th July 1978

> 19.31

> Maunath Bhanjan ( 25.57n, 83.33E)

>

>

>

>

>

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