Yes, Your Communication Skills Can Fetch You A Great Home Loan Deal

This childhood memory haunts many of us. Despite knowing the answer to a question that the teacher had dished our way, we would not be able to answer it. In our attempt to put our point across we would reach a point where we would start looking stupid, much to the amusement of the class. The class would not be without those students who were gifted with a great speech. Even if they answered only parts of the question correctly, they could dazzle the teacher with their vocabulary and style of delivery, igniting much awe in the teacher and a great deal of disappointment among not-so-gifted orators. Even as small children, we were made aware of the power of talking. As we grew old, the realisation only gained deeper ground.

Apart from making your life easier, good communication skills would be of great help when you decide to be a home owner. Hang on! We are not referring to you striking a better deal by haggling with the seller or the broker here. It is already understood that you have managed to work things in your favour already in the regard. Now is the time to use your skill to get a better deal from the bank, too, where you have submitted a home-loan application.

Most of you might react with — how is that possible? Banks have preset rules which they strictly follow. All applicants are treated equally, irrespective of their skill sets. In serious matters relating to high-value investments, softer skills may lose their impact. To a great extent, you are right. However, you do have an advantage over other in case you are a persuasive speaker who can assure the banks you happen to be a zero-risk prospect.

Here are some tips:

While using the power of your talking, however, do be mindful of the fact that:

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