ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

If you are buying a house, what would be the best type of decision to make when choosing which house to buy?

A	default decision
B	impulse decision
C	resistance decision
D	planned decision

Explanation:

Detailed explanation-1: -The three most important factors when buying a home are location, location, and location. Too often I hear people talking about making decisions based on the home itself, instead of the location, and that is a mistake.

Detailed explanation-2: -The Requirements Before Buying the Right Property. Financial Status of The Buyer. Check Developers Reputation & Goodwill Before Buying Right Property. Construction Quality of the Property. Carpet Area of the Property. Location & Neighbourhood of the Property. Connectivity from the Major Points. More items

Detailed explanation-3: -Roof Condition. Reliable HVAC. Plumbing Issues. Water Damage and Mold. Noise Level. A Good Foundation and Home Exterior. Outlets and Appliances That Actually Work. 26-Aug-2022

Detailed explanation-4: -Step 1: Save for the down payment. Step 2: Shop around for the best home loan rates. Step 3: Pick the right loan repayment tenure. Step 4: Make room for your EMIs in your budget. 31-Jan-2023

There is 1 question to complete.