Owning a house

[Mirch]

Re: Owning a house

@X2

so what is the real difference between guidance financial’s ‘utility’ fees vs interest.
how is it calculated?

and in this joint ownership model, if people who were underwater on their home value vs purchase price, and sold it, was the loss distributed between the two parties as well?

1. There is no difference one is called Bhagat Ram the other one has been named Allah Ditta. The Genetic makeup is same.
   2.No the so called home owner had to take the loss. Father of Allah Ditta i.e so called Islamic Finance company still does not have to share loss on the market value of the home.