It might be difficult for some people to purchase their ideal home or investment property. Foreigners and first-time homebuyers in Singapore should be extra cautious. There are numerous considerations to be made.
At least two mortgage lenders should be consulted by any prospective homebuyer before they even begin looking at properties. A mortgage banker can help you determine your loan quantum, or how much money you’re qualified to borrow. There will be information on the different loan options and how to apply for a loan as well.
Knowing how much money you’ll be able to borrow can help you narrow down the properties you’ll be looking at, at least in terms of pricing. Obtaining a “approval in principle” from a bank is highly recommended. This will protect you from having to deposit the option money for a property just to find out that you can’t secure a loan from the bank.
Make an offer as soon as you see something you like. When buyers discover that their preferred home has already been sold due to a little delay in submitting their offer, they are often disappointed. That is the right choice if you adore the property. Waiting for somebody else to move into your home is a waste of your time and money.
It is possible to customize anything you see in the house. Don’t be put off by the yelow wall in your ideal house. Consider whether the house’s layout works for you before you buy it.
– Is selling the best option for me?
– What price can my home fetch in 2022?
– How am i going to market my home to get the best price?
– What are my home buyer’s challenges?
– How do i choose a new home? Best location? What about pricing?
– I’m unsure about mortgage loan applications!
– Myth #1: hdb flat is an investment property
– Myth #2: i must use my cpf when buying a property because it is otherwise doing nothing.
– Myth #3: i see a lot of “sell one buy two” ads. this seems like the way to go.
– Myth #4: i already own a freehold property. life is good.
– Myth #5: resale properties are better than new launches for investment.
– Myth #6: the more expensive the property, the greater the profit.
In 2010, I came into Real Estate starting out as an “Order taking Real Estate Waiter”, i thought good service simply meant doing what my customers wanted. Things were rough. When i spoke with clients, i noticed many of them were misguided and made wrong property choices they regretted.
You see… once a wrong property choice is made, you will be set back for years, for some of you a lifetime. The sad reality is… Singapore in a hard place to retire in without excellent planning. It hit me hard, i had to quickly transition from a “Waiter” to a “Consultant” and give real value to my customers.
I dug deep. I searched endlessly. I learnt it the hard way. You name it i did it. I attended seminars, learnt from the best property investors and glued myself to mentors.
Since young, i love identifying patterns and have an investigative mindset. I leverage on this strength to map out winning property strategies for you, it doesn’t matter what stage you are entering the market. I listen carefully to your needs and problems, and help you win by getting the right property for investment or ownership.