Never fear though because we will help you step by step. Here are some of the major steps to consider when buying a house
Choose a location that fits you and your personality: Different regions may have very different ideas of life, conveniences, cultures, demographics and habits. Some people like the idea of living in a city and have everything at their fingertips, whereas others prefer serenity and nature. When making this decision you need to think for yourself which location fits your lifestyle the best. Our website describes the most common places to live in detail to help find your dream home.
Make sure you can afford a house: A home is often the biggest investment someone will make in their life. Before buying, check to see if you can afford it. You need an adequate down payment (10-20%), monthly repayment (33% of your monthly income) and other living costs like government duties. For more information about tax and banking check out our Tax Guide, as well as our Real Estate & Finance section.
Seek advice from an expert: Do not buy a house based on trends or rumors. Ask yourself if the property really fits you. IQI can help you find your dream-house based on your requirements. It is worth doing some research yourself before buying; our project and sub-sales pages will provide you with information on our properties located in several areas. Key features, location and other characteristics are mentioned here. However if you need more information do not hesitate to contact us!
To buy or not to buy? Or should one just rent?
Nowadays many young people may find renting a property easier, compared to the perceived daunting effort of buying and owning it; but what is better for you?
Here is a short guide on how you can decide between renting & buying property
HaHaving trouble deciding between buying and renting? Let us help you.
Source of value appreciation
You can move once the lease is over
A sence of security
Less up-front cash needed
Less work in maintenance
Freedom of design
What are your expected rental yields?
Are you ready to handle the responsibility?
Are you going to live in the property?
Do you plan to stay there long term?
What are your future plans?