Homes can be purchased through the “First Home” program or by a mortgage. Regardless of the loan you choose, you need to take into account several tips in order not to pay more and not to buy an apartment that has hidden flaws. That’s why you can opt for the Mont Kiara property or a Mont Kiara condo.
Set a strict budget
Determine exactly how much money you are willing to spend to buy an apartment or a house. It is recommended that, once you have decided on this amount, you do not exceed it in any form! Suppose you want to buy a two-room apartment and you only have 45,000 dollars available. Then you start watching more homes. You may like at least one of them and want to buy it. But it is more expensive. What are you doing? Do you give up or apply for a larger loan? Careful! The more the house price jumps over the initially allocated budget, the more you will owe! Think about whether you will be able to bear the rates for years and years to come
Pay attention to the price of apartments in the area
The price of housing differs from one area of the city to another. If you want to buy a studio, for example, find out how much similar homes cost in that area. That, so as not to get stuck and not buy at a higher price than it does! Consider the floor, whether the block is thermally insulated or not, if you have public transport nearby, schools, kindergartens, hospitals, the market, pharmacies and shops. Also pay attention to the facilities of the house.
It is recommended to have money quickly
English real estate specialists recommend buyers to get money first and only then to seriously look for housing. The reason is very simple. The real estate market is in a constant movement and transformation, and houses are often sold quickly. If you don’t have the money, no one will expect you to get it. Go to the bank first, find out if your loan is accepted, see how much you can borrow, etc. Only then can you go to viewings and choose what you like. If all the steps with the bank are already done, you will receive the money very quickly. If not, the seller will not wait for you.
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