Introduction

Buying Your First Home?

In a perfect world, choosing your dream house would be as simple as picking a Introductionfresh ripe apple among shrivelled rotten ones; it’d be a clear simple decision. Unfortunately, the chance of that happening in the real world is slim.

Homeownership brings with it a slew of responsibilities and its own fair share of headaches. Some of the most common things you need to consider when buying a home are price, location, type of property, home loan, and other miscellaneous fees, to name a few. So, before proceeding any further, take some time to consider if your lifestyle and finances make the home buying a smart move.

Buying your first home regardless of new or pre-owned requires a lot of research; surveying the neighbourhood, doing background checks on the property developer, asking friends and family with prior home-buying experience, and approaching a trustworthy agent. Whatever you do, the ultimate goal is to be well-informed before becoming a first-time home buyer and committing to long-term debt.

Next: Know If You Are Ready

Get even more financial clarity with an iMoney account for FREE

We’ve tailored insightful tidbits just for you.

Get free weekly money tips!

*Free of charge. Unsubscribe anytime.