What do I Need to pay Attention to When Buying a House?

One,For investors, pay close attention to the timing of the bottoming out and flipping, especially the volume of property market transactions. You need to step on the market more often, and be sure to make a handbook of stepping on the market, and do a detailed comparison of the advantages and disadvantages of each property, such as the price of second-hand properties in the vicinity. Prepare a trusted agent, keep in touch, if there are eligible properties can let the agent at any time to notify the viewing.

Second, the new property is generally low and high, which means that the later will be sold more and more expensive. Often the first phase to the cheapest price into the market. Let the first start "to take advantage of the bargain", in order to use the first owners of the word of mouth to drive later sales. So try to buy a house to buy the first and second phase. The latter will continue to open the advertising efforts, step by step to pull up the price, so that the effect of sustained price increases, because "buy up not buy down" in line with the market psychology.

Third, buy a house to see supporting, if there is no supporting then look at the planning. If you choose a second-hand house, then the first thing you need to consider is the degree, followed by the traffic, and again the commercial support, greenery, building age, etc.. If you choose a new house, but the house money is not mature enough, then you need to carefully check the short-term planning of the area, it is better to choose the one under construction rather than long-term planning, because there are too many uncertainties happening.

Fourth, buying a house with leverage is the main thing. Whether you are investment or owner-occupied, try to use the full bank loan, can 30 years must not 25 years. Why should the bank earn interest? Because the mortgage is the largest amount we can get and the lowest interest rate loans, anti-inflationary eat future dividends all rely on it!

Five, buy a home loan choose equal principal and interest, do not choose equal principal. There are 2 main reasons, one is the same as the monthly repayment of equal principal interest, with currency depreciation and income growth, the pressure to repay will become smaller and smaller. The second is equal principal interest first to pay off the interest and then the principal, although the early give a little more interest, but more cash in hand, reducing the monthly payment, suitable for the early income is not high or income gradually rise.

Sixth, buying a house is like people drinking water, need to arrange according to their own conditions. The budget is not enough and is just in need, whether it is a new house or a second-hand house can be determined according to their own requirements.

Finally, I hope everyone can buy a house that suits them!