STEP 1: Deciding To Buy
Purchasing a property is one of the biggest financial decision you will ever make. Whether this is your first purchase or you are an experienced buyer, this decision should be made carefully and intelligently.
Why Do You Want To Buy?
Have you outgrown your current living situation? Are you putting together a portfolio of investments? Do you want to invest in a rental property? Are you fed up with paying rent? Have you made the decision to pay your own mortgage rather than the one held by your landlord? Do you want a bigger yard? Would you like to live somewhere else? Do you want to cut your commuting time in half? It will be easier to find the correct house if you are clear on your motives for buying.
Income Growing, Lifestyle Change
Whether you're seeking for your ideal house, a rental property, or to diversify your investment portfolio, property ownership is a great option. Real estate ownership is one of the safest ways to grow equity and get a higher return on your initial investment.