Although it is just buying apartments, it is necessary to think carefully and have clear calculations. Because it is a great asset of a lifetime, especially for young people who have not accumulated much capital. The advice of experts will help you consider building a plan to own an apartment as you wish.
Points to keep in mind when choosing to buy apartments
1. Balance financial problems
Master RENTAPARTMENT - Lecturer of Ho Chi Minh City Banking University Business Administration Department: A young couple with a capital of 300 million, but determined to borrow a bank to buy a 2-room apartment sleep, area of over 70m2 for over VND 1.2 billion. However, after only 3 months of buying the house, the couple had to return to another person because they were unable to pay the principal and interest paid to the bank each month.
"This is one of many cases that happened when buyers did not fully calculate their financial capacity before buying a home," said Master Long.
Therefore, in order to avoid this situation, young people must carefully calculate their income problems before buying an apartment. The calculation is based on the principle that after deducting the costs of eating, living, studying children, ... then you have to spend about 40% of income before tax to pay home loans for banks each month . Yes, you can rest assured to buy the apartment.
2. Does not require too high the first house
With a stable income of about 15 million VND / month or more and accumulating about 20% of the apartment value or more, it is possible to buy houses from 800 million - 1.2 billion VND / unit.
However, this is not a high income level and the current demand is not too large, so it is necessary to consider choosing suitable apartments. Initially, the couple should choose one-bedroom apartments with suitable prices instead of 2 or 3 bedrooms. After a few years of accumulating, a higher salary and more children you can sell that house to find a more comfortable and classy apartment.
3. Buying a home must be worth the investment
Buying a home for the purpose of staying, but customers also need to pay special attention to the factors that can increase the value of the project to make it easier to resell.
When buying real estate, pay attention to the location of the project must be convenient, located on major roads, synchronous transport infrastructure and located in areas with potential development. In addition, the project must ensure the internal utilities along with the reputation of the investor.
4. Mastering the law
The reality is that most homebuyers lack the knowledge of law and law so it is difficult to detect errors in sales contracts.
Therefore, before signing the contract, it is best for the buyer to ask for advice from someone who knows the law or accepts to spend a small amount of money thanks to a dedicated lawyer to ensure safety.
In addition, before buying customers, they need to understand the ability of investors through prestige, the number of their projects has been completed to "choose the gold sender".
With the characteristics of buying houses formed in the future, there are many people who have paid enough money but still have not been given apartments.
5. Accept sacrifice
The majority of current homebuyers are in the form of buying houses formed in the future, so about the first 2-3 years after buying a house is a very difficult time. In addition to the monthly burden of principal and interest to pay the bank, many people also have to pay a significant amount for the current rent. Therefore, it is necessary to be more economical, avoiding wasting money.
In addition, if you own an apartment of about 2-3 bedrooms, while the demand is not much, you can consider renting out empty rooms. The rent for these rooms is used to cover the cost of bank loans. Even in the first years of buying a house, so that it is not too restrictive, the birth plan also needs to be taken into account, if you feel unsure, "postpone birth" because to take care of a child is not easy.
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