Sabtu, 2 April 2016

9 Tips for a Stress-Free Home Buying Experience

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If you’re tired of the stress of living in the city and want to get away from the crowd and brutal traffic, you might want to give the idea of settling down in Penang a try. As one of the most laidback places in Malaysia, Penang offers a wealth of local sceneries to keep you coming back for more. If you’re seriously considering a move, read on for a few tips to help you prepare for your home buying experience:

9 Tips for a stress-Free Home Buying Experience

1.Be financially prepared. Houses in Malaysia are now four times higher than the median income of the population, says The Malay Insider, making it an unreachable dream for the lion’s share of the country’s residents. In particular, Penang’s median all house price is around RM295,000 or 5.2 times higher than its median income, according to Edgy. The point? You need to have the financial resources before you can take on a financial purchase as big as a home.

2.Resist the biggest home. Remember that your home’s market value is based on the value of the homes around it. So going for that mansion on the block isn’t going to give you the kind of resale figure you want. Instead, go for a home that’s just the right size for you. You could even consider one of the smallest homes in the area. That’s because the big properties will have a positive effect on your market price, boosting it up.

3.Know the full cost of the home. Owning a home means you have to be ready to pay for a ton of associated expenses as well. You’ve got repair expenses to get out of the way, along with remodeling costs especially if you want to customize aspects of your home to reflect your style, personality and taste. Then you’ve got to set aside enough for your insurance premiums and association dues. And you’ve got to take care of these, on top of all your other household expenses. Calculate all that. Do you have enough? Make sure your budget can cover the full cost of owning a home.

4.Save as much as you can for your down payment. It’s always a good idea to pay off as much of your down payment as possible. The bigger your down payment, the smaller your mortgage will be over the years. Yes, years. So if you want to make sure the majority of your financial resources don’t go towards paying for your mortgage, go for the biggest amount of down payment that you can afford.

5.Read the contract. It can be tedious to go over every word in the contract.Reading it in legal speak doesn’t make things easier, too. However, it’s important that you know what you’re signing up for. So you need to make sure you understand every word. Clarify anything you don’t understand.Ask questions. The only way you can safeguard your rights as a home owner is finding out what those rights are in the first place.

6.Use property finders, says Money Saving Expert. With property listings online, browsing around for a home just got incredibly simple and easy. If you’re looking for a Penang Property, use a website like Property Guru  to find you a couple of prospective homes.Look over the photos of the homes and take note of the homes you liked.

7.Hire a real estate agent. Navigating the real estate market is easier weith tips but it would go even better if you’ve got someone to guide you every step of the way. That’s where real estate agents come in. They offer you assistance for everything you need, from putting a bid on a property and negotiating on your behalf to get the price you want for your home. So don’t go at this alone. You can make it easy on you by finding professional help to take care of the details so you can think about your home and the bigger picture.

8.Choose a good location. Convenience is priceless. It’s that feeling you get when you walk into your door less than an hour after you’ve left the office. The short commute or drive is ideal. No one wants to spend hours every day on the road, just getting to and from the office. It’s a terrible waste of your time. Thankfully, traffic in Penang isn’t on the same level as traffic in the city, which is, in a word: soul-crushing. However, finding a good spot, one that’s close to what you need—whether it’s work, shops, restaurants or the beach, should be on top of your list. So consider going for convenience over cost.

In Conclusion

Remember that buying a home doesn’t have to come with a ton of stress. By keeping these tips in mind, you can go through the experience with much greater ease and comfort than you might have originally presupposed.

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11 ulasan:

  1. many people is so lazy and not very eager to read every word in the contract one by one, including me haha. but it is not good actually.

    1. Yup because contract will explain everything., if we not read carefully if anything happen its can be problem from our side

  2. Semoga tips ini dapat membantu orang di luar sana yg nak beli rumah..Kita kalau nak beli runah jgn duk tertekan sangat okey..Lapangkan fikiran...

  3. Tq for sharing Acik..berguna untuk Kak Sue yang tengah planing nak beli rumah..

  4. How about auction property ? What aspect to be consider?

    1. Mybe will discuss more futher for next entry for auction depending market price

  5. good tips. from my experience beli rumah memang stress. location my 1st priority & real estate agent very important to help u to negotiate with current owner ( if u buy 2nd house la) .

  6. Perjanjian sgt pajang. Perlukan masa dan kerajinan untuk membaca. Tapi tu la, still kite kene faham dan tahu stiap isi kandung perjanjian tu kan. Nice tips acik..



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