THE recent rush to buy properties has spawned a record rush of complaints about housing agents - but it has also become obvious that some homebuyers have been setting aside caution in their eagerness to buy. "We have received complaints even from educated people who sign off at the end of forms without reading them and with nothing filled in. It's just like signing a blank cheque," said Singapore...
Property Buying Guides
Judging from the brisk sales at launches, it appears many Singaporeans have jumped on the runaway property bandwagon. But before you get caught up in the sales pitches and showroom euphoria of property agents cheering as each unit is sold, industry players warn that you should step back, take a breath and think twice. This, they say applies to both HDB upgraders as well as those looking for a second...
Reduce risk of bargains turning into legal liabilities IN THE current recession, people with ready cash are looking to pick up good bargains. However, tread with care. Reported cases that I took on over the years showed that property investors unwittingly fell into costly legal tussles because they failed to take the necessary safeguards before putting down their money. What seem like simple and...
There’s no place like home. Buying your first home is exciting and here we look at what you need to consider in making the right decision. Firstly, know why you are buying your first property. Perhaps it is because you want your own space away from parents, family or flat-mates – you want your independence. You may want to enjoy your own style, hobbies, your way of living and not be compromised into...
1. Select an Agent. Optional, but recommended. A professional agent will not only help you to find the right property, but also ensure you get the right price, ensure all small details are covered prior to purchase, guide you through the process and make recommendations on financing and legal representation. 2. Find Your Property & Agree a Price. When reaching a preliminary agreement to buy, ensure...
Planning to get a property? The following pointers may be useful:- Objectives. Determine your reason in buying a property. Is it for investment or for a home? For investment reasons, you need to be clear as the returns will be different for different types of property. Location. Decide beforehand on a few likely places that you'd like to live in. Take into account things like the distance to work,...