Year had changed again. Do you plan to own a home in the past year has been realized? Buying a home is one of the biggest steps in life, hence the importance of planning detail in it so as not to regret later on.
And if your dream to have a home yet to materialize in the past year, the beginning of the year as it is now is the time for a new plan. And to help realize your dreams, then consider the strategy to buy a house within a year.
Early Years – Start Saving for a Down Payment (DP) House
Admittedly, save money with discipline is hard to do. Expenses such as car repairs, health, or buy a new gadget has always been a thing that makes you so hard to save.
However, if you have a target next year to have a home then it is time you save with discipline. As you already know how much should be collected for a fee DP homes, ranging set aside income each month.
Third Month – Check Credit Status
When about to ask the Home Ownership Loan, the Bank will check how the quality of credit you currently have. Fix when there are debts for which payment is not smooth. Remember, a healthy credit card bills maximum of no more than 70% by number of the card limit.
Sixth Month – Start checking residential neighborhood
It’s time to start visiting homes that had already been the target you. And because the house will be a lifetime investment so make sure that you do not miscast.
Check whether residential location close to public facilities such as schools and hospitals. Calculate also the distance of ‘candidates’ work location in your home.
If possible, you can also figure out your target home surroundings. Eg neighbors who live in the housing, is mainly inhabited by a young family or not, and so forth.
Ninth month – Do Research Banks / Financial Institutions
If you’ve chosen housing which would be the target, it’s time to do some research for filing Housing Credit. Especially if you will take a mortgage with such a long period of 15-20 years.
Some people choose to take a slightly higher mortgage but have a fixed rate, and some people choose a floating rate. Also check what documents are needed to apply for it.
The tenth month and next – Start Contacting Developer
You have defined housing which would be an option and has also done research on the bank will provide housing loans. Next you must contact the developer to get information about the home you seek for this.
Also check that your savings are sufficient to pay DP. Buying a home with good planning will certainly make this process go well too.