Buying A New Condo? Explained
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Source: 99.co
Buying a new launch condo 8 easy steps explained
Source:
STEP 1: GET YOUR FINANCES IN ORDER
Check out this article on financing a condominium purchase if you’d like an idea of the costs involved in buying a unit.
Get an Approval-in-Principle (AIP) for a bank loan
Check your CPF Funds
Check out how much you have by logging into your CPF Account via their website.
Consider miscellaneous fees and costs
- Additional Buyer’s Stamp Duty
ABSD RATE
STEP 2: SHOP AROUND
www.propertyguru.com.sg
www.srx.com.sg
STEP 3: VISIT SHOW FLATS
STEP 4: BOOK YOUR FLAT
STEP 5: HIRE SOLICITORS AND FINALISE LOAN
STEP 6: SALE & PURCHASE AGREEMENT
STEP 7: START PAYING
You can find out more on the condominium payment schedules here.
STEP 8: COLLECT YOUR KEYS!
Step-by-step guide to buying a condo
- Pick your people
- Pick a property
- Mortgage stage
- Beyond the mortgage
- Final fees
- Awaiting the keys
- Makeover time
- Moving in
New Projects
3 Things to Look Out for When Buying a Condo in 2017
1. How much longer before the property TOP date?
2. Is the per square foot price competitive?
3. How “mature” is the estate?
Projects Expected to TOP in 2017
Home ReportTM
Get the public version of the report that the professionals use to price property and devise marketing and negotiation strategies. S$ 88.00 / unit (incl GST)
Don’t miss more posts by REALTOR Mani 玛尼 மணி Subramanian Veeramani
Check it out my posts (338+) https://www.linkedin.com/today/posts/AskRealtorMani
Don’t miss more posts by REALTOR Mani 玛尼 மணி Subramanian Veeramani
Check it out my posts (700+) https://www.linkedin.com/today/posts/AskRealtorMani
?+6583004411
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