12 Jan '18, 3pm

4 Ways to Avoid Costly Mistakes Often Made by First-Time Home Buyers

4 Ways to Avoid Costly Mistakes Often Made by First-Time Home Buyers

Surfing Pinterest for inspiration or browsing through stacks of Home and Decor magazines can be really fun when you’re thinking of getting your home first. It’s easy to visualise your dream home, but to afford it is an entirely different matter. For many, owning their own house is a life-changing event. Nothing says independence as much as having your own place. However, home prices in Singapore aren’t anything to scoff at, and any mistake made here during the planning process can prove to be a costly one. But fret not as we’re here to help you avoid these pitfalls that could prove to be costly mistakes. 1. Crunch the numbers Beyond just knowing how much the flat in your desired estate will cost, you need to factor in additional costs such as option fees, down payment, and interest payable over the 25-year period. CPF’s Our First Home Calculator comes in handy to help you ...

Full article: https://www.iproperty.com.sg/news/4-ways-to-avoid-costly-...

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