AskGuru Q&A Community

1. Have a clarity on your nett income & your eligibility of loan base on your nett income less all other loan repayments. 2. With your loan eligibility find properties (apartments or houses) within your preferred location, the loan margin and budget. Being a first time house buyer, you mau be eligible for a maximum loan margin of 90% depending on your profession and income level. 3. Decide whether to buy new developers unit under construction or ready subsale units. 4. If new developers unit, you may be able to get lower down payment schemes (with rebates/discounts) and stamp duty discounts etc. For subsale units, you may need to budget more savings for downpayment, stamp duty and renovations. 5. You may also consider withdrawing from EPF to purchase the house. David Wong (E2097) Mobile: +60193330573  Foreward Realty Sdn Bhd - E(1)1909 Read More