Everyone has things they wish they had known beforehand. When it comes to buying a home, you may make a few mistakes you’ll come to regret. Occasional blunders are to be expected, but you’ll want to limit them – buying a home is, after all, a major financial transaction that will impact the way you live for years to come.
If you are a millennial in Singapore who’s been itching to move out from Mum and Dad’s, buying your first home can be even more daunting.
Fortunately, we can use our collective experiences to help each other. HSBC’s global study on homeownership – Beyond the Bricks – surveyed thousands of people last year. The insights gained from the study can help guide the rest of us through the process.
Here are five things you need to know before moving into your first home: …