5 Key Tips for first time Home-buyers in Ghana
Everyone who decides to buy a home for the first time would want to consider certain vital things such as payment plans, mortgage opportunities, and the desired home to buy. Just like any project, you would need to get relevant details of your ideal home before you make any move. Here are few things you should consider as a first-time homebuyer . Save Early If you have plans to buy a house in the next 5 to 10 years, you must start saving now; first, find out the cost of your ideal house and project an upward price hike every year. Now, based on your projection, save daily and consistently till you raise enough money to pay for your down payment. Down payment is usually 10% of the total house price. Some developers would allow you to move into the house after paying 50% then you pay the remaining 50% in 2 trenches of 25% each within two to four months. Decide on Budget Find out how much you can spend on your ideal property before home hunting. Research on platfo...