Acquiring a property is a significant financial commitment and requires thorough planning. This involves saving for a down payment and considering additional expenses. Despite a flawed financial history, homeownership remains achievable. Establishing a clear budget is crucial to avoid overspending and to incorporate all relevant costs. Understanding your requirements and striking a balance between space and location is key. Pre-approval for a loan is recommended to understand your borrowing capacity and streamline the buying process. Familiarising oneself with property laws and choosing a trustworthy real estate agent are essential. Due diligence involves scrutinising property documents, while staying informed about market trends is imperative.
Text: Lara Palmer
31.05.2024
Key tips for expatriates to make the property search stress-free and successful