Finding the ideal home online

Browsing through numerous properties online is quite simple and straightforward. However, knowing the best platform, deciding on your best pick, and eventually purchasing the desired property is a different story altogether.

There are a number of considerations to make in ensuring every part of the process is meaningful and worthwhile.

Here’s a quick guide to help you in your journey towards finding an ideal home:

First, search online. The assurance that the listings on a website are from trusted real estate brokers makes it easy for consumers to navigate through the portal. Propoerty24 is an online portal that connects buyers to licensed brokers. With the platform’s quality listings, one can start the efficient search for the ideal condo or home instantly.

With over 70,000 properties listed by licensed brokers and developers on the platform, a comprehensive search can be done.

Second, ‘rule of thirds’. First, ask yourself: Can you afford the investment? Use the ‘rule of thirds’ to help you gauge your ability to pay a monthly amortization.

The cost of your amortization should not be more than 30 percent of your net monthly income. This amount values the roof over your head as onethird of your income.

Third, meet a licensed broker. Once you’ve decided on your shortlist of properties, take the next step and meet the licensed broker. Treat your licensed broker as a partner who will walk with you through the process of purchasing your property. He or she should provide advice about best practices and even assist in applying for mortgage loans.

Due to fierce competition among similar businesses, it’s best to take housing loans from banks. Take advantage of promos and incentives provided by banks in order to make the most of your time and money.

One of the best ways to get a good deal is to check your bank’s foreclosed property selection, which oversees their portfolio of repossessed property.

Buying foreclosed property is surprisingly cheaper and more affordable alternative that doesn’t compromise quality.