1. Where it is Located
The location of the houseyou are looking to purchase is probably the single most important factor to consider (if you are willing to pay a grand price for it, of course!).
Given the option between a lower priced house that is situated in an out-of-the-way area and one that is higher priced but situated in a pristine residential area that is very desirable such as a Robinson Road property, you might want to choose the latter option. The reason being that a house that is in sound condition in a good neighbourhood will have a much higher resale value, which means it is a good investment.
In addition, a purchase of a home that is conveniently located for you and your family such as a Robinson Road property buy would mean that you will have easy access to the city, your work and your kids’ schools. Another perk is being able to raise your family in a safe and secure neighbourhood.
2. If it is the Right Size for You
If you are moving into your new home by yourself, then you will not need a very big house. However, if you are planning to move in with your whole family, then the requirements will be a little more demanding. When deciding which kind of house to acquire, you will need to think about what requirements you need fulfilled by it. Think about the number of rooms, number of bathrooms, the size of each room, whether there should be balconies, a terrace, a porch, a front yard, a lawn, a pool, etc. to comfortably accommodate your family and any house guests you may occasionally entertain. Depending on the size of your family, the size of the house will need to be considered. Visit http://res.treasureland.com.hk/home/all-properties/?ks=Parkview
3. If there are Any Strings Attached
A house is a fixed asset that usually requires a lump sum investment to be made at the time of the purchase. Whether you are paying for it from your own pocket or through a loan, the full cost of the house usually needs to be put down at the time of the sale. So you need to make sure you have the money ready and that the correct price has been quoted to you. There cannot be any additional amounts added to the cost at the last minute. Also, once the transfer of ownership is completed from the previous owner to you, you should not be held responsible for any more contracting or legal fees beyond that point. Any mortgages on the house that are the responsibility of the previous owner need to be paid off and closed before the ownership of the house is transferred to you, unless some other arrangement has been agreed upon by both parties.