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Artikel di bawah menunjukkan versi mendalam bagaimana anda boleh mula melabur di Malaysia. Anda boleh membaca semua tentang bagaimana anda boleh memulakan perjalanan anda dalam hartanah. Dalam artikel itu, anda akan mengetahui semua perkara yang perlu dipertimbangkan sebelum anda melabur dalam hartanah.
Investing is a huge risk not just emotionally but also financially. When you are to buy a property, wherever it may be located you will have a lot of considerations to make. You will have to look for agent, location, security, price and finance support. You want to gain something from your investment then you have to take the risk. Even if it is not your first-time buying properties you will always be putting yourself in a high risk. You will still be stressing yourself, consuming time and exerting efforts. To guide you on the next step you’ll make, you may want to read the below-listed consideration in buying property. Let’s say for instance the place is Malaysia.
Conduct a comprehensive research
You will need to set first your objectives. Create a plan since it will be a long away if you will be conducting a comprehensive research. The major factor that you must understand is researching the housing market. It is broad to thing to learn. You might want to consider moving in Malaysia or you been living in this country your entire life, you will still be needed to conduct a marketing study. There are possible things that we may look at. First is that you will need a bank if you cannot finance the entire amount of the property you are buying. You will need a loan and the bank to know their offerings.
Check out this video to learn more about how you can earn money through property investment:
You will also consider the best bank that will suit your needs. Choose the one that best supports you in acquiring the property. You should consider if the bank were already stable and will exist for the next 20 to 25 years. The next thing to consider is the rules, guidelines, or laws in buying a property. Before anything else, know that guidelines in investing in a property for you not to get lost in the middle of processing the requirements.
You need to check your documents if it is complete and if you will be able to comply with the requirements they will be asking. Knowing the rules and procedure will not give you a headache in the long run. Then you will be looking for an Agent. The main rule is that make sure the agent is accredited. Before meeting up and paying them money, know if it is not a scam. Scammers may ask you a lesser price than usual.
You may believe them because you think you will be cutting your cost and saving money. You may be in a hurry in acquiring properties but safety first. They will take advantage of your money and you will lose everything because of them. To check an accredited agent, visit government website or drop by at their offices to verify if the agent or company is authorized and licensed.
Location and Viewing of Property
To lessen the risk you may gain, start by choosing a strategic location. This may be a place where you will find your convenience. The best property locations are the G Residen, Seni mont kiara, and Pantai HillPark. If you will be buying property for a residential reason or making it a rental business then look for a location that has easy transportation, near to shopping malls, restaurants and central business where you work may be located. You don’t want to have a long travel hour from home to work. It is nice to put your home in a place that is one ride away from everything in the city or walking distance.
Having an accessible place will also make the location in demand and a higher price. If you will buy the property and held for rental, you may be profitable, but you will be investing a lot of money. You can add up your rental income in paying your bank loan. It will be up to you how you will manage your finance. Your location will affect your daily life.
Some may look for a place near their workplace and hospital. If they have family members near the area, then they may want to be adjacent to their family members. Make sure before investing in a property you can still support your family needs and expenses. Ensure that you still allot money for other expenses that you may incur. You may think that you will be having a return of investment but that will still be for years.
Starting young in investing a property as it is highly recommended. Investing in a property may take twenty to thirty years to pay. You will have your own home at the age of forty when you start at twenty. The monthly payment is lower because you will amortize it for a longer period. Aside from owning an early age you already have your own home which is affordable and feasible.
When you have already decided to buy the property, you need to pay your initial down payment. The down payment is usually a huge amount depending on the percentage the seller is asking. Prepare also for the cost you may be incurred for processing it. At least prepare ten percent of the amount and ninety percent will be shouldered by the bank. For you to finally move into your new house you will still be incurring expenses, prepare another ten percent. Read the guidelines and rules of the agent, not all are the same. Make sure to clarify your concern and you understand the rules.
Buyer expenses do not stop in its initial deposit. If they hire an agent, they will be paying for it. A buyer may also incur the following expenses. Let’s say if you want to buy arte cheras property, you have to check if they have the below expenses.
· Memorandum of Transfer or MOT
· Sales and Purchase agreement (SPA)
· Legal Fees
· Valuation Fees
· Bank Processing Fee
· Transfer of Ownership Fee
· Stamping fee for SPA
· SPA legal disbursement fee
· Loan agreement legal fees
· Stamp Duty for loan agreement
· Loan facility agreement legal disbursement
· Government tax and Other fees for agreements
· Other charges to legally buy your property in Malaysia
Consider the above list before you proceed, make sure you have clarified thoroughly with your agent all the changes needed. You need to know the restriction in having a property in Malaysia especially if you are a foreigner investing in their country. There are different rules and laws in every country when buying property. In Malaysia, you may easily acquire property, but you cannot buy agriculture Land if you are a foreigner. Research and know the process of legally owning a property before anything else.
Seek Help to professionals
You cannot do it alone. You will need to ask assistance from the professional for you to easily process your transactions. A lawyer or specialist’s opinions will always matter in every decision you will make. For you to have guidance legally and comfortable that you are on the right path you may want to get a specialist. You may think that having professionals will just give you the additional cost, but you may regret not getting one. It will make you feel secure that you are doing the right thing in your investment. It is nice to have someone to trust especially if we are talking about money.
They will put your best interest first and help you to accept different opinions from another perspective. They may not tell you everything you need to know because Agents are still focused on earning their commission. Schedule a time for your questions and queries and make sure they have enough time.
You will need a helping in circumstances that you will discuss with your agent. Some may prioritize their clients who are paying them higher than you do, look for someone who treats their clients fairly. You may end up paying and not getting any help from them. To avoid being scammed, it is a good head start to have a trusted lawyer or specialist to avoid also buying overpriced property.
Time to Decide
Having enough time in thinking about whether to invest or not is important. Decide the time when you will be pursuing to buy a property. Consider first the factors, most of the time when there is available property to buy and you seem to like it we rush our decisions into buying. We sometimes end up in the wrong decision. There may be a reason in why you are pressured in having your property but take it slow, it may be risky.
Additional charges in buying property may not be understood by some that caused them so much in the long run. They do not also consider the place the property is located and end up being in an inconvenient place. You may be paying penalty if you did not understand the regulations and Law in Malaysia before buying property.
Do not set a deadline in making a decision, you may end up in the wrong decision. Take risk but there should be a good decision. Return on your investment is in the hand of the buyer. You are the one to make it. Hope after reading this article you will end up considering first all the listed factors. Take note of the important matters.