I RECENTLY purchased my first home, because I was tired of throwing money down the rental pit (or rather, my parents pushed me to make that purchase). However, when it comes to buying property, which is likely the biggest investment one will ever make, there can be a lot of catches. I don’t claim to be an expert: I am not a real estate agent nor a property consultant. All I can tell you is what I’ve learned from my experience as a first time homebuyer, and a few things that “I wish I had known then”.
Lesson 1: Timing, timing, timing. You won’t get it perfect.