Property Enquiry Form
Real Estate Singapore
- Home
- Selling Your Property
- Buying Your Property
- Renting Your Property
- Company Property Agent
- Real Estate Professionals
- About Hot Victory
- Career Opportunities
- Investors
- Investment In Singapore
- Our Services
- 10 Mistakes Seller Make
- 10 Mistakes Buyer Make
- 20 Mistake Investor Make
- Hire Buyer Representation
- Why Choose Me Seller
- Purchase Exclusive Realtor
- Calling All Expatriate
- Home Loan
- Home Finance
- Business Finance
- Financial Calculator
- Condominium Near MRT
- Condominium Directory
- District Guide Singapore
- Enbloc Team
- Refer To Friends
- Alert Mailing List
- Real Estate Market Review
- Hot Victory Spirit
- Realtor Tools
- Billy Chen Presentation
- Free List Your Property
- Affiliates
- Contact Me
Singapore Property Tips
Home | Real Estate Blog | Articles | Video | Forum | Success Goal | 中文
Getting Proper Guidance in Your Purchases
Are you considering buying a new house or investment property or selling your current holdings? If this is your intention, start this process out by talking to a local real estate agent to find out what the market looks like currently and what they anticipate it will be like for the next six to twelve months. You might also consider talking to a financial analyst or advisor to find out where the market stands and which direction they think that it is going next… up or down. This will give you a better idea about which choice is the right one.
What are you going to do if the market is on a downswing and you will end up losing money? If you do buy property in a volatile market, you bear the responsibility for making that choice if you do decide to buy while the market is in a downswing. There is a very real possibility that you will only end losing money over time. Do you really have the money to keep putting into your property? If you cannot afford to put a great deal of money into that investment property, then you will need to reconsider your decision. Getting or putting yourself into a financial hole like that is no good under any circumstances!
The opposite side of this is a market in an upswing. If you buy when the market is down and then the market picks back up, you will end up making money in the end. This is actually what you are in this deal for, isn’t it; to make money and give people a good and safe place to live. When you begin making some extra money from your investment, you begin feeling a sense of accomplishment. It is a good thing if you are able to provide good, safe living quarters for your own family and other families too. In today’s uncertain financial market, you will need all of the sound advice that you can possibly get.
If you consult a financial advisor or the local realtor about the current market status, you are a very wise buyer. Do you want to be a wise investor or a foolish buyer? There is a very fine line between the two, one that can be crossed very easily if you are not careful. It cannot be said nearly enough; never get into something like this without knowing what you are getting into first. This is what has bankrupted many an investor and is partially responsible for the current real estate market conditions. Large investors and those looking to buy their first home have all been caught in this current market; and many of those who are in financial difficulties now and in the past have not anticipated the downswing of the market. Are you willing to take this chance? More than likely you don't think about some of the many pitfalls that you can fall into.
Buy, Sell, Rent, Invest, In Singapore
Billy Chen
CEA Registration Number : R029372I
Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com
Buy Sell Rent Contact
Property Search
Featured Properties
Landed House
Condominium Apartment
Commercial / Industrial
International Property
Project Property Search
New Project Launch
Singapore Resources
Welcome to Singapore
Explore Singapore
Singapore PR
Singapore Rental Guide
Foreign Embassies
SIR Tenant Check
International School
Expats Relocation
Government Singapore
Foreigner Home Buyers
Financing Other Expense
Guide Property Taxation
Guide Foreign ownership
Banks in Singapore
HDB Information
Public Transport
Useful Resources
Singapore Maps Search
Hotels In Singapore
Free Stuff Giveaway
Online Shopping