IF you have come across headlines like "It's the right time to get a new home" wait, why now? All of a sudden we all were into curfew, a couple of banks failed, sales dropped, some of our colleagues were pushed out, why should I get home now and the newspaper recommending me stronger??
The real advantage is the interest rates are lower than pre-covid times. The financial skeleton of our country is still shaky even after the near-century run. The novel virus was a catalyst for the deterioration. We pay less for a loan with the present payback rates.
The ultimate disciplinary fail is, Do you really need a new home?? Are you in need of one?? Introspection matters. If the property isn't creating you a new cash flow, it isn't an asset. No professional would recommend you for a loan except the paid segment writers and the agents.
Finbolts
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