Buying a house for stay or for investment is the largest and probably the longest financial commitment for most people. Today, house buying & ownership is not just an emotive issue, it also faces challenges of rising property prices, aggressive marketing, uncertainty economic environment, challenging family & marriage relationships etc, this talk aims to help your staff to bear in 4 key considerations whether they are buying the next house or currently owning one.
What factors to consider so that you do not overstretch your home loan commitment How will your CPF use be restricted when you turn 55
Doing a Property Stress Test with 3 Scenarios to manage your expectation of your property investment return Alternatives to direct property investment
Distinguishing between home insurance and mortgage insurance Clarifying the difference between DPS and HPS Alerting the pitfalls of using HPS
How joint-tenancy and tenancy-in-common affect how you as owner can pass on the house to whoever you wish How will young children inherit parents’ flats under existing HDB rules How to write your Will regarding bequeathing your house