Many people have a genuine fear of buying a property because they are terrified that they won’t be able to afford it over the long term and it will put an unnecessary financial burden upon them. However, if they are to continue renting their current property, then in 15 years’ time they will probably have paid out enough money to the landlord that could have bought them their very own house. There is never been a better time to consider buying your first property because interest rates have never been so low and the property market at the moment favours the buyer.
If you have been toying with the idea of getting yourself on the first rung of the property ladder, then you might look at the Chonburi house project (known as โครงการบ้านชลบุรี in Thai) because there are different kinds of fantastic homes for sale and you get to move into a house that nobody has lived in before. This can be a very exciting time for everyone and it is something that you really shouldn’t be scared about. If you’re still a little on the fence about whether or not you want to keep renting or you want to buy a property, then maybe the following benefits of buying can help you to make a smart financial choice.
* Guaranteed living security – If you continue to rent your property from your landlord then you’re leaving yourself wide open to having to move out of the property before you want to. The landlord may have ideas about wanting to sell the property that you are currently living in and as long as they give you enough notice, they can sell the house right from under you. You then need to move all of your belongings to another property and this is going to cost you a lot of time and money. When you own your own home, none of these things will happen and you can have a sound night’s sleep knowing that you and your family have living security.
* Create your dream home – Due to the fact that it is a new property, you can have some input into how it is designed and created. If you want a particular kind of kitchen or bathroom, then you can make those choices by yourself and create the home of your dreams. Many people move into used properties that have already been built and decorated and it leaves them very little scope to make any necessary changes. When you move into a fresh new home, you will have a lot of creative freedom and you will get to decide the changes that you want to make.
It doesn’t make financial sense to continue to rent a property that will never be your own, and so you need to take the first steps towards purchasing your own property. It will be a little daunting at first, but once it is all done and dusted you will be glad that you did.