In light of new cooling measures, and an ever-changing property market, we’ve put together a new preparation list. Whether you’ve already shortlisted properties, or are just beginning to look, the following will help create a smooth transaction. Above all, look out for timing issues, option dates, and pre-approved loans, to minimise the risk of costly mistakes:

1. Start paying down your existing loans

2. Find the cheapest bank, and get Approval In Principle

3. Shortlist and view the properties you’re interested in

4. Check the URA Master Plan

5. Ensure you can cover the down payment and stamp duties

6. Discuss the manner of holding, with any co-borrowers

7. Plan the timeline of your move

8. Plan for renovation costs and delays

For more, please visit the full article at: https://stackedhomes.com/editorial/buying-a-home-in-2022-heres-an-8-step-preparation-list/?utm_source=youtube.com&utm_medium=description&utm_campaign=ep36

Chapters
0:00 - Intro
0:45 - #1 - Start Paying Down Existing Loans
1:45 - #2 - Find The Cheapest Bank/Get AIP
2:50 - #3 - Shortlist & View The Properties You Are Interested In
4:12 - #4 - Check The URA Master Plan
5:13 - #5 - Ensure Down Payment & Stamp Duties Is Covered
6:39 - #6 - Discuss The Manner Of Holding With Any Co-Borrowers
7:44 - #7 - Plan The Timeline Of Your Move
9:42 - #8 - Plan For Renovation Costs & Delays
10:55 - Outro

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Stacked is an online editorial aimed at helping Singapore home buyers, sellers and renters make better decisions. By regularly conducting research and publishing our findings, we hope to give our readers a much better perspective on buying, selling or renting Singapore real estate.

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