“Anyone is capable of buying a home, right?”
Contemplate this: over a span of 20 years of property ownership, the proprietor will shell out twice the initial purchase price in interest fees to the bank.
This doesn’t even account for ongoing renovations, repairs, and the stamp duty paid during the acquisition process.
The maintenance expenses associated with owning a property and subsequently selling it are crucial for maintaining low long-term costs and ensuring that the resale price surpasses that of other homes in the area.
During the buying process, you’ll be contending with seasoned property advisers commonly known as real estate agents. Their skilled in selling ice to Eskimos at a premium price and then tell the world about how high the price was.
So this is why buyers employ the services of buyer’s agents to navigate property purchases effectively and negotiate terms for the right property.