Buying in a too narrow market
A narrow market is
Not planning ahead for you
A property is a long-term investment. That is why it is so important that you have clarified in advance what your future should look like. Do you want
Not focusing on reselling
If you want to invest in real estate, pay attention to its later resale when buying the property. Follow the taste of the market and avoid short-lived design trends.
Too high repayment rate
Arrange as little repayment as possible! Background: Whatever you contractually agree, you must always adhere to. If you then get into financial difficulties and are unable to pay the agreed repayment rate, you are in breach of contract. Don’t commit yourself to an excessively high repayment. Agree with the bank rather 5 percent unscheduled repayment in the year! If, for example, the bank wants 2% repayment, but you could pay 5%, then you put the 3% difference aside. You transfer this to the bank at the end of the year as an unscheduled repayment. Then you have an advantage: it is a voluntary unscheduled repayment, but no contractual obligation.