The old adage “buy in gloom and sell in boom” has never been more appropriate to property buyers than now.
Property is the greatest long term investment any of us can make, and due to all sorts of short term issues the time has never been better for buyers…..
Property is the greatest long term investment any of us can make, and due to all sorts of short term issues the time has never been better for buyers…..
10 reasons why you should buy now;
1. Prices have come back some 25% or more from their 2008 peak, giving the best value seen in years.
2. Developers are keen to get their cash flows up so are willing to add a host of extra’s into the deal to make it even more attractive to you.
3. The RBI has dropped the prime rate making finance rates the best in years.
4. The Banks like the developers are keen to get your business and have some great offers available.
5. There is an abundance of property to choose from so you can get the ‘right’ property for you.
6. The transport initiatives like the metro are making many previous fringe areas a great bet - and at very good prices.
7. Many developers in partnership with the banks will absorb your pre EMI.
8. The Government has just given a 20% cut in transfer duty fees.
9. Prices of many household fixtures have come down due to the retail slump and you can get some great deals.
10. The market is certain to rebound and if you buy now you will get the full benefit of that escalation.
There really is no reason to hold back at present, everything is right for buyers to move forward with confidence in their purchase.
