Definitely, things always work say countries that are properly planned. One of the major problems with countries in this part of the world is that they do not properly plan everything and mortgage system will be a very big problem when operated.
Definitely, things always work say countries that are properly planned. One of the major problems with countries in this part of the world is that they do not properly plan everything and mortgage system will be a very big problem when operated.
One thing about most develpoed countries is that they usually have a good framework,usually a long term plan for the housing sector.because population growth is something you work out based on projection of what is on ground.
I believe if the government policies are put in place in this part of the world things will probably work. The population needs to be put in check in order to improve the way in which some certain things are done
does it really make sense for you to rent out a house in which you have not fully paid for?. I don't think that is quite possible. the major advantage is that you can get a house at a very short period of time
When I said to rent it out I meant have tenants to live there and if possible you could be there as well. And from the way I see it, you can actually rent out the house because by so doing you can use the money gotten from it to complete the payment. Afterall rent is not something risky to try, so if doesn't work there won't be a loss.
Okay, I understand your point and that is a genius suggestion and business strategy. But what of in instances where by they will warn you will not to rent the house out until pay all the money?.
Ok, if that is the case , then I will advise to adhere strictly to the terms and conditions attached to it.
Yeah, it is important to read the terms and conditions before accepting. Like I stated before, it is a smart business strategy but some kinds of things like this actually comes with strictly rules that may not allow you to make some of profit.
To me that is actually one of the best ways for an individual can own a house,you have the leverage of paying and spreading the plan over a period of time,this type of arrangement will give the owner a rest of mind.
It is good to use mortgage bank to get house because they don't impose false on any of their beneficiaries to pay once but gradually till they finish payment.
