How to avoid unexpected expenses? #AskRealtorMani Now! @83004411

How to avoid unexpected expenses? #AskRealtorMani Now! @83004411 Hidden costs when buying new condos! Get tips#AskRealtorMani

How to avoid unexpected expenses? Hidden costs when buying new condos! Get the breakdown of all potential costs and property-buying tips #AskRealtorMani @83004411Questions? #askrealtormani How to avoid unexpected expenses? Hidden costs when buying new condos! https://wa.me/p/5452088264897735/6583... Get the breakdown of all potential costs and property-buying tips #AskRealtorMani @83004411 #AskRealtorMani @83004411 Get more practical tips Watch more videos When buying a new condo in Singapore, it's important to be aware of the potential hidden costs to avoid unexpected expenses. Here's a breakdown of some of the potential costs and some property-buying tips to help you avoid them: Buyer's Stamp Duty (BSD): This is a tax payable on the purchase of any property in Singapore. The BSD ranges from 1% to 4% of the purchase price, depending on the value of the property. Additional Buyer's Stamp Duty (ABSD): This is a tax imposed on certain categories of buyers, such as foreigners and individuals purchasing a second or subsequent property in Singapore. The ABSD ranges from 12% to 20% of the purchase price. Legal fees: You'll need to engage a lawyer to handle the legal aspects of your property purchase. Legal fees can vary, but you can expect to pay anywhere from a few thousand dollars to tens of thousands of dollars. Mortgage fees: If you're taking out a mortgage to finance your purchase, you'll need to pay various fees such as valuation fees, processing fees, and mortgage insurance. Renovation costs: If you plan to renovate your new condo, you'll need to factor in the costs of the renovation. Maintenance fees: Most condos in Singapore come with maintenance fees, which cover the costs of maintaining the building and its facilities. These fees can range from a few hundred dollars to thousands of dollars per year. To avoid unexpected expenses, here are some property-buying tips: Do your research: Make sure you understand all the potential costs involved in buying a new condo in Singapore. Work with a reputable property agent or lawyer to ensure you have a clear understanding of all the costs involved. Get pre-approved for a mortgage: Before you start your property search, get pre-approved for a mortgage so you know how much you can afford to spend. Factor in all potential costs: When budgeting for your purchase, factor in all potential costs, including legal fees, stamp duties, and renovation costs. Don't overspend: Stick to your budget and avoid overspending on your purchase. Remember that there are ongoing costs such as maintenance fees and property taxes to consider. Work with reputable professionals: Work with reputable property agents, lawyers, and mortgage brokers to ensure a smooth and transparent buying process. By being aware of potential hidden costs and following these property-buying tips, you can avoid unexpected expenses when buying a new condo in Singapore. --- "The only true wisdom is in knowing you know nothing." #AskRealtMani Get practical results. @83004411 https://wa.me/c/6583004411 https://www.youtube.com/@AskRealtorMa... --- Discover the answers to your property-related questions, as well as additional tips, resources, and services, by checking out the links below: Visit https://wa.me/c/6583004411 and https://www.youtube.com/@AskRealtorMa... for answers and frequently asked questions from other individuals. Contact Mani at +65 8300 4411 or via WhatsApp at https://wa.me/6583004411 for live chat support and assistance with your specific concerns. Check out Mani's Linktree at https://linktr.ee/AskRealtorMani for access to low-priced property listings, practical tips, and more. Watch over 500 informative videos on property buying, selling, and investing by subscribing to AskRealtorMani at https://www.youtube.com/AskRealtorMan.... Access additional practical property tips and news updates by visiting https://askrealtor.sg/blog/, https://askrealtormani.blogspot.com/, or https://www.quora.com/profile/Mani-Su.... Stay up-to-date on the latest property trends and news by following AskRealtorMani on Pinterest at ?

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?/?askrealtormani??. Get more value from your property investments by exploring the resources and tools available on Mani's WhatsApp catalog at https://wa.me/c/6583004411, including home valuations, property listings, market analysis, calculators, and more. To get started with buying or selling a property, contact Mani at https://wa.me/6583004411 for personalized support and an actionable plan/proposal at no cost to you. #AskRealtorMani @AskRealtorMani @6583004411