Owning a house is a dream that many people want, but to make it happen, certainly takes a long time. There are many things that we need to prepare, from saving money to choosing a cheap house.
So you could say owning a house is not an easy thing, especially nowadays property prices are skyrocketing. So, how do you get a house? Especially if you want to get a cheap house and according to your wishes?
Of course, this is not an easy thing and there must be more struggle to get it. For example, even if there is a cheap house, the environment is not comfortable or needs a major renovation.
But all that doesn’t mean it’s impossible.
There are some tips for buying a cheap house that you can do so you can buy a house with a minimal budget, including in big cities.
You could even say that if you do this, you can get your dream cheap house. What are the ways? Read more below!
Join the Property Exhibition
The first cheap home buying tip is to try to visit property exhibitions when you have free time.
It does not have to be offline property exhibitions, because now many exhibitions are held online. You can look around the house at the exhibition from home.
A property exhibition like this is an opportunity not to be missed.
The reason is that hundreds of developers who participate offer special prices or promos that only apply at the exhibition.
So you now understand why coming to a property exhibition is important?
Here, not only can you choose the latest houses from well-known developers in Indonesia, but if you buy at similar exhibitions, there will be attractive offers.
Exhibitions like this are usually held by developers, banks, or event organizers, including property portals.
So make sure you don’t miss the property exhibition!
The City of Buffers is the Solution
If you work in a big city, getting a cheap house will be difficult. But you can get a place to live at a friendly price in the buffer cities.
Because usually houses in the buffer zone are cheaper than in the city center itself. Even if you are lucky, housing prices in buffer cities can be 2 times cheaper than in big cities.
Because it is located further from the workplace, so you also have to be careful about access, including paying attention to infrastructure such as roads, public transportation, and so on.
Auction House at Bank
In addition to developers, banks also usually provide cheap house promotions.
You can join some cheap house programs offered by the bank. One of them is a property auction event.
Usually, the auctioned house has a relatively cheap price.
But there is a downside if you buy a house at a bank auction, namely, the house is usually not new.
The house for sale is an alias for a bank confiscation from a previous customer who was unable to pay mortgage installments.
So, if you decide to take part in the auction from the bank, make sure the house documents are complete, right?
One more thing you can do when you want to buy a cheap house is to wait for a cheap house promo.
Not a few banks provide cheap house promos to their customers.
However, this promo doesn’t exist every day, so make sure you get the latest information when there’s a promo!
Join the Subsidized Home Program
Tried but stuck? No need to worry! You can hunt for subsidized houses from the government, where you can get a house for under 200 million.
But of course, there are special requirements to be able to buy a subsidized house. One of the main requirements is a maximum income of 270 USD per month.
Because subsidized housing is intended for low-income people. So if your salary is above 270 USD, then you are not entitled to buy a subsidized house.
Then if you are interested, be diligent in looking for information about this, because the stock must be very limited.
Search Homes on Property Sites
In an era that is all sophisticated with technology, buying a house is not a difficult thing to do.
Today, there are much quality, credible, and trusted online property buying and selling sites.
With this site, buyers can access the desired home information.
Usually, the property site will display a listing of homes for sale by including information in the form of a description of the number of rooms, type of building, location, and price.
The features on the property site also vary, ranging from location filters, and home developers to the desired price.
There are also features of new or used houses and the size of the house includes the desired land area and building area.
Of course, by using a property site, looking for cheap house information will be easier without having to come directly to the location.
Buy a House Over Credit
Over-credit houses or commonly called take-over mortgages are different from house auctions at the bank.
Previously, please note that taking over a mortgage is the transfer of property ownership from one person to another party with a valid agreement above the law.
How to buy a take-over mortgage house is done between banks, selling a take-over house, or taking an underhand mortgage.
By taking over or over credit, usually, the mortgage interest will be lighter so that the desired house price is cheaper.
Make sure when you do over-credit, the agreement made earlier is safe and profitable.