What should I pay attention to when buying a second suite?
1, pay attention to the policy.
If you want to buy a second suite, first of all, buyers need to know how to specify the specific time of the local real estate policy, mainly to determine whether they have the local purchase qualification. If you want to borrow money to buy a second suite, you need to know the loan policy of the second suite. Understand the bank loan policy, including the first home loan interest rate, second home loan interest rate, new commercial housing interest rate, second-hand housing interest rate, etc. Don't think it's useless to know the first suite policy. Maybe the second home you think belongs to the first home?
2. Pay attention to the loan method
If the property buyers are sure that they belong to the situation of buying two suites, and they are qualified to buy houses locally, they should also pay attention to the loan method when handling the loan procedures. If they have already paid the personal provident fund, they can also consider using the provident fund loan. You can still enjoy the relevant preferential loan conditions when you buy the second suite. If the interest rate of provident fund loans is low, it can be used. If you buy the first set of commercial loans, you can apply for provident fund loans if you buy the second suite.
Be careful when signing the contract.
After signing a house purchase contract, many people will not pay much attention to signing a house purchase contract when buying a second suite. You should know that the purchase contract is an important document to protect the rights and interests of buyers. No matter how many suites you buy, the details of the contract may change, so read the terms carefully before signing the contract. If the purchase contract is blank and there are no supplementary terms, be sure to cross it out.