Real Estate Articles Real estate articles: The right time to buy a home to live in

Tips for buying a home: Buy when you are financially ready, according to family needs and the balance of deductions and financing.
Matar Al-Shammari, Old Buildings - Real Estate Marketing

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Real Estate Articles Real estate articles: The right time to buy a home to live in

Matar al-Shammari

Buying real estate for housing has no specific time limit, real estate for housing is considered a need if you have the financial ability, are ready to buy and have no financial obligations, and are eligible for subsidies.

Don't hesitate to buy after Istikhara but with a condition:

  • Buy according to your means and affordability.
  • Buying a home is based on the size and needs of the family.
  • Buying a property to live and settle down, not to brag about the location of the neighborhood and the size of the property.
  • Don't exaggerate the value of the property and the amount of financing.
  • Expand your search for the right property.
  • 65% will be deducted from your paycheck for your home and family expenses and the remainder will be
  • Deduction for real estate financing.
  • So if your salary is 15,000 65% 9750 for your house and family expenses and 5250 for the monthly mortgage payment, if you and your family want to live a decent life.
  • And stable. But if 65% has a mortgage deduction, unfortunately, you won't be able to complete the 20-year term.

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