10 Useful Home Buying Tips for Single Women

3) Save sizeable money for down payment?

Check if you have enough money for down payment when planning to invest in property. Usually, there is no set of limit for down payments; it depends on how much money you can manage from your pocket. Being a single woman, you will have to pay from your single income and so you need to be very calculative when making an investment. If you can pay more for down payment, the lesser loan you have to take from bank, resulting in shorter loan tenure. Try to keep aside sizeable amount for down payment before you finalize a deal.

4) What are your requirements?

Apart from affordability factor, you need to consider various other things that include location, safety measures, proximity, neighbourhood and market value. As a single buyer, keeping an eye in all such factors will help you to maintain peaceful and tension free lifestyle. Be careful when buying a property and do not just fall in love with a good looking home, instead check the house whether it serves your purpose.  Also, you can select for locations which will be near to your family, friends and workplace.

Also Read:  15 Best Locations to Buy Home in India in 2013