My Financial Thoughts

The other day,  a friend told me about a mortgage broker she knows and I said “Huh? What does he do?”
A mortgage broker, I gathered later, is one who helps you to source for good deals on your mortgage. So, the part where we hate most – reading and finding out about what banks are [...]

Penny had this question asked the other day “Is it a good time to invest in properties?” And I have replied this question with a resounding “YES!”
But then again, where property investment is concerned, investing now or later is still good. The old saying of “Location, location, location” still holds true no matter how it [...]

Yesterday I had an interesting chat with my son’s principal.
I was telling her how we had bought our house over the weekend and she told me that she has never bought a house when her kids were small. She simply rented and now, after the kids are all well educated and grown up, she bought [...]

When buying a property, one of my very first question is whether it is freehold or leasehold. This will usually determine the price, apart from the location of course.
Usually a leasehold property will have 99 years till the lease expire. However, some developers may have bought the land and held on to it for some [...]

In The Star yesterday, there was an article which was debating who is responsible when buying a property which presents danger to the buyers.
In the recent landslide in Bukit Antarabangsa, apart from the houses which were lost, there were also many residents who were forced out of their houses for fear of collapsing. Although some [...]