Dissecting Buy Houses Mutual Fund Prize
Popularity of industrial property rose sharply in recent years, and more intensively as well as innovative in its product offering. One of the DompetPintar taste pretty creative this time purchase of a home is the lure of a prize of Mutual Funds.
One of the developers claim that this scheme offers, prize fund mutual fund can be used as a backup in case of a mortgage when the process stalled, or to meet other needs. Well, to what extent does this mutual fund house purchase bonus benefit the buyer?
Dissecting Buy Houses Prize Mutual Funds - DompetPintar
With a bonus of 6 to 10 percent of the purchase price of the home-usually in cash bonuses to get the highest-value prize fund scheme is certainly very tempting. But would not you know that the bonus funds are not necessarily free you melt anytime. Bank is working with the developer to impose a lockdown for a period of five years, meaning that you can only redeem the mutual fund units next five years.
From the point of view of a financial planner, would prefer a gift of mutual funds compared to AC or motor whose value must fall over time. Of course, it does not mean risk free funds so you have to immediately take up this offer. First examine some of the following:
Early goal
If this is your first home purchase, focus on factors that are not attached to the house and fixed on the prize. Calculate the selling price of homes in advance plus the value of mutual funds offered, whether it has the same value as the price offered by the developer? Think also about the location, quality of building materials used, land area, building area, and do not forget to compare prices with other developers.
If you are buying a home for investment, be sure to calculate the potential selling price or rent it later. Are you going to produce a profitable investment with the prize fund?
Thorough mutual fund products offered
If you have been matched with the house being offered, now is the time to analyze the prize awarded. Check carefully the prospectus of the mutual funds, investment managers who, how the historical development of investment during this time, and so forth. Periods of lockdown for 5 years certainly makes you not be able to freely organize your investments, although the movement of funds tend to fluctuate. Determine if there is an option for switching or redemption if there is a condition where the yield is smaller than mortgage interest.
Optimize your mutual funds
After steady lottery funds to purchase the house, look for gaps to optimize your mutual funds. If you intended to make such funds may accelerate the repayment of the mortgage, it's good to choose a stock mutual funds. If it gets in a given year and you have sufficient funds, thawed and park while on deposit with a short tenor while you take care of the repayment of the mortgage documents.
