The importance of planning before buying – why caution is key
By Maja Garaca Djurdjevic
11 February 2021
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1 minute read
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Before cashing out on a property, buyers of all ages and experience levels are encouraged to have a comprehensive plan in place that caters to several key elements.
Extensive preparation is key when approaching a property purchase, and online finance calculators don’t count, Pure Property Investment’s Paul Glossop said on a recent episode of The Smart Property Investment Show.
“It starts with preparation because it doesn’t take much to jump on an online finance calculator and say here is my income, here are my debts, how much can I borrow? That is not a strategy,” Mr Glossop advised.