Investment property

I have decided to look for properties that I can afford to buy in cash... don't want the hassle of taking loans.

However, to be on the safe side in terms of the transfer and so on, it is actually better to take a loan because of the due diligence done by the bank.

They will make sure the transfer is effected properly before they release the loan; cash buyers need to be very sure on the procedure in case they get duped.

Anyway, just my thoughts on the matter...

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