Think before you buy first-hand residential property
| Elderly husband: | The flat looks good. Let’s pay a deposit! |
| Young wife: | Just buy it! |
| First-hand Home Buying Wizard: | Hold on. I’m the First-hand Home Buying Wizard.
I’ve got some tips for you.
Don’t let others affect your decision. Find out about a mortgage loan first before signing the Preliminary Agreement! Don’t accept a loan from an estate agent to pay the deposit! If you don’t sign the Agreement within five working days after signing the Preliminary Agreement, you’ll forfeit your deposit. |
| Super: | Preliminary deposit = 5% of purchase price |
| Two couples: | Got it! |
| Super: | Think Before Signing Smart First-hand Home Buying www.srpa.gov.hk enquiry_srpa@hd.gov.hk Sales of First-hand Residential Properties Authority |
