My sisters are careful financial planners
My two sisters just bought a condo together few months back. At first I thought it’s a bad idea to buy an expensive property with less than 30% down. But, after I have visited the place and fell in love with their cozy home. I think the home is worth more than the house, a good buy indeed.:-)
Well, my first sister MC is a careful financial planner and thrifty spender, she has probably done more detailed calculations than the loan calculators could. Though this is the first time they are buying a house and therefore do not have any experience, they are resourceful because they search for information online and ask their friends who are experienced. I am sure they have thought through the whole process and are certain they could afford the repayments before they decided to buy the condominium.
