Check Before You Buy a First-hand Residential Property

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Before buying a first-hand residential property, study the sales brochure, price list and sales arrangements. Check mortgage details and total expenses. Assess affordability. Be cautious about verbal promises. Always ask for written confirmation. Sign the agreement for sale and purchase within five working days after signing the preliminary agreement, or else the deposit of five per cent of the purchase price will be gone! Visit the Sales of First-hand Residential Properties Authority website for more.