The Home Loans Manager of Stanbic Bank, Anna Owusu-Sekyere, has advised investors against rushing into investing in properties at all cost when they cannot afford it.
According to her, investors need to start small depending on their purchasing power and make bigger moves as they progress in the mortgage business.
Speaking at day two of the ‘meQasa Property Expo 2018’ seminar, Madam Owusu-Sekyere told potential investors that it is important to start with assets they are comfortable with.
She averred, “The fact that someone else is buying a big house in airport doesn’t mean that you should when you cannot afford it.”
Explaining the types of housing rates and how to still make enough money, the Home Loans Manager said, “There is always good sides with all the property types- with the investments properties and the live-in property. So if you buy a property at where the working class is, you can still make some money out of it.”
The Property Expo offers attendees superb networking opportunities and the chance to learn from knowledgeable speakers on insightful and instructive seminars relating to property investments, mortgages, land litigation and home security.
The housing fair which will be an annual event, is the perfect housing fair for people actively and passively looking to buy a new house or land; seeking to rent an apartment or office space; investors seeking stellar real estate projects to back; individuals and families looking for deals on home improvement; property professionals and enthusiasts.
meQasa.com is Ghana’s easiest way to rent, buy and sell property, offering a user-friendly online marketplace mutually beneficial to homeowners/landlords, home seekers, real estate agents and developers alike.