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Buying a house is a big commitment. And for small income earners or young adults just making their way in the world, the thought of finding the right property, raising a home deposit, securing the right loan and going through home buying legal procedures can be very daunting indeed.
So how do first time home buyers with low income start the process of buying their dream homes? True, there are many first time home buyer loans they can apply for but there are a few other things they should consider as well.
Here are some suggestions for low income earners or those with small home deposits to buy residential property.