The Mortgage Isn't Really worth the Paper......

The Paper gets useless as you aged

When you are old and do not have an income, even having a house to mortgage isn't any good.

So, remember when you do have a valuable asset in hand like a property that is unencumbered, do use it as a leverage to buy another property while you are still earning.

The longer years you have right up to 70 years old will also ensure the payback amount per month is really bearable.

Otherwise, that property is only good if you become a guarantor for your children.

As property prices are really crazy in the Klang Valley, it pays to take a risk and buy a property now.

As your children may have just started working and would not have the wherewithal to put down even a small deposit for a home, parental assistance goes a long way to ensure they have a property pat down while the price is still affordable.

Imagine buying a small pigeon-hole of a unit at the Icon near the Sunway Bridge will cost you more than RM1,000 per square feet. God forbid!

The risk taker will be rewarded as property goes into boom and bust cycles.

If you can ride these speed bumps you will emerge the winner!