Investing in a home: questions to ask yourself

Buying a home is often one of the biggest financial commitments of a lifetime. Whether it is to live in or to rent out, the decision deserves thought. This article offers general points to think about; it is not financial or tax advice.

Clear goals

Living in it, renting it, reselling it: each goal has its costs (taxes, maintenance, insurance, financing) and its obligations. Work out the overall budget before committing, and keep a margin for the unexpected.

The risks

A property’s value can go up as well as down, and interest rates can change. No one can predict the market: no rise in value and no income can be promised.

The professionals to consult

An accountant or financial adviser for taxation and financing, a notary for legal matters, an inspector for the condition of the building. Pierre Vinet helps you compare properties, read the documents and co-ordinate these stakeholders.

To talk about your project, contact Pierre Vinet for a personalised consultation. The first conversation commits you to nothing.