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Why is important for you to build your wealth today?

  • Writer: Shirley and Pamela
    Shirley and Pamela
  • Jun 19, 2020
  • 1 min read

Wealth accumulation doesn’t happen overnight.

Whether it is for your future retirement, children’s university school fees or unforeseeable medical bills, wealth building is necessary to protect you & your family.

In our earlier article, we discussed about growing asset wealth by leveraging on our property, using little to even $0 cash outlay from your savings. But how does this methodology work?

Basically, property investment provides one of the highest returns in general. Due to the leveraging system, where in this case, homebuyers are leveraging on the bank loans to purchase a property multiple times the value of the down payment required.

If a homebuyer gets 75% LTV, which the purchase of the property is worth 4 times more than the down payment, he / she is effectively leveraging it by 400%.

Let’s take a look at the illustration below to find out how this is being achieved.

Do you wish to find out more on how you can leverage on your existing property to start growing your wealth? We are Pamela & Shirley from Wonderhomes.sg! Click comment below or drop us a PM & we will get back to you soonest!

 
 
 

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ABOUT US

Wonder Homes was started with an earnest ambition of helping homeowners through the processes of buying and selling of properties. Having been there and done that, Shirley and Pamela understand the frustration one is likely to feel when going through the transactions.

The real estate consultancy duo constantly update themselves with the latest market trends, breaking down the facts and figures for their clients to aid in their decision making. Many that have engaged Shirley and Pamela would say they are sincere and only offers the best advice.

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