Without a plan,
our dream home
remains a dream
Anneau can help its valued client build a realistic financial & investment plan towards owning that dream home
Anneau can help its valued client build a realistic financial & investment plan towards owning that dream home
Our Home
Financial & Investment
Planning Process
The best financial plans fail; if not executed with discipline, obsession and riguor.
Refining your dream
The right home for you should not prevent you from living a reasonably comfortable life within your means; providing for your loved ones, living a decent retirement or even packing up for that vacation you’ve been waiting for.
Your relationship manager at Anneau will sit down with you to understand your requirements. What neighbourhood are your aiming for? What type of house? How big? Will it eventually be for rental/re-sale? Will it be your retirement home? How much will it cost all-in (Down-Payment, property taxes, mortgage repayments, home insurance, maintenance, etc)? Once the budget is clear, it needs to be reconciled with your current and future income streams, your spending habits, current liabilities (loans & expenses) such that the dream home is affordable and so realistic.
Formulating your plan
Owning that dream home is your goal. The Financial Plan is the tool you will use to achieve your goal. Once the objective has been defined, it is now easy to establish a savings and/or investment plan that will discipline you to save/invest.
Home prices tend to vary in value in the future based on a number of factors which eventually determine its market value. Using these variables as input, Anneau will calculate how much you need to put aside every month. What average rate of return do your contributions need to grow at such that you are able to afford your dream home in the stipulated time-frame? Once the plan is formulated, Anneau will consult with you to ensure that such a plan is realistic without overly burdening your reasonable standard of living in the short-term. This is a consultative process and is critical.
Implementing your Plan
Without disciplined implementation, no plan can be successful and no goal can be achieved. Hence the importance of you doing your best, day in-day out, to ensure that you are saving/investing with discipline, patience and riguor.
Your Home Financial plan will clearly dictate what savings/investments; which can be in Lump-sums and/or monthly contributions. Your Relationship Manager will regularly sit down with you to review the plan and its performance. Your current financial situation will invariably change with time and it is important that your savings/investment plan adjust to it (especially in periods of economic volatility which results in changes in interest rates). Once your financial target is within grasp, Anneau will further assist you in negotiating and securing the ideal mortgage for your dream home.
Anneau uses actual banking industry data and up-to-date information including market valuation, pricing, credit availability/tightness to ensure that your credit score, your debt-to-income and the loan to value of your mortgage are realistic at the time of purchase.
