Purchasing a property can be a daunting task. Having a plan at the start can make a big difference to your buying success.
What’s my budget?
Before you start looking, work out how much you can afford to spend. Talk to several mortgage providers to determine your borrowing capacity. This is an essential first step in successful buying.
Have I done my homework?
Decide on an area you like, and find out all you can about the area. Watch sales results in the papers and on the internet. Get to know the streets you like. This knowledge can help you make the right buying decision. If the property is for investment purposes, look for areas that will appeal to potential tenants.
What do I need?
Think about your lifestyle and how many rooms you need. Who else will be living in the house? What are their requirements? Answering these questions can help narrow down your search.
Have I obtained an independent inspection or report?
Before purchasing a property, it is a good idea to obtain a report from a qualified and independent building inspector. Properties can look great from the outside and often will have no major issues; however, obtaining a building inspection report provides you with a thorough understanding of any possible costs to resolve underlying issues.
Have I checked with my legal advisor/conveyancer?
Before you bid at auction, or make an offer at private sale, or sign any documents, ensure your legal advisor has checked all paperwork including the vendor’s statement.
Got a question?
Fill in the form below to receive property alerts as new properties come to market.
Get in touch
Phone us on 1300 322 366 or fill in our email form for a quote.