Buying your first home or your third home is a huge milestone in your life. It is never an easy process and can be quite stressful. Is this the right home for you? Are you financially ready for such a big commitment? Where do you even begin to search for a home? The Wiseberry Dural Team have put together some tips to help make buying a home easier.
Money
Buying a home can cause big financial strive. You need to make sure you are ready for the big commitment of buying a home. So first things first, check your credit score… The higher the score the better. Go to the bank and get a your loan pre-approved. Lastly do some research and plan your budget, buying the house is not the only expense that comes from buying a home.
Deciding your wants and needs
Brainstorm the difference between what you want in your home vs what you need in your home. Research what home will be the right one for you at the current moment in time. Is it something that you really want or is it something you really need.
Write up a short list
Once you have looked at a reasonable amount of properties, take the time to create a shortlist… Are you being realistic with your expectations? What property has the most that you both need and want?
Inspect smartly
When going to inspect the property, make sure you're looking at all the small things. Is there anything wrong with the property, are you sure it’s the one for you. Ask the agent all the right questions. Ask to see the contract.
Visit the suburb you’re looking at and do some fieldwork
Is there access to public transport, shopping, schools and entertainment hubs? Is it close to major roads and a safe area for children if you have any. Also consider surrounding suburbs. Is your preferred suburb a little bit out of your budget? It’s a good idea to consider more affordable neighbouring suburbs. Talk to the locals and ask for their views on the area.
Talk to the experts
Talk to the local agents and find out what's happening in the market, find one you would like to work with in helping you find your perfect home.
Be patient
The perfect home won’t come to you straight away. You need to be patient and explore all of your options before you dive in to buy a house. You want to make sure it’s the right one for you.
With all these tips, buying a home should go by a little easier. Remember to explore all your options and have fun looking for your dream home. The world is your oyster and buying a home is as exciting as it comes.