I have put together a short list below with my main buying tips that will assist you in the process:
Be Flexible
Try to keep the search parameters to more than a handful of suburbs, yes you will spend more time on your brief, but stock levels are low so having your options open is a smart way to do it. Choose an area or locality that you like and highlight several suburbs it will save you a lot of time and heartache.
Do Your Research
Get to know the market by looking at recent sales. There is so much information available these days that will empower you when making decisions and no one wants to pay too much for a property. By educating yourself you will use your time more effectively. Be realistic and don’t try to only buy a bargain, very rarely are they the right property for you.
Finding the Perfect Compromise
Whether it's a home or an investment, buy a property that feels right and fits the brief. Buying a property is about finding the perfect compromise. Financial stress is one of the biggest factors in relationship breakdowns; another reason why overextending yourself financially isn't worth it.
Using a trusted conveyancer or solicitor
It’s vital to hire a local legal advisor that’s readily available, does a lot of property conveyancing and is someone you like. Choosing an old school family lawyer will cause unnecessary stress and potentially limited advice. At Grantham Buyers Agents, we have trusted conveyancers and solicitors in the area that we would be happy to recommend.
Get Finance Approved!
Before looking for weeks and spending significant time on your search make sure your finances are in order. A good mortgage broker will help you source the best home loan, and understand your situation so that you can maximise your borrowing capacity. At Grantham Buyers Agents, we have a trusted mortgage broker we can recommend who is a past client too.
Multiple building and renovation quotes
Before purchasing a property get an indicative quote from a builder on your costs. Building costs can be higher than you think and projects rarely run to their original budget.
Don't rush into a Purchase
There is always another property around the corner don’t just buy something for the sake of it. Be patient; if you are realistic the right property will come up.
Buyers Agent
Consult a reliable buyers agent, they can assist with negotiating, auction bidding, valuation expertise or handle the entire search for you.
We want to hear more about how we can help you achieve your goals. Send us an email or call us and let's talk about your property needs.
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