Tips for Finding Your Perfect Home
When the time comes to buy a home, excitement can often turn into frustration when the buyer isn’t prepared. Here are a few tips to make sure your buying journey runs as smoothly as possible.
Step 1: Set your limits
Before you start shopping for property, it’s important to know how much you can spend. You might think that jumping onto the internet and doing some calculations on repayments will be enough to set a budget, but unfortunately, that isn’t the case. What you can afford and what the bank will lend you are quite often, two very different numbers.
Avoid disappointment by talking to a mortgage broker or your bank first, get yourself pre-approved with an amount, and stick to it.
Avoid disappointment by talking to a mortgage broker or your bank first, get yourself pre-approved with an amount, and stick to it.
Step 2: Write down your wishlist
When the time comes to start shopping for property, it’s wise to write down exactly what you want in the property and compare what’s on the market to that list. If you are buying with another person, we can assure you, your lists won’t match! So be willing to compromise on some items so you don’t end up arguing at an open home instead of making offers.
If you are like most people, your list and your budget might not align either. So, when you find a property that ticks MOST of the boxes and fits your budget, it’s time to make your move!
If you are like most people, your list and your budget might not align either. So, when you find a property that ticks MOST of the boxes and fits your budget, it’s time to make your move!
Step 3: Making Your Move
If you have been going through opens for a few weeks or months and keep missing out on properties, or hesitating, that’s totally normal. But, you can avoid the disappointment of missing out by making a move and being aggressive. If the home you like ticks all the boxes, make an offer quickly, show interest and be open to negotiation. Too many people miss out and end up settling for something they only just like, rather than love, because they play games, wait and hesitate.
If your offer is accepted, be prepared to sign the contract, and have your conveyancer/solicitor check it for you.
To learn more about the buying process get in touch with one of our team below.
If your offer is accepted, be prepared to sign the contract, and have your conveyancer/solicitor check it for you.
To learn more about the buying process get in touch with one of our team below.
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