A home buyer’s check­list

Think­ing of buy­ing a home? Here’s what you need to con­sider when prop­erty shop­ping

Monthly Chronicle - - Home & Living - DION VERZELETTI, ES­TATE AGENT Dion Verzeletti, Di­rec­tor and sell­ing prin­ci­pal at Ray White Cher­ry­brook, Thorn­leigh & West Pen­nant Hills. www.ray­whi­tectwph.com.au

Pride of own­er­ship is the number one rea­son why peo­ple want to own their home. It means you can paint the walls any colour you want, at­tach per­ma­nent fixtures, renovate it and put your stamp on it. Home own­er­ship gives you and your fam­ily a sense of sta­bil­ity and se­cu­rity.

Start­ing a search for a new home typ­i­cally be­gins on the in­ter­net. With just a few clicks, home buy­ers can search through scores of on­line list­ings, view vir­tual tours, and look at hun­dreds of pho­to­graphs.

You've prob­a­bly de­fined your goals and have a pretty good idea of the type of home and neigh­bor­hood you want. By the time you reach your real es­tate agent's of­fice or an open home, you’re al­ready half­way to home own­er­ship.

Prop­erty tyre- kick­ing

Ev­ery prospec­tive buyer has dif­fer­ing views on what they want - thank heav­ens or we’d all be clam­our­ing for the same place! That said here are a few tips on what to do and things to keep an eye out for. Take notes of un­usual fea­tures, colours and de­sign el­e­ments. Pay at­ten­tion to the home's sur­round­ings. What’s next door and nearby? Do you like the lo­ca­tion? Is it near parks and schools? Is public trans­port and shop­ping within easy reach? Are the neigh­bours noisy? Is there a bark­ing dog that might be irk­some?

You can al­ways change the home but you can’t change the po­si­tion or size of the block

Where does the light fall - will the gar­den get sun? You can al­ways change the home but you can’t change the po­si­tion or size of the block. Im­me­di­ately af­ter leav­ing, rate each home on a scale of 1 to 10, with 10 be­ing the high­est. Take a photo on your phone to help you re­mem­ber, and keep a note­book to jot down things like: ‘needs new kitchen lino’, or ‘lovely quiet street’. View top choices a sec­ond time. Af­ter tour­ing homes for a few days, you’ll prob­a­bly in­stinc­tively know which one or two homes you’re in­ter­ested in. Ask to see them again. You’ll see them with dif­fer­ent eyes and no­tice things that were over­looked the first time around. If you’re at a pri­vate view­ing, stand in a room alone to see how quiet the place feels. Be mind­ful that th­ese days prop­er­ties can move fast, so don’t be afraid to make an of­fer. Don’t miss the op­por­tu­nity of se­cur­ing your dream home by wor­ry­ing so much about what the owner will take, what the agent thinks it’s worth or what other buy­ers will pay. Pay what you feel is right, af­ter all you’re more than likely to be in the home for many years and in 20 years that ex­tra $2,000 won’t seem like a lot. Do­ing your due diligence when prop­erty shop­ping is the equiv­a­lent of tyre-kick­ing when you’re think­ing of buy­ing a car. You want to be as up-tospeed on all as­pects of the prop­erty as you can, so you can use the in­for­ma­tion to help in your ne­go­ti­a­tions.

Find­ing a knowl­edge­able agent

Your ex­pe­ri­ence in house-hunt­ing will be made much more en­joy­able if you talk to an agent who re­ally knows the mar­ket and knows what you’re look­ing for. If you al­ready own a prop­erty and you’d like to know what it may be worth in to­day’s mar­ket, call us for a re­al­is­tic mar­ket ap­praisal for both rental or/and sale.

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