Tips to help you find dream home
If you’re planning to start house-hunting, we have put together five handy tips to help you find and secure your ideal home.
1. Consider your ‘must-haves’
Before you start looking online or out on the road at home opens for a house to buy, be clear about what you want in a property.
In particular, consider any deal-breakers and what you can live with and without.
By having a checklist, your search will be much easier as you can narrow down a list of properties to view, and you will be able to make to an offer much quicker if you find your ideal home.
2. Look at your finances
The first step is to consider your finances, particularly when working out how much you can afford to pay for your dream home.
Put yourself ahead of the game by speaking to a financial adviser and, while not always necessary, consider obtaining pre-approval for a home loan.
Doing this will put you in good stead when negotiating an offer or competing against other buyers for the same property.
3. Have a clear budget and maximum price in mind
This tip goes hand-in-hand with the point above.
Buying a home, particularly one you plan to live in, can be an emotional decision and often buyers make choices based on their “feel” for a property.
Be sure to work out the logistics in this case, including:
How much you can afford to repay on a home loan each month. Your maximum offer price. This will help you when researching properties, as you will have a clear price range in mind and can avoid the disappointment that comes with viewing homes outside that range.
4. Consider a buyer’s agent
Much like a seller’s agent for a seller, a buyer’s agent can represent you and help you find your ideal home.
Whether you’re looking for an investment property or a place to call home, a buyer’s agent can help by: Researching the market. Attending home opens and auctions.
Assisting you with advice on price, value, growth and location.
A buyer’s agent can help you negotiate the offer, avoid costly mistakes and better understand the buying/selling process.
5. Don’t rush in
Sometimes it may feel like you are on a time crunch when searching for your perfect home.
However, purchasing a property is one of the biggest investments you might make, so be sure to: Take your time. Explore what’s on the market. Talk to a local real estate expert before you take the plunge.
First-homebuyer couple Zoe and Trent Audas, both 31, and their 11-month old son James Audas in front of their Bilingurr home.