6 steps to find­ing & buy­ing a home you’ll love

Buy­ing a home you’ll love is easy if you fol­low these 6 sim­ple steps

Monthly Chronicle - - Real Estate -


Talk to your bank or mort­gage bro­ker. You need to know how much you can spend. It is dan­ger­ous to look at prop­er­ties you can’t af­ford, you’ll only be­come dis­heart­ened.


Choose an area be­fore you choose a home. Pick ar­eas based on these 4 cri­te­ria: Af­ford­abil­ity - Are prop­er­ties in this area af­ford­able for you? Ap­pro­pri­ate­ness - Is the area ap­pro­pri­ate for your life­style? Area Ameni­ties - What do you need? Schools, Shops, trans­port, med­i­cal/hos­pi­tal, re­cre­ation, & em­ploy­ment op­por­tu­ni­ties etc. Avail­abil­ity - Is there a range of suitable & af­ford­able prop­er­ties avail­able to choose from?


Make a list of what you need. Don’t de­scribe your dream home, just your needs. You will rarely find your ul­ti­mate dream home, so don’t set your­self up for dis­ap­point­ment. Based on your cri­te­ria, start look­ing on­line to see if you can find homes you like. At­tend open in­spec­tions once you have lo­cated a num­ber of pos­si­bil­i­ties. Al­ways take a check list with you to en­sure you stay on track with your needs.


Com­pile a short­list of those homes you liked. Con­sult with other fam­ily mem­bers be­fore you make a de­ci­sion, then go back for sec­ond in­spec­tions and take your fam­ily with you. Ask the agent for a pri­vate in­spec­tion so you can spend more time ex­plor­ing the home and get­ting a sense of whether this is the right one for you.

Due Dili­gence

Once you have found “The One”, you should do your due dili­gence to en­sure the prop­erty is every­thing the owner/agent has pre­sented it to be. • En­gage a so­lic­i­tor or con­veyancer to look over the con­tract and to han­dle the con­veyanc­ing. If you don’t know one, ask your friends to re­fer you to some­one they trust. Get a build­ing and pest in­spec­tion. You don’t want to find any un­wanted and po­ten­tially ex­pen­sive sur­prises af­ter you move in. Visit the im­me­di­ate area on dif­fer­ent days and at dif­fer­ent times. This will give you a bet­ter idea about any pos­si­ble is­sues that might arise af­ter you move in.

Ex­change Con­tracts

Your so­lic­i­tor/con­veyancer, & your bank/bro­ker will ad­vise you on the best way to pro­ceed with the ex­change of con­tracts and pay­ment of de­posit.

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