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Buying Tips

Prepare a wish list

• Define what type of property you looking for?
• What are your preferred suburbs?
• What are your ‘must haves’?
• What is your budget?

If you would like us to look for these features for you, why not fill in our Buyers Wishlist form

Arrange for Finance pre approval

• Do not forget to account for the hidden costs when preparing finance

Research your preferred Suburbs

• Utilise Property Investment magazines or online resources to find out valuable information on the area you are considering.

Meet an agent

• Find an agent you are comfortable with
• Ensure the agent has a reputable history

Take a look when looking over homes that you are interested in be sure to:

• Inspect the property personally more than once
• Have your solicitor or conveyancer review the contract for
• Arrange for a building and pest inspection before negotiations commence
• Check that your finance approval is still effective

Proceed to sale

• Submit a strong competitive offer
• Be prepared to preview a new property quickly
• Buyer and agent to have instant communication access

Prepare a wish list

• Define what type of property you looking for
• What are your preferred suburbs?
• What are your 'must haves'?
• What is your budget

Organising your financing:

Get pre- approvals for a loan before looking at prospective properties. Why? Because this will help you feel more confident and it will give you more leverage when there are multiple interested parties for a specific home. The fact that your loan has already been approved is of great value to you when negotiating, as you can access fund promptly.

Research:

Many home buyers do very little research before diving in and investing their hard-earned money. Inspecting roughly 100 properties will take you a couple of months however it will be time well invested. If you're short on time, a professional buyers' agent can search the marketplace for you.

Hidden expenses:

Taxes, insurance, maintenance, council and strata fees etc, if applicable. Make sure all the utilities are on (gas, electricity, and water) so you can inspect everything in working order.

Do a pre-settlement inspection:

Visit the property on the day of settlement or after all the furnishings have been moved out to be sure there are no surprises. Be absolutely positive the property was left exactly as you had agreed upon in the contract.

If it's not in writing, it doesn't exist:

All promises and discussions are to be in writing. Don't make any assumptions or believe any assurances. Even the best intentions can be misinterpreted.

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